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Central Bank Digital Currencies and The Emerging Markets: The Currency Substitution Challenge

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NBER2021-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29489
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In this paper, I discuss the implications for emerging countries of the adoption of central bank digital currencies (CBDCs) in advanced jurisdictions, such as the United States, the United Kingdom, and the Euro Zone. The analysis identifies benefits as well as costs. Among the former, one of the
提供机构:
美国国家经济研究局
创建时间:
2021-11-01
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