Template-Type: ReDIF-Book 1.0
Author-Name: Sally Chen
Author-Name: Tirupam Goel
Author-Name: Han Qiu
Author-Name: Ilhyock Shim
Title: CBDCs in emerging market economies
Provider-Name: Bank for International Settlements
Abstract: In recent years, emerging market economy (EME) central banks have increasingly engaged in projects related to central bank digital currencies (CBDCs). The stage of their engagement – research, pilot or launch – varies according to differences in country circumstances, including the availability of digital infrastructure, their focus among different policy objectives, and the attendant motivations and concerns. This volume contains papers that were prepared for a meeting of Deputy Governors of central banks from EMEs, which took place on 9–10 February 2022 and explored issues such as: the main objectives of introducing CBDCs; the guiding principles of CBDC design and data governance; challenges of CBDCs for monetary policy, financial intermediation and financial stability; the implications of CBDCs on financial inclusion; and the cross-border aspects of CBDCs. Discussions at the meeting also drew on insights from a survey on the roles of and considerations for CBDCs in EMEs.
Creation-Date: 2022-04
Year: 2022
Month: April
File-URL: http://www.bis.org/publ/bppdf/bispap123.pdf
File-Format: Application/pdf
File-Function: Full PDF document
File-URL: http://www.bis.org/publ/bppdf/bispap123.htm
File-Format: text/html
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ISBN:  978-92-9259-549-4
Number: 123
Handle: RePEc:bis:bisbps:123