Articles
Future Of Money Central Bank Digital Currencies
This paper examines the rationale behind the exploration by the vast majority of central banks of introducing central bank digital currencies.
Perspective Chapter: The Future of Wholesale CBDCs in a Tokenizing and Trumpian World
Globally, the private sector is moving towards expanding the growth of tokenized assets trading, using private money channels (stablecoins) as payment systems.
Biden’s New Washington Consensus in a Trumpian World
In April 2023, Jake Sullivan, in a speech to the Brookings Institute, formally announced the replacement of what had become known since the1990s as the Washington Consensus with a New Washington Consensus.
HFX is the Danger
In late November 2020, the Halifax International Security Forum (HFX), published what they term as a “handbook about China for democracies” . It is claimed to be “perhaps the first comprehensive compendium of vital information about the very serious and urgent test that now confronts the world’s democracies*, or more simply, “Beijing is not our friend”.
Scoping CBDC
There is increasing activity, both discussion and actions, in relation to the establishment and use of crypto-currencies (DCs), both central bank and private DCs. The research discussion (and action) has significantly been within the central banking fraternity (including BIS), banking sector research departments, and more widely via private sector interests, companies, consultants, and some think tanks. The activity will continue to accelerate.