05639oam 22014294 450 991082687520332120240410162742.01-4623-9923-11-4527-7334-31-283-51519-997866138276471-4519-0930-6(CKB)3360000000443692(EBL)3014479(SSID)ssj0000939908(PQKBManifestationID)11523025(PQKBTitleCode)TC0000939908(PQKBWorkID)10956161(PQKB)10783200(OCoLC)694141154(IMF)WPIEE2006217(MiAaPQ)EBC3014479(EXLCZ)99336000000044369220020129d2006 uf 0engur|n|---|||||txtccrThe Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks /Nicolas Blancher, François Haas, John Kiff, Oksana Khadarina, Paul Mills, Parmeshwar Ramlogan, William Lee, Yoon Sook Kim, Todd Groome, Shinobu Nakagawa1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (50 p.)IMF Working Papers"September 2006".1-4518-6477-9 Includes bibliographical references.""Contents""; ""Executive Summary""; ""I. INTRODUCTION""; ""II. LONG- TERM SYSTEMIC RISKS""; ""III. INNOVATIONS IN RISK TRANSFER MARKETS""; ""IV. INCOMPLETE MARKETS""; ""V. POLICY CONSIDERATIONS""; ""VI. CONCLUSIONS""; ""References""The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either nascent or nonexistent. As such, the paper investigates why these markets remain "incomplete." It also explores a range of options by which policymakers may encourage the development of these markets as part of governments' role as a risk manager.IMF Working Papers; Working Paper ;No. 2006/217FinanceRisk managementFinancial institutionsRisk managementInsuranceState supervisionRisk managementGovernment policyBanks and BankingimfInsuranceimfPublic FinanceimfIndustries: Financial ServicesimfHealth PolicyimfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfInsurance CompaniesimfActuarial StudiesimfFinancing PolicyimfFinancial Risk and Risk ManagementimfCapital and Ownership StructureimfValue of FirmsimfGoodwillimfNational Government Expenditures and HealthimfAnalysis of Health Care MarketsimfFinanceimfInsurance & actuarial studiesimfFinancial services law & regulationimfPublic finance & taxationimfHealth systems & servicesimfInsurance companiesimfMarket riskimfHealth care spendingimfHealth careimfFinancial risk managementimfExpenditures, PublicimfMedical careimfUnited StatesimfFinanceRisk management.Financial institutionsRisk management.InsuranceState supervision.Risk managementGovernment policy.Banks and BankingInsurancePublic FinanceIndustries: Financial ServicesHealth PolicyPension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsInsurance CompaniesActuarial StudiesFinancing PolicyFinancial Risk and Risk ManagementCapital and Ownership StructureValue of FirmsGoodwillNational Government Expenditures and HealthAnalysis of Health Care MarketsFinanceInsurance & actuarial studiesFinancial services law & regulationPublic finance & taxationHealth systems & servicesInsurance companiesMarket riskHealth care spendingHealth careFinancial risk managementExpenditures, PublicMedical careBlancher Nicolas1697130Haas François1697131Kiff John1681925Khadarina Oksana1697132Mills Paul1697133Ramlogan Parmeshwar1697134Lee William522051International Monetary Fund.International Capital Markets Dept.DcWaIMFBOOK9910826875203321The Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks4077601UNINA