New and evolving financial technologies implications for monetary policy and financial stability in Latin America

Produced by: 
Fondo Latinoamericano de Reservas (FLAR)
Available from: 
July 2019
Paper author(s): 
Eswar Prasad
Topic: 
Macroeconomics - Economic growth - Monetary Policy
Year: 
2021

This paper provides a broad analytical overview of how technological changes are likely to affect the practice of central banking. While the advent of decentralized cryptocurrencies such as Bitcoin has dominated the headlines, a broader set of changes wrought by advances in technology are likely to eventually have a more profound and lasting impact on central banks.

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Research section: 
Latest Research
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