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This book provides a comprehensive review of the prospects for financial markets in the face of rapid technological development and international integration. It offers a revolutionary perspective, exploring the challenges for regulators and demonstrating a network economics approach to explain the failure of e-money to develop.
Author Biography
DAVID G. MAYES is Advisor to the Board at the Bank of Finland, Professor of Economics at London South Bank University and Honorary Professor of Banking and Financial Institutions at the University of Stirling, UK. He has published widely on monetary policy and financial stability and is advisor to several central banks.
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