Stojanovic, Aleksandar (2001) E-money in transitional economies. Comparative Economic Studies, 43 (1). pp. 101-118. ISSN 0888-7233 (Print), 0888-7233 (Online) (doi:10.1057/ces.2001.5)

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Abstract

This paper analyses opportunities and threats for Countries in Transition (CIT), and for other developing countries, brought about by the electronic money (e-money) and other electronic retail payments systems developments. The strengths and weaknesses of CIT financial systems, in respect of the new payment technologies, are also assessed. The study looks at retail payment systems and importance of cash in CIT, and identifies general business and public policy implications of e-money. It is argued that the new payment instruments, and e-money in particular, can contribute to cash substitution and development of more efficient payment and banking systems practice in CIT, and indeed other developing countries, and inspire competition among financial intermediaries.

Item Type:	Article
Uncontrolled Keywords:	E-money, transitional economies
Subjects:	H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group:	Faculty of Business > Department of Accounting & Finance
Related URLs:	Publisher Organisation
Last Modified:	14 Oct 2016 09:16
URI:	http://gala.gre.ac.uk/id/eprint/6390

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