Payment Systems in the Financial Markets

by Marco Rossi

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.

• Format: Hardcover
• Language: English
• ISBN: 0333695771
• ISBN13: 9780333695777
• Release Date: April 1998
• Publisher: Palgrave MacMillan
• Length: 152 Pages
• Weight: 0.92 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"