How Politics Hinder Central Bank Digital Currency (CBDC) Development and What to Do about It

Peterson Ozili

MPRA Paper from University Library of Munich, Germany

Abstract: The motivations and benefits of issuing a central bank digital currency (CBDC) are well known but the challenges faced by central banks in developing and issuing a CBDC have received less attention. To fill this gap, this article provides a succinct understanding of how politics hinder CBDC development. It presents the common arguments used by politicians to stifle CBDC development. It also suggests some ways to reduce political resistance towards CBDC development.

Keywords: CBDC; politics; central bank digital currency; resistance. (search for similar items in EconPapers)
JEL-codes: E50 E51 E52 E58 E59 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-mon and nep-pay
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/125034/1/MPRA_paper_125034.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:125034

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().