Deposit insurance and banking reform in Russia

Modibo K. Camara and Fernando Montes-Negret

No 4056, Policy Research Working Paper Series from The World Bank

Abstract: The objective of this paper is not to review the pros and cons of deposit insurance systems, but to focus, rather narrowly, on the recent adoption of a deposit insurance system (DIS) in Russia, the rationale offered, and the potential impact it might have on the stability and development of the Russian banking system. An attempt is made to draw some lessons from the implementation experience in Russia. The paper starts with a brief description of the Russian DIS, followed by an overview of the banking system's structure and some observations on the sequencing followed for adopting the DIS and the political economy of its adoption. It concludes with a discussion of areas requiring attention.

Keywords: Banks&Banking Reform; Financial Intermediation; Financial Crisis Management&Restructuring; Corporate Law; Insurance&Risk Mitigation (search for similar items in EconPapers)
Date: 2006-11-01
New Economics Papers: this item is included in nep-ban, nep-ias and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:4056

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