시장경제체제 전환 이후 몽골의 금융위기와 예금자 보호
Financial Crises and Depositor Protection since Mongolia's Transition to a Market Economy
0
조회
0
다운로드
2
인용
0
참고문헌
키워드
초록
본 연구에서는 사회주의경제에서 시장경제로 전환한 1990년 이후 몽골에서 발생한 3차례의 금융위기와 예금자 보호를 위한 대응조치를 살펴보고, 향후 위기 예방을 위한 몽골 금융시스템 개선과 효율적인 예금자 보호를 위한 정책방향을 제안하였다. 1990년 이후 몽골은 2차례의 은행위기와 한 번의 저축신용조합 위기를 겪었으며 이로 인한 예금자들의 손실은 몽골정부가 보상하였다. 특히, 최근 글로벌 금융위기의 여파로 발생한 2008년 은행위기에는 전액보호제도를 시행하여 도산은행 정리와 예금자 보호를 하였는데, 정부재정 부담 확대, 은행과 예금자의 도덕적 해이와 시장규율 훼손 같은 문제점들이 나타났다. 따라서 본 연구에서는 금융위기의 원인인 미흡한 금융감독체계 강화, 회계 및 공시제도 등 금융인프라의 개선, 거시경제 여건을 감안한 전액보호제도 폐지 및 효과적인 예금보험제도로서 부분보호제도 도입을 정책적 과제로 제시하였다.
Abstract
This study describes the three financial crises that have occurred in Mongolia since its transition from a socialist planned economy to a market economy in 1990 and what crisis management measures it took to protect depositors. And it also suggests policy tasks to prevent future financial crises and improve depositor protection. There have been two banking crises and one savings credit cooperatives (SCUs) crisis since 1990, in all of which the Mongolian government compensated the losses of depositors. Especially, the Mongolian government introduced a blanket guarantee scheme to provide protection to all depositors during the recent banking crisis in 2008 caused by the global financial crisis, which led to some adverse effects like a heavy fiscal burden, weakened market discipline and increasing moral hazard of bank managers and depositors, among others. This study suggests some policy tasks to enhance financial stability and depositor protection in Mongolia, like reinforcing the financial supervisory regime, improving the financial infrastructure for accounting and public disclosure, and smooth transition from a blanket guarantee to an effective limited deposit insurance system in Mongolia.
참고문헌 (16)
- 한국수출입은행 몽골, "금융산업의 발전현황과 위험요인. 해외경제·투자정보" (2009), 한국수출입은행
- Deposit Insurance Establishment, Technical Assistance Report, "Asian Development Bank", Manila:Philippines, ~, pp.Project Number 43074 (2009)
- Annual Report, "Bank of Mongolia", ~ (2009)
- Bank of Mongolia, "Monthly Statistical Bulletin", ~ (2010)
- Bank of Mongolia, "Quarterly Monetary and Financial Review. Fourth Quarter", ~ (2007)
- B. Enhhuyag, "Lessons from past ten years (1991-2001) of transition in the banking system of Mongolia and future objectives" (2002), Ulaanbaatar: Mongolia
- Financial Stability Forum, "Guidance for Developing Effective Deposit Insurance Systems" (2001), Basel: Switzerland
- Deposit Insurance, Moral Hazard and Market Monitoring, "Gropp, R", ~, pp.ECB Working Paper No. 302 (2004)
- Financial Sector Reforms in Mongolia. Economic Development Institute of the World Bank, "Hongjoo Hahm", EDI, ~ (1998)
- Transitioning from a blanket guarantee or extended to a limited coverage, "International Association of Deposit Insurers", ~ (2010)
- IADI, "Core Principles for Effective Deposit Insurance Systems Methodology" (2010)
- IADI, "Update on Unwinding Deposit Insurance Arrangements" (2010)
- Ulziibat, Battulga, "Mongolia in Twin Crises" (2009), mimeo, Columbia University
- World Bank, "Mongolian Economic Retrospective" (2010)
- World Bank, "Mongolia Quarterly Economic Update" (2011)
- World Bank, "Mongolia Quarterly Brief" (2010)