This paper aims to examine the evolution of the Italian payment system in the last decades, with reference to the institutional, economic, financial, and regulatory aspects. A proper and well-functioning payment system is an essential condition to ensure a stable and efficient financial system, well-functioning financial markets, and an effective monetary policy. The Italian payment system has evolved to higher levels of efficiency and efficacy, in a perspective of a progressive cooperation and harmonization that aims to develop an integrated European payment system.
|Number of pages||31|
|Journal||ANNALI DELLA FACOLTÀ DI ECONOMIA. UNIVERSITÀ DI PALERMO|
|Publication status||Published - 2019|