The positive case for a CBDC / by Andrew Usher, Edona Reshidi, Francisco Rivadeneyra and Scott Hendry.: FB3-6/2021-11E-PDF
"In this paper we discuss the competition and innovation arguments for issuing a central bank digital currency (CBDC). A CBDC could be an effective competition policy tool for payments. On innovation, we argue that a CBDC could be necessary to support the vibrancy of the digital economy by helping solve market failures and fostering competition and innovation in new digital payments markets. Overall, competition and innovation are supporting arguments for issuing a CBDC"--Abstract.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.903214&sl=0
| Department/Agency | Bank of Canada, issuing body. |
|---|---|
| Title | The positive case for a CBDC / by Andrew Usher, Edona Reshidi, Francisco Rivadeneyra and Scott Hendry. |
| Series title | Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2021-11 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "Last updated: July 20, 2021." Includes bibliographical references (pages 14-16). |
| Publishing information | Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021. ©2021 |
| Author / Contributor | Usher, Andrew, author. |
| Description | 1 online resource (iii, 17 pages) : charts. |
| Catalogue number |
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| Subject terms | Banks and banking, Central -- Canada. Digital currency -- Canada. Banques centrales -- Canada. Monnaie électronique -- Canada. |
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