Payment Systems, Monetary Policy and the Role of the Central Bank
Summary:
A payment system encompasses a set of instruments and means generally acceptable in making payments; the institutional and organizational framework governing such payments, including prudential regulation; and the operating procedures and communications network used to initiate and transmit payment information from payer to payee and to settle payments. This book, by Omotunde E.G. Johnson, with Richard K. Abrams, Jean-Marc Destresse, Tony Lybek, Nicholas Roberts, and Mark Swinburne, identifies main policy and strategic issues in payment system reform, describes the structure of payment systems in selected countries, highlights areas of consensus, and suggests the direction for future policy analysis.
Series:
Books
Subject:
Banking Commercial banks Correspondent banking Credit Financial institutions Financial markets Financial services Money Payment systems Real time gross settlement systems
English
Publication Date:
March 18, 1998
ISBN/ISSN:
9781557756268
Stock No:
PSMPEA0000000
Pages:
275
Please address any questions about this title to publications@imf.org