Some say that issuance of central bank digital currencies will transform the international monetary status quo by eroding the US dollar’s dominance of cross-border payments and greatly reducing transaction costs. But this is not going to happen.
detailsFor too long, and on too many issues, policymakers have left the governance of technology in the hands of those who design it. Governments face three imperatives...
detailsAlthough it can be politically expedient to draw a thick line between capitalist decentralization and socialist central planning, the truth is that these two systems have converged on many occasions...
detailsFinancial institutions must address the issue of technological sustainability, especially with regard to data, robotics, and artificial intelligence.
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