Payment Systems in the Financial Markets

Rossi, Marco

The payment system is one of the mechanisms essential to the working of an exchange economy. Over the last decade, central banks have been determined to improve their payment systems to harmonise and reduce risk, and in Europe to anticipate their future interconnection in the TARGET system. This book provides the analytic framework for an informed policy debate on the implications for monetary policy.

Details

Published by: Palgrave Macmillan

Publication Date: 1998-04-08

Format: Hardcover

ISBN-13: 9780333695777

DOI: 10.1007/978-1-349-26374-5

Dimensions: 235cm x155cm

Pages: 152