European Parliament Library

Payment Systems, Monetary Policy and the Role of the Central Bank, Omotunde Johnson, Jean-Marc Destresse, Nicholas Roberts, Mark Swinburne, Tonny Lybek, Richard Abrams

Abstract
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
Table Of Contents
""Contents""; ""Foreword""; ""Preface""; ""Acknowledgments""; ""List of Abbreviations""; ""Part I: Overview""; ""1 Recent Initiatives in Payment System Policy""; ""Industrial Countries""; ""Middle- and Low-Income Countries""; ""Economies in Transition""; ""2 International Aspects of Reform""; ""Characteristics of Cross-Border Arrangements""; ""Risks, Risk Control, and Reducing Settlement Risk in Foreign Exchange Transactions""; ""Cooperative Approach in Cross-Border Payments: Industrial Countries""; ""Other Cooperative Structures""; ""Role of the IMF""; ""Part II: Major Policy Issues""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (273 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613847898

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