The Research On The Optimization Of Payment And Settlement Policy Drawn Up By The People's Bank Of China

Economy and finance system is based on payment and settlement. Experiences of developed countries have improved that payment system becomes more and more important while economy developing. The People's Bank of China leads payment and settlement of China, makes up rules and policy. To strengthen rationality of payment and settlement policy decision-making and reduce errors in decision-making is highly important.Firstly, the thesis expounds the relationship between the People's Bank of China and payment and settlement policy. It discusses transmitting mechanism of payment and settlement policy, builds up a simple game-theory model for nation wide cash saving and withdrawing, and explains distortion in payment and settlement policy's implement.Secondly, the thesis analyzes current status in payment and settlement decision-making. Based on finite decision-making theory, the thesis analyzes organization of the People's Bank of China and the four decision-making phases one by one, and summarizes the characters and disadvantages of the People's Bank of China's payment and settlement policy decision-making. Then experiences of developed countries are introduced.Finally, a better mechanism of payment and settlement decision-making is brought forward by three parts including decision-making environment, organization and decision-making program. The thesis builds up a decision-making model using multi-goal decision-making theory and AHP, builds up a 2-tier decision-making guide line. At the end of this thesis, an example of the decision-making model is given.