Deposit Insurance and Financial Development
نویسندگان
چکیده
We thank the World Bank for funding and Asli Demirguc-Kunt and participants at the World Bank conference on deposit insurance for their comments and suggestions. The views expressed are the authors' own and do not necessarily reflect those of the World Bank, its Board of Directors, or the countries they represent.
منابع مشابه
Investigation of Accuracy and Legitimacy of Deposit Insurance by Comparing with the Typical Insurances
Nowadays, deposit insurance plays a significant role in the financial stability of countries, and most countries have implemented this system in their countries. However, since in the deposit insurance process, it is unknown whether something will happen in the future or not, there are still disagreements between jurisconsults concerning this system, and they believe that factors such as risk...
متن کاملDeposit Insurance Around the Globe : Where Does It Work ? Asl
Explicit deposit insurance has been spreading rapidly in recent years, even to countries with low levels of financial and institutional development. This paper documents the extent of cross-country differences in deposit-insurance design and reviews empirical evidence on how particular design features affect private market discipline, banking stability, financial development, and the effectiven...
متن کاملA Guide to Deposit Insurance Reform
Deposit insurance was introduced in the United States during the Great Depression primarily to promote financial stability. Stability is enhanced because deposit insurance reduces the likelihood of a bank run. During its first four decades, deposit insurance appeared to work well as few banks failed. But in the 1980s, a wave of financial troubles in the banking and thrift industry exposed an un...
متن کاملDoes Corporate Governance Matter in Deposit Insurance? DI and Moral Hazard in Joint Stock and Mutual Financial Intermediaries
In this paper, we analyze the differences of effects of a deposit insurance schemes on financial cooperative and joint stock banks risk taking. We develop a methodology which includes the specifics of the utility function for the financial cooperative and we compare the results to a similar profit maximizing joint stock bank. We find that the introduction of deposit insurance does in fact incre...
متن کاملSituational Analysis: Conditions and Implementation Considerations
It is important to conduct a comprehensive situational analysis when considering the introduction of a deposit insurance system or when planning to alter an existing deposit protection arrangement. In conducting such an analysis, the economic and institutional conditions and their effect on the alternatives available for a deposit insurance system must be considered. Among the conditions that s...
متن کامل