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Korean Deposit Insurance Fund: Some Risk Management Issues

예금보험기금: 위험관리와 관련한 제반 문제

Hahm, Sang Moon

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Abstract

The Proliferation of banking and financial crises in the 1980s and 1990s has led a large number of countries to institute an explicit system of deposit Insurance. In fact, 30 of the 72 countries now known to have an explicit deposit insurance system established it during the past decade. Countries implement deposit insurance systems to provide consumer protection for small depositors by providing a mechanism for the immediate pay-out or transfer of the insured portion of their deposits, and to enhance public confidence and systemic stability by establishing a framework fir the resolution of failed institutions to prevent individual bank failures from spreading.

Issue Date
2004-11-16
Publisher
Korea Development Institute, The World Bank Institute, Ministry of Planning and Budget
URL
http://www.kdi.re.kr/seminar/conference_data_view.jsp?yyyy=2004&mmmm=11&mseq=61&dseq=171
Conf. Name
A Joint Conference on Managing Fiscal Risks and Realigning the Sectoral Allocation of Spending
Place
KO
Conference Date
2004-11-15
Language
English
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