04375nam 22006255 450 991101177080332120250623130253.0981-9653-84-310.1007/978-981-96-5384-3(MiAaPQ)EBC32174560(Au-PeEL)EBL32174560(CKB)39436634500041(OCoLC)1525621929(DE-He213)978-981-96-5384-3(EXLCZ)993943663450004120250623d2025 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierBetween Payments and Credit An Introduction to the IOU Economy /by George Pantelopoulos1st ed. 2025.Singapore :Springer Nature Singapore :Imprint: Palgrave Macmillan,2025.1 online resource (364 pages)981-9653-83-5 Chapter 1: Introduction -- Chapter 2: Barter and commodity money -- Chapter 3: Non-deposit banking -- Chapter 4: Financial money -- Chapter 5: Financial money with central bank money -- Chapter 6: Correspondent banking – part 1 -- Chapter 7: Correspondent banking – part 2 -- Chapter 8: The central bank as the LOLR -- Chapter 9: The international monetary system – part 1 -- Chapter 10: The international monetary system – part 2 -- Chapter 11: Central bank digital currencies (CBDC) -- Chapter 12: The crypto-verse: terminologies and technologies -- Chapter 13: Unbacked crypto-assets and stablecoins.In unpacking credit relationships and payments over the past 1000 years in addition to how technological innovations are shifting the credit relationships/payments landscape – from barter, commodity money, single layered to dual-layered financial money systems and from CBDC to stablecoins – this book systematically explores the various techniques that have been introduced in an attempt to improve the organisation, efficiency and stability of the IOU economy as a way to mitigate or prevent the universal challenge of the IOU economy from binding. In doing so, the book first unpacks how credit relationships, payments and economic life have developed throughout history, and sheds light on how the adoption of various techniques have led to greater efficiencies in payments across time. In addition, the book also explores how technological innovations are shifting the credit relationships/payments landscape. Subsequently, the book demonstrates how the adoption of five major techniques have to a large extent mitigated (but not eliminated) the threat of the universal challenge of the IOU economy from arising. With this, the book also envisages that the adoption of systems of financial accounts provides a didactic framework for those who are interested in studying topics in credit relationships and payments at an intermediate/advanced level (e.g. masters level university students, academics etc.). George Pantelopoulos was awarded his PhD by the University of Newcastle, and currently teaches at the University of Newcastle. In 2023, George co-authored the text “Introduction to Payments and Financial Market Infrastructures” with Ulrich Bindseil (Director General of Payments and Market Infrastructures - European Central Bank). In addition to a series of publications in a number of highly ranked journals in the fields of both monetary and international economics, George has also published with the European Central Bank.MacroeconomicsEconomic historyFinancial services industryFinanceHistoryMacroeconomics and Monetary EconomicsEconomic HistoryFinancial ServicesFinancial HistoryMacroeconomics.Economic history.Financial services industry.Finance.History.Macroeconomics and Monetary Economics.Economic History.Financial Services.Financial History.332.709Pantelopoulos George1436306MiAaPQMiAaPQMiAaPQBOOK9911011770803321Between Payments and Credit4400396UNINA06767nam 22008054a 450 991096865800332120251117115342.01-280-08438-397866100843880-585-45822-710.1596/0-8213-4588-5(CKB)111087027991770(SSID)ssj0000085940(PQKBManifestationID)11112929(PQKBTitleCode)TC0000085940(PQKBWorkID)10024842(PQKB)10126910(MiAaPQ)EBC3050753(Au-PeEL)EBL3050753(CaPaEBR)ebr10070354(CaONFJC)MIL8438(OCoLC)52630696(The World Bank)00047736(US-djbf)12174629(BIP)46121713(BIP)6993864(EXLCZ)9911108702799177020000915d2001 uf 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierCommodity market reforms lessons of two decades /edited by Takamasa Akiyama ... [et al.]1st ed.Washington, D.C. World Bankc2001xii, 289 pages illustrations ;24 cmWorld Bank regional and sectoral studiesBibliographic Level Mode of Issuance: Monograph0-8213-4588-5 Includes bibliographical references and index.Intro -- Contents -- Contributors and Acknowledgments -- Foreword -- Introduction -- 1. Market Reforms: Lessons from Country and Commodity Experiences -- 2. Cocoa Market Reforms in West Africa -- 3. Coffee Market Liberalization since 1990 -- 4. Sugar