Rethinking the Rise of Global Central Bank Digital Currencies: A Policy Perspective
This article discusses the impact of central bank digital currency(CBDC) from the perspective of monetary and fiscal policy. We mainly discuss how retail CBDC can improve traditional policy performance. We argue that A CBDC helps existing monetary policies to break through the zero lower bound, shor...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Editorial Department of Contemporary Social Sciences
2023-01-01
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Series: | Contemporary Social Sciences |
Online Access: | https://ddsk.publish.founderss.cn/previewFile?id=60218504&type=pdf&lang=en |