000 02266nam  2200337za 4500
0019.858327
003CaOODSP
00520221107155953
007cr |||||||||||
008180629s2018    oncad   ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |ae-sw---|an-cn---|an-us---
0861 |aFB3-5/2018-27E-PDF
1001 |aFung, Ben S. C.
24510|aSwedish Riksbank notes and Enskilda bank notes |h[electronic resource] : |blessons for digital currencies / |cby Ben Fung, Scott Hendry and Warren E. Weber.
260 |a[Ottawa] : |bBank of Canada, |c2018.
300 |aiii, 40 p. : |bcol. charts, col. ill.
4901 |aBank of Canada staff working paper, |x1701-9397 ; |v2018-27
500 |a"June 2018."
504 |aIncludes bibliographical references.
5203 |a"This paper examines the experience of Sweden with government bank notes and private bank notes to determine how well the Swedish experience corresponds to that of Canada and the United States. Sweden is important to study because it has had government notes in circulation for more than 350 years, and it had government notes before private bank notes. Several differences between the experience of Sweden and that of Canada and the U.S. regarding the safety of their bank notes and the need for government intervention emerge. Using the experience of the three countries, the paper concludes that fiduciary digital currencies will likewise not be perfectly safe without government intervention. Further, the introduction of government digital currency will not drive out existing private digital currencies nor will it preclude private digital currencies from entering the market. Government intervention likely will be required for private and government digital currencies to be a uniform currency"--Abstract, p. ii.
546 |aIncludes abstract in French.
693 4|aCurrency
693 4|aSweden
693 4|aElectronic funds transfers
7001 |aHendry, Scott.
7001 |aWeber, Warren E.
7102 |aBank of Canada.
830#0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2018-27.|w(CaOODSP)9.806221
85640|qPDF|s6.25 MB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-27-eng.pdf