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...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Folkerts-Landau, D.
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1997.
Serier:IMF Working Papers; Working Paper ; No. 1997/154
Online adgang:Full text available on IMF