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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

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleThe 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 typeMonograph - View Master Record
Language[English]
FormatDigital text
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.
Description1 online resource (iii, 17 pages) : charts.
Catalogue number
  • FB3-6/2021-11E-PDF
Subject terms
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