Cyberspace and Public Policy

Robert Guttmann

Chapter Chapter 8 in Cybercash, 2003, pp 212-240 from Palgrave Macmillan

Abstract: Abstract As the internet assumes a central role in our lives and remakes our economy, it posits major challenges for policy-makers. Its growing presence has already raised serious concerns about privacy protection and safety, complicated the collection of indirect taxes (value-added taxes, sales taxes), enhanced the possibilities for tax evasion or money laundering and undermined the ability of governments to control the territorial space under their jurisdiction. With the internet anchoring itself ever more as a vector of change, it will impact on many public policies. These will have to be adjusted to a new reality, the omnipresence of cyberspace as a medium of interaction and the implications of its virtual nature for the organization of society.

Keywords: Monetary Policy; Financial Market; Central Bank; Money Supply; Money Laundering (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-1450-7_8

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DOI: 10.1057/9781403914507_8

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