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.