New and evolving financial technologies implications for monetary policy and financial stability in Latin America

Eswar Prasad

No 19463, Documentos de trabajo from FLAR

Abstract: This paper provides a broad analytical overview of how technological changes are likely to affect the practice of central banking. While the advent of decentralized cryptocurrencies such as Bitcoin has dominated the headlines, a broader set of changes wrought by advances in technology are likely to eventually have a more profound and lasting impact on central banks.

Pages: 84
Date: 2020-05-29
New Economics Papers: this item is included in nep-ban, nep-cba, nep-isf, nep-mac, nep-mon and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:col:000566:019463

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