Jump to ContentJump to Main Navigation
Deposit Insurance around the WorldIssues of Design and Implementation$
Users without a subscription are not able to see the full content.

Asli Demirguc-Kunt, Edward J. Kane, and Luc Laeven

Print publication date: 2008

Print ISBN-13: 9780262042543

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262042543.001.0001

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 19 May 2022

The EU Deposit Insurance Directive: Does One Size Fit All?

The EU Deposit Insurance Directive: Does One Size Fit All?

(p.253) 7 The EU Deposit Insurance Directive: Does One Size Fit All?
Deposit Insurance around the World

Harry Huizinga

The MIT Press

This chapter focuses on and evaluates the EU Directive and questions the harmonization of deposit insurance policies on an international scale. EU member states are obligated to adopt explicit deposit insurance to retain membership. The chapter then questions the effectiveness of this directive and if it would also be best applied not just for adopting countries, but for other countries as well. The main features of deposit insurance policies are described in the chapter, as well as the international aspects of it. It asks if harmonization of deposit insurance policies is beneficial on an international scale and if national deposit insurance policies contain international ramifications. The directive may have eliminated competitive advantages for early adopters of deposit insurance; however the high coverage of 20,000 euros may lead to reduced financial stability and high fiscal costs.

Keywords:   harmonization, deposit insurance policies, EU Directive, explicit deposit insurance, EU member states, European Union

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.