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008 210302s2021 mau b 001 0 eng
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040 _aMH/DLC
_beng
_erda
_cDLC
042 _apcc
082 0 0 _a332.4
_bPRA-F
100 1 _aPrasad, Eswar S.
245 1 4 _aThe future of money :
_bhow the digital revolution is transforming currencies and finance
_cby Eswar S. Prasad
260 _aCambridge :
_bHarvard University Press,
_c©2021
263 _a2107
300 _a485 p. :
_bill. ;
_c25 cm.
504 _aIncludes bibliographical references and index.
505 0 _aPart I. Setting the stage: Racing to the future -- Money and finance: the basics -- Part II. InnovatIons: Will Fintech save the world? Or at least make it better? -- Bitcoin sets off a revolution, then falters -- Crypto mania -- Part III. Central bank money: The case for central bank digital currencies -- Getting CBDCs off the ground -- Part IV. Implications, challenges: Consequences for the international monetary system -- Central banks run the gauntlet -- A glorious future beckons, perhaps.
520 _a"New technologies are shaking the foundations of traditional finance. Leading economist Eswar S. Prasad foresees the end of cash, as central banks develop their own digital currencies to compete with Bitcoin and Facebook's Diem. Money and finance are on the verge of dramatic transformations that will reshape their roles in the lives of ordinary people"--
650 0 _aDigital currency.
650 0 _aBanks and banking, Central.
650 0 _aInternational finance.
906 _a7
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