E-Money Development Within Contemporary Economies
Development is the upward directional movement of society from lesser togreater levels of energy, efficiency, quality, productivity, complexity, comprehension,creativity, enjoyment and accomplishment. These attributes are both the means for achievingdevelopment as well as its most characteristic expressions or results. Money has played a parallel role at the social level as a medium for urbanization,multiplying economic activities by several orders of magnitude. The forms money has takenon over centuries have always been closely connected with the technological developments inthe economy. As simple economies evolved into more complicated economies, money hasalways adapted to the different economic circumstances. With respect to the latest innovationsin the computer industry a new form of money has evolved: e-money.
Volume (Year): 2 (2008)
Issue (Month): 10 ()
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References listed on IDEAS
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- Friedman, Benjamin M, 1999. "The Future of Monetary Policy: The Central Bank as an Army with Only a Signal Corps?," International Finance, Wiley Blackwell, vol. 2(3), pages 321-38, November.
- Berentsen, Aleksander, 1998.
"Monetary Policy Implications of Digital Money,"
Wiley Blackwell, vol. 51(1), pages 89-117.
- Benjamin M. Friedman, 1999. "The Future of Monetary Policy: The Central Bank as an Army With Only a Signal Corps," NBER Working Papers 7420, National Bureau of Economic Research, Inc.
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