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The Design and Implantation of Deposit Insurance Systems (Occaisional Paper) - Softcover

Hoelscher, David S.; Michael Taylor, Michael; Klueh, Ulrich H.

 
9781589065031: The Design and Implantation of Deposit Insurance Systems (Occaisional Paper)

Synopsis

This paper describes recently established deposit insurance systems, identifying emerging trends. In line with previous IMF work on the subject, it argues against the development of "best practices" applicable to all systems, but rather, stresses the importance of incorporating each country's individual objectives in adopting a deposit insurance system, as well as that country's characteristics, to ensure an effective system that minimizes disincentives and distortions to financial sector intermediation. Includes a summary of the academic literature.

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