Wholesale Payments and Financial Discipline, Efficiency, and Liquidity /

Properly designed wholesale payments system can make a significant contribution to enhancing market discipline in the financial sector, reducing the risk of systemic disturbance and permitting a less extensive safety net for financial institutions. The objective of these reforms has been to achieve...

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Hlavní autor: Folkerts-Landau, D.
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1997.
Edice:IMF Working Papers; Working Paper ; No. 1997/154
On-line přístup:Full text available on IMF