Thinking of a deposit insurance system- delay it!

A World Bank working paper surveying deposit insurance schemes;

Deposit insurance design and implementation: policy lessons from research and practice- This paper illustrates the trends in deposit insurance adoption. It discusses the cross-country differences in design, and synthesizes the policy messages from cross-country empirical work as well as individual country experiences. The paper develops practical lessons from this work and distills the evidence into a set of principles of good design. Cross-country empirical research and individual-country experience confirm that, for at least the time being, officials in many countries would do well to delay the installation of a deposit insurance system.

Via Spontaneous Order

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This page contains a single entry by Paul published on September 30, 2006 1:17 AM.

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