Managing Payment System Risk During the Transition From a Centrally Planned to a Market Economy

Managing Payment System Risk During the Transition From a Centrally Planned to a Market Economy
The objectives and functions of payments systems in centrally planned economies are described and analyzed. These are compared to those of payments systems in market economies and to the characteristics of an ideal payments system. The dominant role of the state in the centrally planned economies meant that the state underwrote virtually all... READ MORE...

Publication date: November 1992
ISBN 9781451851762
$15.00

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