Electronic Funds Transfers and Payments: The Public Policy Issues

Money, Now and Future.- Modern Money.- Payments and the Economic Transaction Chain.- Telecommunications Policy Issues: The New Money Delivery Modes.- Electronic Payments Systems Links and Risks.- Payments System Risk, Market Failure, and Public Policy.- International Payments and EFT Links.- Macroeconomic Policy Updated.- Monetary Rules and Control in Brave New World.- Monetary Modeling in a World of Financial Innovation.- Microeconomic Issues: Banks and Consumers.- The New Money and the Old Monopoly Problem.- EFT: A Consumer's View.