Deposit insurance : an economic perspective
Hong Kong Economic Papers
In the wake of the failure of BCCHK there has been a revival in public interest in the subject of deposit insurance in Hong Kong. In response to public demand the Government has now restudied the subject, for which it had long held the position that establishing any form of deposit was not in the public interest. It is the purpose of this paper to examine the various arguments for and against deposit insurance in the light of economic theory, and to present some recommendations in the light of this analysis.
Ho, L. S. (1992). Deposit insurance: An economic perspective. Hong Kong Economic Papers, 22, 21-33.