Payment Systems and Financial Stability Relationship: The Case of G-20 Countries
Muhasebe ve Finansman DergisiMuhasebe ve Finansman Dergisi No. 1062024-10-23
Parlak, Asim Alpay, Çinko, Levent
Özet
Both in the definitions of central banks regarding financial stability and in the literature, the "resilience of payment systems" is expressed as a component of "financial stability." Based on this, the study aims to determine whether there is a significant relationship between the resilience of payment systems and financial stability. In this regard, a Payment Systems Resilience Index (Index) was created using data from 17 countries, including Turkey, which are part of the G20 and also members of the Bank for International Settlements (BIS). The relationship between the…
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