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Counterfeiting is a significant public policy issue, because paper money, despite rumours of its demise, remains an important part of our payments system. Various parties[...]

The four essays published here provide a useful overview for anyone interested in understanding the issues and policy environment surrounding financial system stability. [...]

This study has three main objectives: First, to examine the reasons for the existence of financial institutions that simultaneously lend to one group and borrow from anot[...]