Central bank digital currencies a potential response to the financial inclusion challenges of the Pacific.

Central bank digital currencies a potential response to the financial inclusion challenges of the Pacific.

It notes that well designed and implemented CBDCs could help expand financial inclusion and reduce the high cost of remittances. The authors recommend that Pacific island countries lay the groundwork for CBDCs by building specific knowledge and expertise within central banks.

Bibliografiske detaljer
Main Authors: Didenko,Anton N. (Author), Buckley, Ross P. (Author)
Format: Electronic Resource
Sprog:English
Udgivet: Manila,Philippines Asian Development Bank 2021
Fag:
Microfinance > Asia.
Finance.
Electronic book.
Online adgang:https://www.adb.org/publications/central-bank-digital-currencies-financial-inclusion-pacific