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Payment Systems in the Financial Markets

Payment Systems in the Financial Markets

Hardcover

AccountingEconomicsInvesting & Finance

ISBN10: 0333695771
ISBN13: 9780333695777
Publisher: Palgrave MacMillan
Published: Apr 8 1998
Pages: 152
Weight: 0.92
Height: 0.44 Width: 6.14 Depth: 9.21
Language: English
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.

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Economics