The Design and Implementation of Deposit Insurance Systems
( Occasional Papers )
Publication series ： Occasional Papers
Author： Mr. David S. Hoelscher Mr. Michael Taylor Mr. Ulrich H. Klueh
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2006
E-ISBN: 9781451962192
P-ISBN(Paperback): 9781589065031
Subject： F831.59 金融危机
Keyword： Deposit insurance
Language： ENG
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Description
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. Rather, it 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. The paper includes a summary of the academic literature.