Modernizing Payment Systems In Emerging Economies

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Modernizing Payment Systems In Emerging Economies

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Author : Robert Listfield
language : en
Publisher: World Bank Publications
Release Date : 1994

Modernizing Payment Systems In Emerging Economies written by Robert Listfield and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Banks and Banking categories.

Modernizing Payment Systems In Emerging Economies

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Author : Robert Listfield
language : en
Publisher:
Release Date : 2016

Modernizing Payment Systems In Emerging Economies written by Robert Listfield and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.

The authors address the following questions in this overview of payment systems: What is a payment system? How can efficient systems contribute to the development of modern, market-based financial institutions and markets? What elements are necessary for payment systems to operate efficiently? What are the operational characteristics of a modern payment system? What is the World Bank approach to selected payment system initiatives, design, and development? Effective, efficient payment systems, they conclude, are vital for the economic development of emerging economies. Efficient payment systems help promote the development of commerce, enhance economic policy oversight, control the risk inherent in moving large values, and reduce the financial, capital and human resources devoted to the transfer of payments. Many emerging economies lack the financial and technical resources to develop such systems. Many turn technical resources to develop such systems. Many turn to the World Bank and other international agencies for assistance. Unfortunately, some believe that the entire solution for an effective payment system rests in obtaining modern computer hardware and believe the World Bank`s sole contribution is to finance hardware costs. Hardware procurement alone will not solve problems of payment systems. These countries need organizational plans and structure for national payment systems before they spend money on computer equipment. They often lack the expertise to design and operate modern payment systems, so they may need technical assistance from financial experts before they invest in systems development. The design of a new payment system should be kept simple. Many emerging economies lack the infrastructure and banking sophistication to leapfrog from basic to state-of-the-art payment systems. The first task is to fix the most serious problems. The second is to upgrade the current systems incrementally, to meet basic standards of timeliness, security, and reliability. As these improvements are made, the countries can turn their attention to long-term, advanced solutions. Each country`s payments system is unique. To simply import another country`s system without adjusting for the target country`s geography, infrastructure, banking and legal structures, culture, and needs could lead to suboptimal solutions. Development of the system should follow a disciplined plan for defining the needs of users and for organizing the project team and project goals.

Payment Systems In Developing Countries

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Author : Andrew Sheng
language : en
Publisher:
Release Date : 1995

Payment Systems In Developing Countries written by Andrew Sheng and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Check collection systems categories.

Reforming Payments And Securities Settlement Systems In Latin America And The Caribbean

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Author : Massimo Cirasino
language : en
Publisher: World Bank Publications
Release Date : 2007

Reforming Payments And Securities Settlement Systems In Latin America And The Caribbean written by Massimo Cirasino and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.

This book extracts the main lessons and experiences of the Western Hemisphere Payments and Securities Clearance and Settlement Initiative (WHI), describing trends in payments and securities settlement systems worldwide and assessing Latin American and Caribbean systems in relation to international standards and best practices.--[book cover].

Payment Systems Research Bibliography

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Author :
language : en
Publisher:
Release Date : 2000

Payment Systems Research Bibliography written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Payment categories.

The Philippine Payment System

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Author : Mario B. Lamberte
language : en
Publisher:
Release Date : 2002

The Philippine Payment System written by Mario B. Lamberte and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Clearinghouses (Banking) categories.

The Evolution Of Payments In Europe Japan And The U S

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Author : David B. Humphrey
language : en
Publisher:
Release Date : 1996

The Evolution Of Payments In Europe Japan And The U S written by David B. Humphrey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Payment categories.

World Bank Group Publications Catalog

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Author : World Bank Group
language : en
Publisher:
Release Date : 1999

World Bank Group Publications Catalog written by World Bank Group and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Developing countries categories.

Role Of Payment And Settlement Systems In Monetary Policy And Financial Stability

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Author : Aloysius Donanto H. Wibowo
language : en
Publisher:
Release Date : 2013

Role Of Payment And Settlement Systems In Monetary Policy And Financial Stability written by Aloysius Donanto H. Wibowo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Banks and banking, Central categories.

Catalog Of Publications

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Author : World Bank Group
language : en
Publisher:
Release Date : 2000

Catalog Of Publications written by World Bank Group and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Developing countries categories.

Complete current catalog of all print and online journals and monographs.