Deposit insurance in developing countries.: An article from: Finance & Development
Book Details
Author(s)Ignacio Mas, Samuel H. Talley
PublisherInternational Monetary Fund
ISBN / ASINB0009255VI
ISBN-13978B0009255V3
MarketplaceFrance 🇫🇷
Description
This digital document is an article from Finance & Development, published by International Monetary Fund on December 1, 1990. The length of the article is 2295 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Some developing countries, including Colombia, Kenya, Nigeria, and Yugoslavia, have created deposit insurance systems to guarantee the value and liquidity of deposits up to a certain size and prevent unrestrained demand for cash by savers that can disrupt the payments system and financial intermediation process and cause negative macroeconomic effects. The insurer is typically a government-owned entity funded with premia paid by the institutions whose deposits are insured. A deposit insurance system works better than implicit protection schemes in that it produces smoother, faster, and more predictable resolutions of the situations of failing banks. Membership in a deposit insurance scheme should be compulsory in order to prevent abuse and to attract sufficient membership, and coverage should be limited in order to ensure market discipline.
Citation Details
Title: Deposit insurance in developing countries.
Author: Ignacio Mas
Publication:Finance & Development (Magazine/Journal)
Date: December 1, 1990
Publisher: International Monetary Fund
Volume: v27 Issue: n4 Page: p43(3)
Distributed by Thomson Gale
From the supplier: Some developing countries, including Colombia, Kenya, Nigeria, and Yugoslavia, have created deposit insurance systems to guarantee the value and liquidity of deposits up to a certain size and prevent unrestrained demand for cash by savers that can disrupt the payments system and financial intermediation process and cause negative macroeconomic effects. The insurer is typically a government-owned entity funded with premia paid by the institutions whose deposits are insured. A deposit insurance system works better than implicit protection schemes in that it produces smoother, faster, and more predictable resolutions of the situations of failing banks. Membership in a deposit insurance scheme should be compulsory in order to prevent abuse and to attract sufficient membership, and coverage should be limited in order to ensure market discipline.
Citation Details
Title: Deposit insurance in developing countries.
Author: Ignacio Mas
Publication:Finance & Development (Magazine/Journal)
Date: December 1, 1990
Publisher: International Monetary Fund
Volume: v27 Issue: n4 Page: p43(3)
Distributed by Thomson Gale
