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Finance and Credit
 

Interbanking payment systems in the conditions of developing global economy

Vol. 18, Iss. 24, JUNE 2012

Available online: 25 June 2012

Subject Heading: MONETARY CIRCULATION

JEL Classification: 

Ushanov P.V. PhD in Economics, Associate Professor of department "Economics and Crisis Management", the Financial University under the Government of the Russian Federation
ushanov@list.ru

In the article the evolution of the commodity-money relations which in the conditions of scientific and technical progress led to emergence of a specific social organism - networks on management of debts of participants of the market relations, payment systems is analyzed. The mechanism of crisis management by payment systems from the international and national regulators, and also prospect of its development in the Russian Federation is presented.

Keywords: payment systems, money, payment function, Bank of Russia, key principles, innovative economy

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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