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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.
Autor: Rossi, Marco
ISBN: 9780333695777
Sprache: Englisch
Seitenzahl: 152
Produktart: Gebunden
Verlag: Palgrave Macmillan UK
Veröffentlicht: 08.04.1998
Schlagworte: banking central bank economy financial market financial markets liquidity monetary policy