PART II The Central Bank and the Payment System
Author:
Mr. D. F. I. Folkerts-Landau https://isni.org/isni/0000000404811396 International Monetary Fund

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Language:
English
Print Publication Date:
15 Jun 1994
Keywords:
BOOK; bank; central bank; firm; market; payment; bank privatization; payment system; bank supervisor; restructuring program; bank portfolio; Commercial banks; Credit; Payment systems; Stock markets; Distressed assets; Eastern Europe; Central and Eastern Europe; Europe; North America; Western Europe

Abstract

A payment system capable of speedy settlement of transactions in goods, services, and basic securities is a linchpin of a functioning market economy. Measures to ensure the integrity of the payment mechanism and eliminate long and uncertain delays in settlement are therefore an essential part of financial system reform in formerly centrally planned economies.2

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Cover Building Sound Finance in Emerging Market Economies
Building Sound Finance in Emerging Market Economies
Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
ISBN:
9781557753809
Publication Date:
15 Jun 1994
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557753809.071
Pages:
371