IDEAS home Printed from https://ideas.repec.org/a/inm/orinte/v2y1972i3p21-24.html
   My bibliography  Save this article

World-Wide On-Line Central Banking in the Late 70's ... Can a Babylonian Confusion of Tongues Be Forestalled?

Author

Listed:
  • Sten Thore

    (The Norwegian School of Economics and Business Administration)

Abstract

The difficult problem of interface is typically not one of inward interface but one of outward interface. The data processing system for a given industrial corporation may be beautifully designed, but there may arise large problems of extending it to incorporate the activities of a newly acquired subsidiary already having a data solution of its own. A national on-line real-time hotel booking system may work well, but it just may not easily merge with a similar system in another country to form an international network.The present note describes the grave interface problems that seem to loom ahead in the field of on-line real-time central banking. The suggestion is put forward that the International Monetary Fund has a unique responsibility in preparing for interface between international payment networks of tomorrow.

Suggested Citation

  • Sten Thore, 1972. "World-Wide On-Line Central Banking in the Late 70's ... Can a Babylonian Confusion of Tongues Be Forestalled?," Interfaces, INFORMS, vol. 2(3), pages 21-24, May.
    • Handle: RePEc:inm:orinte:v:2:y:1972:i:3:p:21-24
    DOI: 10.1287/inte.2.3.21
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/inte.2.3.21
    Download Restriction: no
    File URL: https://libkey.io/10.1287/inte.2.3.21?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orinte:v:2:y:1972:i:3:p:21-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.