Promotional Information

The contributors to this book collectively provide a comprehensive survey of deposit insurance programs across the globe. These authors convincingly demonstrate that "deposit insurance" is neither a uniform product nor necessarily a positive influence on a country's financial sector. The effects of deposit insurance depend crucially on the associated financial and political institutions. Policymakers and financial professionals will find this book extremely informative; they should heed its warnings about the impact of introducing new deposit insurance systems. -- Mark Flannery, Department of Finance, Graduate School of Business Administration, University of Florida

About the Author

Asli Demirgüç-Kunt is Director of Development Policy in the World Bank's Development Economics Vice Presidency and Chief Economist of the Financial and Private Sector Development Network (FPD). She is the coeditor of Financial Structures and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development (MIT Press, 2001). Edward J. Kane is James F. Cleary Professor in Finance at Boston College. Luc Laeven is the Director-General of the Directorate General Research of the European Central Bank and coeditor of Deposit Insurance around the World (MIT Press).

Reviews

"The contributors to this book collectively provide a comprehensive survey of deposit insurance programs across the globe. These authors convincingly demonstrate that "deposit insurance" is neither a uniform product nor necessarily a positive influence on a country's financial sector. The effects of deposit insurance depend crucially on the associated financial and political institutions. Policymakers and financial professionals will find this book extremely informative; they should heed its warnings about the impact of introducing new deposit insurance systems."--Mark Flannery, Department of Finance, Graduate School of Business Administration, University of Florida -- Mark Flannery "The contributors to this book collectively provide a comprehensive survey of deposit insurance programs across the globe. These authors convincingly demonstrate that "deposit insurance" is neither a uniform product nor necessarily a positive influence on a country's financial sector. The effects of deposit insurance depend crucially on the associated financial and political institutions. Policymakers and financial professionals will find this book extremely informative; they should heed its warnings about the impact of introducing new deposit insurance systems." Mark Flannery , Department of Finance, Graduate School of Business Administration, University of Florida