LEADER 05639oam 22014294 450 001 9910826875203321 005 20240410162742.0 010 $a1-4623-9923-1 010 $a1-4527-7334-3 010 $a1-283-51519-9 010 $a9786613827647 010 $a1-4519-0930-6 035 $a(CKB)3360000000443692 035 $a(EBL)3014479 035 $a(SSID)ssj0000939908 035 $a(PQKBManifestationID)11523025 035 $a(PQKBTitleCode)TC0000939908 035 $a(PQKBWorkID)10956161 035 $a(PQKB)10783200 035 $a(OCoLC)694141154 035 $a(IMF)WPIEE2006217 035 $a(MiAaPQ)EBC3014479 035 $a(EXLCZ)993360000000443692 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks /$fNicolas Blancher, François Haas, John Kiff, Oksana Khadarina, Paul Mills, Parmeshwar Ramlogan, William Lee, Yoon Sook Kim, Todd Groome, Shinobu Nakagawa 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (50 p.) 225 1 $aIMF Working Papers 300 $a"September 2006". 311 $a1-4518-6477-9 320 $aIncludes bibliographical references. 327 $a""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"" 330 3 $aThe paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either nascent or nonexistent. As such, the paper investigates why these markets remain "incomplete." It also explores a range of options by which policymakers may encourage the development of these markets as part of governments' role as a risk manager. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/217 606 $aFinance$xRisk management 606 $aFinancial institutions$xRisk management 606 $aInsurance$xState supervision 606 $aRisk management$xGovernment policy 606 $aBanks and Banking$2imf 606 $aInsurance$2imf 606 $aPublic Finance$2imf 606 $aIndustries: Financial Services$2imf 606 $aHealth Policy$2imf 606 $aPension Funds$2imf 606 $aNon-bank Financial Institutions$2imf 606 $aFinancial Instruments$2imf 606 $aInstitutional Investors$2imf 606 $aInsurance Companies$2imf 606 $aActuarial Studies$2imf 606 $aFinancing Policy$2imf 606 $aFinancial Risk and Risk Management$2imf 606 $aCapital and Ownership Structure$2imf 606 $aValue of Firms$2imf 606 $aGoodwill$2imf 606 $aNational Government Expenditures and Health$2imf 606 $aAnalysis of Health Care Markets$2imf 606 $aFinance$2imf 606 $aInsurance & actuarial studies$2imf 606 $aFinancial services law & regulation$2imf 606 $aPublic finance & taxation$2imf 606 $aHealth systems & services$2imf 606 $aInsurance companies$2imf 606 $aMarket risk$2imf 606 $aHealth care spending$2imf 606 $aHealth care$2imf 606 $aFinancial risk management$2imf 606 $aExpenditures, Public$2imf 606 $aMedical care$2imf 607 $aUnited States$2imf 615 0$aFinance$xRisk management. 615 0$aFinancial institutions$xRisk management. 615 0$aInsurance$xState supervision. 615 0$aRisk management$xGovernment policy. 615 7$aBanks and Banking 615 7$aInsurance 615 7$aPublic Finance 615 7$aIndustries: Financial Services 615 7$aHealth Policy 615 7$aPension Funds 615 7$aNon-bank Financial Institutions 615 7$aFinancial Instruments 615 7$aInstitutional Investors 615 7$aInsurance Companies 615 7$aActuarial Studies 615 7$aFinancing Policy 615 7$aFinancial Risk and Risk Management 615 7$aCapital and Ownership Structure 615 7$aValue of Firms 615 7$aGoodwill 615 7$aNational Government Expenditures and Health 615 7$aAnalysis of Health Care Markets 615 7$aFinance 615 7$aInsurance & actuarial studies 615 7$aFinancial services law & regulation 615 7$aPublic finance & taxation 615 7$aHealth systems & services 615 7$aInsurance companies 615 7$aMarket risk 615 7$aHealth care spending 615 7$aHealth care 615 7$aFinancial risk management 615 7$aExpenditures, Public 615 7$aMedical care 700 $aBlancher$b Nicolas$01697130 701 $aHaas$b François$01697131 701 $aKiff$b John$01681925 701 $aKhadarina$b Oksana$01697132 701 $aMills$b Paul$01697133 701 $aRamlogan$b Parmeshwar$01697134 701 $aLee$b William$0522051 712 02$aInternational Monetary Fund.$bInternational Capital Markets Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910826875203321 996 $aThe Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks$94077601 997 $aUNINA