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Payment systems, monetary policy, and the role of the central bank /

This book reflects the continuing and increasing interest of the IMF in payment system issues, from a public policy perspective. The book originated in a set of papers prepared for the information of the IMF Executive Board and staff. It provides a broad overview of the main policy and strategic iss...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Abrams, Richard K. (Autor), Destresse, Jean-Marc (Autor), Lybek, Tonny (Autor), Roberts, Nicholas M. (Autor), Swinburne, Mark (Autor)
Otros Autores: Johnson, Omotunde E. G. (Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, [1998]
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • ""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""
  • ""3 Payment Systems and Monetary Policy""""Central Banking and the Payment System""; ""Monetary Policy, Liquidity Management, and the Payment System""; ""Monetary Management and the Problem of Float""; ""4 Large-Value Transfer Systems: Risk and Credit""; ""Systemic Risks, Settlement Finality, and the Central Bank""; ""Risk Management in Funds Transfer Clearing and Settlement""; ""LVTSs: Net Versus Gross""; ""Central Bank Credit Policy for R T G S Systems""; ""Interday and Intraday Liquidity""; ""Potential Effect of Intraday Credit on Financial Markets""; ""Regulation of Private LVTSs""
  • ""Varieties of LVTSs""""5 Critical Issues in the Design and Management of Payment Systems""; ""Payment System and Social Efficiency""; ""Cost-Benefit Analysis and Rational Choice""; ""Path Dependence""; ""Domestic Organizational Aspects of Reform""; ""Other Public Policy Issues""; ""6 Some Aspects of Debit and Credit Transfers""; ""Credit and Debit Transfer Systems Contrasted""; ""Debit Transfers""; ""Credit Transfers""; ""Part III: Selected Countries""; ""7 Australia""; ""Overview of the Economic and Financial System""; ""Institutional and Organizational Framework""; ""Payment Instruments""
  • ""Clearing and Settlement Systems""""Role of the Central Bank""; ""Major Ongoing and Planned Payment System Projects""; ""8 France""; ""Overview of the Economic and Financial System""; ""Institutional and Organizational Framework""; ""Payment Instruments""; ""Clearing and Settlement Systems""; ""Role of the Central Bank""; ""Major Ongoing and Planned Payment System Projects""; ""9 Poland""; ""Overview of the Economic and Financial System""; ""Institutional and Organizational Framework""; ""Payment Instruments""; ""Clearing and Settlement Systems""; ""Role of the Central Bank""
  • ""Major Ongoing and Planned Payment System Projects""""10 Russia""; ""Overview of the Economic and Financial""; ""Institutional and Organizational Framework""; ""Payment Instruments""; ""Clearing and Settlement Systems""; ""Role of the Central""; ""Major Ongoing and Planned Payment System Projects""; ""11 Thailand""; ""Overview of the Economic and Financial System""; ""Institutional and Organizational Framework""; ""Payment Instruments""; ""Clearing and Settlement Systems""; ""Role of the Central Bank""; ""Major Ongoing and Planned Payment System Projects""; ""12 United States""