The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...

Cette eacute;tude analyse le reacute;seau complexe des relations reacute;ciproques entre la reacute;forme du systegrave;me de paiement et la mise en oeuvre de la politique moneacute;taire dans quelques pays d`Europe centrale et orientale. Elle met en lumiegrave;re les liens eacute;troits existant entre...

The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...