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      <marc:subfield code="a">Usher, Andrew, </marc:subfield>
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      <marc:subfield code="a">The positive case for a CBDC / </marc:subfield>
      <marc:subfield code="c">by Andrew Usher, Edona Reshidi, Francisco Rivadeneyra and Scott Hendry.</marc:subfield>
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      <marc:subfield code="a">Ottawa, Ontario, Canada : </marc:subfield>
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      <marc:subfield code="a">"Last updated: July 20, 2021."</marc:subfield>
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      <marc:subfield code="a">Includes bibliographical references (pages 14-16).</marc:subfield>
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      <marc:subfield code="a">"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.</marc:subfield>
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      <marc:subfield code="a">Staff discussion paper (Bank of Canada)</marc:subfield>
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      <marc:subfield code="u">https://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-6-2021-11-eng.pdf</marc:subfield>
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