Policy and Reform -- 5. Policy Reform Experience in Cotton Markets -- 6. Cereal Market Liberalization in Africa -- Data Appendix -- Index -- Figures -- 2.1 Market Shares of Cocoa-Producing Countries During 1997/98 -- 2.2 Constant and Current Cocoa Prices, 1950-98 -- 2.3 Marketing Costs and Taxes as a Percentage of the Selling Price, 1989 -- 2.4 Marketing Costs and Taxes as a Percentage of the Export Price, 1995 -- 2.5 Farmgate Prices as a Percentage of f.o.b. Prices in Early 1994-95 -- 2.6 Cocoa Producer Prices in West Africa, 1983-84 to 1997-98 -- 2.7 Producer Prices in West Africa as a Percentage of the World Price, 1983-84 to 1997-98 -- 2.8 Cocoa Producer Prices in Cameroon, 1993/94-1994/95 -- 2.9 Nominal and Real Producer Prices in Côte d'Ivoire, 1975/76-1997/98 -- 2.10 Distribution of Share in the ICCO Daily Price, 1983/84-1997/98 -- 2.11 Nominal and Real Cocoa Producer Prices in Nigeria, 1975/76-1997/98 -- 3.1 World Coffee Prices -- 3.2 India's Preliberalization Marketing Chain -- 3.3 India's Marketing System after Liberalization -- 3.4 Grower Price in India as a Percentage of Export Unit Value -- 3.5 India's Production and Exports -- 3.6 Uganda's Marketing System before Liberalization -- 3.7 Uganda's Marketing System after Liberalization -- 3.8 Development of Producer Prices in Uganda -- 3.9 Togo's Marketing System before Liberalization -- 3.10 Togo's Marketing System after Liberalization -- 3.11 Development of Producer Prices in Togo -- 3.12 Togo's Production and Exports -- 4.1 Average Share of World Sugar Production for Selected Countries, 1994-98.4.2 Net Trade in Sugar for Brazil, China, and India, 1976-96 -- 4.3 Sugar Quotas for Preferential Imports from African, Caribbean, and Pacific Group Countries -- 4.4 Sugar's Average Share of Total Merchandise Exports, Selected Countries, 1994-96 -- 4.5 Prices Paid by the Soviet Union for Cuban Sugar -- 4.6 Sugar Production Swings in Cuba, 1960-96 -- 6.1 Per Capita Cereals Production in Case Study Countries and in Africa as a Whole, 1980-98 -- Tables -- 2.1 Key Characteristics of Different Cocoa-Marketing and -Pricing Systems -- 4.1 Producer and Consumer Subsidy Equivalents for Sugar, 1982-92 -- 4.2 Results of Selected Studies on Sugar Trade Liberalization -- 4.3 Reductions in Sugar Export Subsidies Pledged during the Uruguay Round -- 4.4 Tariff Bindings for Raw Sugar Pledged under WTO Agreements -- 4.5. Tariff Bindings for Raw Sugar Pledged under WTO Agreements -- 4.6 Selected Policy Variables for the Mexican-U.S. Agreement on Sugar Trade -- 4.7 U.S. Sugar Quota Allocations, 1996-97 -- 5.5 Public Institutions Involved in Uganda's Cotton Industry -- 5.1 Cotton's Importance to Developing and Transition Economies, 1993-94 . . -- 5.2 World Cotton Production, Exports, and Yield Profiles, 1997-98 -- 5.3 Composition of the Cotlook A and B Indexes -- 5.4 Cotton Production and Area Planted in East Africa, 1990-98 -- 5.5 Public Institutions Involved in Uganda's Cotton Industry -- 5.6 Cotton Production and Area Planted in Selected West African Countries, 1990-98 -- 5.7 Grower Prices in Selected Developing Countries, 1989-90-1994-95 -- 5.8 Cotton Production, Area Planted, and Net Exports in Egypt, Mexico, Pakistan, and the United States, 1990-98 -- 6.1 Cereal Crop Production in Sub-Saharan Africa -- 6.2. Cereal Imports and Exports in Sub-Saharan Africa -- 6.3. The Cost of Shipping Maize from the United States to Lusaka, Zambia, 1995.6.4. Progress of Liberalization in Nine African Countries -- A6.1 Average Monthly Maize Wholesale Price in Dar es Salaam, 1993-94 to 1995-96, Highs and Lows.This text discusses the prevalent process of commodity market reform in the specific context of cocoa, coffee, cotton, grains and sugar markets, and provides lessons by selectively drawing on cross-country experience in those markets.World Bank regional and sectoral studies.Produce tradeGovernment ownershipAfricaCase studiesProduce tradeGovernment ownershipDeveloping countriesCase studiesPrivatizationAfricaCase studiesPrivatizationDeveloping countriesCase studiesPrimary commoditiesGovernment policyAfricaCase studiesPrimary commoditiesGovernment policyDeveloping countriesCase studiesAfricaEconomic policyDeveloping countriesEconomic policyProduce tradeGovernment ownershipProduce tradeGovernment ownershipPrivatizationPrivatizationPrimary commoditiesGovernment policyPrimary commoditiesGovernment policy380.1/41/096Akiyama T(Takamasa),1944-1870002World Bank.MiAaPQMiAaPQMiAaPQBOOK9910968658003321Commodity market reforms4478313UNINA