05838oam 22015134 450 991097515190332120250426110748.0978661382764797814623992391462399231978145277334614527733439781283515191128351519997814519093021451909306(CKB)3360000000443692(EBL)3014479(SSID)ssj0000939908(PQKBManifestationID)11523025(PQKBTitleCode)TC0000939908(PQKBWorkID)10956161(PQKB)10783200(OCoLC)694141154(IMF)WPIEE2006217(MiAaPQ)EBC3014479(IMF)WPIEA2006217WPIEA2006217(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".9781451864779 1451864779 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 policyActuarial StudiesimfAnalysis of Health Care MarketsimfBanks and BankingimfCapital and Ownership StructureimfExpenditures, PublicimfFinanceimfFinancial InstrumentsimfFinancial Risk and Risk ManagementimfFinancial risk managementimfFinancial services law & regulationimfFinancing PolicyimfGoodwillimfHealth care spendingimfHealth careimfHealth PolicyimfHealth systems & servicesimfIndustries: Financial ServicesimfInstitutional InvestorsimfInsurance & actuarial studiesimfInsurance CompaniesimfInsurance companiesimfInsuranceimfMarket riskimfMedical careimfNational Government Expenditures and HealthimfNon-bank Financial InstitutionsimfPension FundsimfPublic finance & taxationimfPublic FinanceimfValue of FirmsimfUnited StatesimfFinanceRisk management.Financial institutionsRisk management.InsuranceState supervision.Risk managementGovernment policy.Actuarial StudiesAnalysis of Health Care MarketsBanks and BankingCapital and Ownership StructureExpenditures, PublicFinanceFinancial InstrumentsFinancial Risk and Risk ManagementFinancial risk managementFinancial services law & regulationFinancing PolicyGoodwillHealth care spendingHealth careHealth PolicyHealth systems & servicesIndustries: Financial ServicesInstitutional InvestorsInsurance & actuarial studiesInsurance CompaniesInsurance companiesInsuranceMarket riskMedical careNational Government Expenditures and HealthNon-bank Financial InstitutionsPension FundsPublic finance & taxationPublic FinanceValue of FirmsBlancher Nicolas1815946Haas François1815947Khadarina Oksana1815948Kiff John1815661Lee William522051Mills Paul1815949Ramlogan Parmeshwar1815950International Monetary Fund.International Capital Markets Dept.DcWaIMFBOOK9910975151903321The Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks4371580UNINA