LEADER 04375nam 22006255 450 001 9911011770803321 005 20250623130253.0 010 $a981-9653-84-3 024 7 $a10.1007/978-981-96-5384-3 035 $a(MiAaPQ)EBC32174560 035 $a(Au-PeEL)EBL32174560 035 $a(CKB)39436634500041 035 $a(OCoLC)1525621929 035 $a(DE-He213)978-981-96-5384-3 035 $a(EXLCZ)9939436634500041 100 $a20250623d2025 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aBetween Payments and Credit $eAn Introduction to the IOU Economy /$fby George Pantelopoulos 205 $a1st ed. 2025. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Palgrave Macmillan,$d2025. 215 $a1 online resource (364 pages) 311 08$a981-9653-83-5 327 $aChapter 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. 330 $aIn 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. 606 $aMacroeconomics 606 $aEconomic history 606 $aFinancial services industry 606 $aFinance 606 $aHistory 606 $aMacroeconomics and Monetary Economics 606 $aEconomic History 606 $aFinancial Services 606 $aFinancial History 615 0$aMacroeconomics. 615 0$aEconomic history. 615 0$aFinancial services industry. 615 0$aFinance. 615 0$aHistory. 615 14$aMacroeconomics and Monetary Economics. 615 24$aEconomic History. 615 24$aFinancial Services. 615 24$aFinancial History. 676 $a332.709 700 $aPantelopoulos$b George$01436306 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9911011770803321 996 $aBetween Payments and Credit$94400396 997 $aUNINA