IDEAS home Printed from https://ideas.repec.org/a/wly/finmar/v15y2006i1p1-55.html
   My bibliography  Save this article

Deposit Insurance, Banking Reform, and Financial Sector Development in Several Nations of Southeastern Europe

Author

Listed:
  • Neil B. Murphy

Abstract

Deposit insurance has spread to many sections of the world. In the newly formed nations of the former Yugoslavia, this has occurred under conditions of post‐conflict reconstruction, hyperinflation, and several different governmental structures. Three cases are examined; Bosnia and Herzegovina, Croatia, and Serbia and Montenegro. They all have developed deposit insurance programs. The implementation process was compared to “best practice” recommendations. It is found that the situation in Bosnia and Herzegovina was difficult due to the fractured nature of the Dayton Accord government structure on the one hand but easier to the strong international presence supporting required actions. In the case of Croatia, a unified state emerged from the war, but it was somewhat isolated. Its bank restructuring was costly, and a fragmented deposit insurance program was introduced in the middle of a banking crisis. In the case of Serbia and Montenegro, the bank restructuring process is still underway, and implementation of a functioning deposit insurance program properly awaits its completion.

Suggested Citation

  • Neil B. Murphy, 2006. "Deposit Insurance, Banking Reform, and Financial Sector Development in Several Nations of Southeastern Europe," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 15(1), pages 1-55, February.
    • Handle: RePEc:wly:finmar:v:15:y:2006:i:1:p:1-55
    DOI: 10.1111/j.0963-8008.2006.00113.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.0963-8008.2006.00113.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.0963-8008.2006.00113.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:finmar:v:15:y:2006:i:1:p:1-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.