13 results found
Inflation is proving hard to tame as central banks lose sight of their primary role of inflation-targeting
Emerging economies are fighting COVID-19 and the economic sudden stop imposed by the containment and lockdown policies, in the same way as advanced ec
Most central banks across the globe are today seized with the idea of cryptocurrency, with countries like Sweden and China already embarking on their pilot projects. This paper argues that most of the proposed architectures for a Central Bank Digital Currency (CBDC) are not designed to mimic the paper currency in its digital form. It proposes an architecture that largely retains all the properties of a paper currency, with only one limitation—i
The data collected through CBDCs has the potential to be paired with strict reserve requirements for commercial banks, creating a theoretical framewor
To defend their turf — and prevent extreme decoupling — central banks are keen on designing their own network of digital payments by officially is
The emergence of private digital currencies poses a potential challenge to central banks’ control, introducing new dynamics and possibilities that c
The G20 is well-positioned to create frameworks for just transition that can provide common definitions, understanding and principles to aid internati
Conflicts between central banks and governments are embedded in the evolving discourse of every democracy. The recent discord between the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) is neither the first nor likely to be the last. Institutionally, once a disagreement between the RBI and the MoF crosses the Rubicon, the government has the power to overrule the central bank’s decisions. Moreover, such a structure is not restricte
Through initiatives like Project Meridian, central banks could move towards more efficient, secure, and accessible financial systems that benefit indi
Climate change is one of the most significant challenges defining the 21st century, and ways to deal with it occupy an important space in current policymaking discourse. Central banks in different parts of the world have recently started playing a part in articulating strategies to combat climate change. This brief explores the position of the Reserve Bank of India (RBI) in this regard. It outlines the physical and transition risks associated wit
चलनवाढीवर लक्ष केंद्रित करण्याच्या जबाबदारीचा केंद्रीय बँकांना विसर पडत चालला आहे असे दिसून आले आहे. याच पार्श्वभूमीवर, दिवसेंदिवस महागाई आटोक्यात आणणे कठीण होत चालले �
सीबीडीसी द्वारे संकलित केलेला डेटा व्यापारी बँकांसाठी �
