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Cashless payments: Indicator economic growth of the country

Svitlana Pyrih, Аnzhela Nikolaieva and Iryna Oleksandrenko

E-Forum Working Papers, 2019, vol. 9, issue 1, 151-158

Abstract: In article the influence of non-cash calculations on economic growth of the country is investigated. The experience of the states of northern Europe in reducing the volume of cash settlements and raising the level of non-cash payments is considered. The analysis of the dynamics of money supply by aggregates was carried out and the dependence between GDP and non-cash calculations was proved

Keywords: cashless payments; cash; money supply; monetary aggregates; GDP; payment cards (search for similar items in EconPapers)
Date: 2019
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