Evolution of Deposit Guarantee System in Ukraine Towards Global Standards: Macroprudential Aspect

Author:

Danylenko Andryi1

Affiliation:

1. National Bank of Ukraine

Abstract

The article proposes some changes to deposit guarantee system in Ukraine, which can boost its contribution to national financial stability. The proposals are underpinned by analysis of evolution of international research and practice on building efficient deposit guarantee schemes in Europe and globally. They also take into account the current post-crisis situation and challenges for the deposit guarantee system in Ukraine.

Publisher

National Bank of Ukraine

Reference32 articles.

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2. Berger, G.S. (1994). Reforming deposit insurance and the regulatory system: the failure of the middle way. Cato Journal, 14(2), 221-241. Retrieved from https://www.cato.org/sites/cato.org/files/serials/files/cato-journal/1994/11/cj14n2-4.pdf

3. Buser, S., Chen, A., Kane, E.J. (1981). Federal deposit insurance, regulatory policy, and optimal bank capital. Journal of Finance, 36(1), 51-60. https://doi.org/10.1111/j.1540-6261.1981.tb03534.x

4. Calomiris, Ch. W. (1996). Building an incentive-compatible safety net: special problems for developing countries. Columbia University.

5. Chari, V. V., Jagannathan, R. (1988). Banking panics, information, and rational expectations equilibrium. Journal of Finance, 43(3), 749-761. https://doi.org/10.1111/j.1540-6261.1988.tb04606.x

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