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  • 标题:THE RELATIONSHIP BETWEEN ELECTRONIC MONEY AND FREE BANKING
  • 本地全文:下载
  • 作者:Dumiter Florin ; Cornel, Boglea Vanina ; Adoriana
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2008
  • 卷号:XVII
  • 期号:03
  • 页码:743-748
  • 出版社:University of Oradea
  • 摘要:This paper is focused on the relationship between e – money and free banking percepts. The discussion details how e – money helps to address three main aspects of the free banking debate: the lender of last resort function, currency backing and multiplicity of currencies. In this article we have focus on possible implication for the future central banking, rather than predicting radical change to the current monetary policy framework. If the incumbent central banks could be let to behave in a way, which would make their currencies as attractive as those, produced by the private sector, the benefits of the free banking system may be attained even without displacing current institution or currencies.
  • 关键词:

    free banking, account based electronic payment systems, e-money, currency backing, multiplicity of currencies.

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