Topics: - The basics in payment and settlement systems - The central bank and market infrastructures - The Eurosystem and market infrastructures - The development of the market infrastructure for payments and securities handling - Market infrastructure - issues of common interest

The papers to be presented at the conference should address one or more of the following issues: - Global imbalances and their adjustment mechanisms; - International financial flows and their determinants; - Asset price co-movements and contagion phenomena; - Risk-sharing through the global...