Digital Currencies and the New Global Financial System

This book examines the current debate around Central Bank Digital Currencies (CBDC) and the future of the New Global Financial System. It offers insights into global monetary policy in the context of digital and cryptocurrencies, exploring opportunities and challenges. It distinguishes between digital and cryptocurrencies, addresses research questions related to CBDCs, their impact on financial markets, and the role of monetary policy easing. It also discusses investment in cryptocurrencies and the challenges faced by central banks post-pandemic. The book includes a comprehensive review of the literature and presents econometric models of digital currencies and cryptocurrencies. Its primary audience is researchers, scholars, and students in international finance and economics, as well as practitioners concerned with the digitalization of financial systems, policymakers, and regulatory agencies.

Format: Hardback
Length: 194 pages
Publication date: 13 December 2022
Publisher: Taylor & Francis Ltd

The book delves into the ongoing debate surrounding Central Bank Digital Currencies (CBDCs) and explores the potential implications of the emerging New Global Financial System. It provides a comprehensive analysis of the global monetary policy landscape in the context of digital and cryptocurrencies, examining both the opportunities and challenges that lie ahead.

Distinguishing between digital and cryptocurrencies, the book addresses a range of research questions. It explores the potential consequences of forming Central Bank Digital Currencies and their impact on financial markets, both in advanced and developing economies. It also examines the role of monetary policy easing in the rise of the virtual currency market and investigates the impact of the pandemic on international settlements. Additionally, the book discusses the issue of investment in cryptocurrencies, assessing the associated risks and determining whether they represent a profitable investment vehicle. Furthermore, it sheds light on the evaluation process employed by digital banking systems when considering such investments.

The book encompasses a broad geographic focus, examining these aspects from the perspectives of various countries, including China, India, and the United States. It incorporates a comprehensive review of the literature and presents intricate econometric models of digital currencies and cryptocurrencies. The primary audience for this book includes researchers, scholars, and students specializing in international finance and economics, as well as practitioners involved in the digitalization of financial systems, policymakers, and regulatory agencies.

It is worth noting that Prof. Shalini Talwar's affiliation is incorrectly published in the provided text. The correct affiliation, which may be considered for referencing and records, is: Shalini Talwar, Associat.

Weight: 550g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032315720