• What we do
  • The People
  • About Us
  • Why Innovation Africa
  • Contact Us
Innovation AfricaCreating the Future Today
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
Menu
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
  • Building deposit insurance systems in developing countries

    July 12, 2017 Editor 0

    Deposit insurance systems (DIS) play a key role in building confidence among depositors and helping keep their money safe. However, deposit insurance should never be considered a “magic bullet,” a “quick fix” or a stand-alone solution to maintain financial stability.

    The 2008 global financial crisis created a crisis of confidence in banking systems around the world. As a response, the number of countries with deposit insurance systems quickly shot up from 84 (in 2003) to 125 (in 2016). For the existing DIS, this period tested their design and effectiveness.

    Over the past decade, the FIRST Initiative has funded 16 projects across the globe to assist in strengthening existing deposit insurance systems or establishing new ones. Drawing from these experiences, we recently published a Lessons Learned Note on the Challenges in Building Effective Deposit Insurance Systems in Developing Countries. The note provides seven lessons learned from our work across the six World Bank regions and provides a number of specific country examples.

    The note provides insights to better understand: (1) the role of a DIS, (2) how to design an appropriate framework and (3) keys to effective implementation and operations.

    Go to Source

    Related Posts

    • Can ‘fintech’ innovations impact financial inclusion in developing countries?Can ‘fintech’ innovations impact financial inclusion in developing countries?
    • Human Capital as Source of Innovativeness in Subsistence Small BusinessesHuman Capital as Source of Innovativeness in Subsistence Small Businesses
    • Six Things You Need to Know About Crowdfunding in Developing CountriesSix Things You Need to Know About Crowdfunding in Developing Countries
    • Want to support enterprise development in developing countries? Think about the other salient factors. An investigation of Zimbabwe and Pacific Island countriesWant to support enterprise development in developing countries? Think about the other salient factors. An investigation of Zimbabwe and Pacific Island countries
    • 5 Unanswered Questions on Expanding Digital Economies in Developing Countries5 Unanswered Questions on Expanding Digital Economies in Developing Countries
    • Beekeeping innovation for sustaining rural livelihoods. A success storyBeekeeping innovation for sustaining rural livelihoods. A success story
    Sovrn
    Share

    Categories: Finance, World Bank PSD

    Tags: developing countries, insurance systems

    Does institutional context matter in building innovation capability? Defining social entrepreneurship: a Schumpeterian non-solution

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

Subscribe to our stories


 

Recent Posts

  • Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises December 30, 2021
  • The Strategic Role of Design in Driving Digital Innovation June 10, 2021
  • Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
  • BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
  • COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021

Categories

Archives

Popular Post-All time

  • A review on biomass-based... 1k views
  • Apply Now: $500,000 for Y... 798 views
  • Can blockchain disrupt ge... 797 views
  • Test Your Value Propositi... 749 views
  • Prize-winning projects pr... 722 views

Recent Posts

  • Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises
  • The Strategic Role of Design in Driving Digital Innovation
  • Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control
  • BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems
  • COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa
  • Explicit knowledge networks and their relationship with productivity in SMEs
  • Intellectual property issues in artificial intelligence: specific reference to the service sector
  • Africa RISING publishes a livestock feed and forage production manual for Ethiopia
  • Transforming crop residues into a precious feed resource for small ruminants in northern Ghana
  • Photo report: West Africa project partners cap off 2020 with farmers field day events in Northern Ghana and Southern Mali

Tag Cloud

    africa African Agriculture Business Business model Business_Finance Company Crowdsourcing data Development East Africa economics Education Entrepreneur entrepreneurs Entrepreneurship ethiopia ghana Health_Medical_Pharma ict Information technology Innovation kenya knowledge Knowledge Management Leadership marketing mobile Mobile phone nigeria Open innovation Organization Research rwanda science Science and technology studies social enterprise social entrepreneurship south africa Strategic management strategy tanzania Technology Technology_Internet uganda

Categories

Archives

  • A review on biomass-based hydrogen production for renewable energy supply 1k views
  • Apply Now: $500,000 for Your Big Data Innovations in Agriculture 798 views
  • Can blockchain disrupt gender inequality? 797 views
  • Test Your Value Proposition: Supercharge Lean Startup and CustDev Principles 749 views
  • Prize-winning projects promote healthier eating, smarter crop investments 722 views

Copyright © 2005-2020 Innovation Africa Theme created by PWT. Powered by WordPress.org