The Rise of Public and Private Digital Money A Strategy to Continue Delivering on The IMF’s Mandate

Following the companion paper on the new policy challenges related to the adoption of digital forms of money, this paper presents an operational strategy for the IMF to continue delivering on its mandate of ensuring domestic and international financial and economic stability. The paper begins by sum...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2021
Series:Policy Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Economics 
653 |a Comparative or Joint Analysis of Fiscal and Monetary Policy 
653 |a Payment Systems 
653 |a Finance 
653 |a Central Bank digital currencies 
653 |a Distributed ledgers 
653 |a Financial services industry; Technological innovations 
653 |a Stabilization 
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653 |a Government and the Monetary System 
653 |a Treasury Policy 
653 |a Political Economy 
653 |a Technology 
653 |a Financial sector stability 
653 |a Monetary economics 
653 |a General Financial Markets: Government Policy and Regulation 
653 |a Fiscal policy 
653 |a Digital currencies 
653 |a Monetary Systems 
653 |a Financial Markets and the Macroeconomy 
653 |a Financial services industry 
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520 |a Following the companion paper on the new policy challenges related to the adoption of digital forms of money, this paper presents an operational strategy for the IMF to continue delivering on its mandate of ensuring domestic and international financial and economic stability. The paper begins by summarizing the forces driving the adoption of digital forms of money, and the new policy questions that emerge. It then focusses on how the IMF’s core activities and output will need to evolve, including surveillance, capacity development, and analytical foundations. It ends by discusses how the IMF intends to partner with other organization, and to grow and structure internal resources to fulfill this vision