Work

Central Banking Practices in the Digital Era: Salient Challenges, Lessons, and Implications

Year: 2022

Type: book-chapter

Abstract: The complexity and uncertainty of issues faced by central banks have and will continue to evolve in line with the advancement of digital technology. Navigating central banking practices in the digital era, therefore, is a very challenges task that requires the central bank's ability to create breakthroughs and orchestrate policy innovations. While the central bank policyCentral Bank Policy mix is still a viable strategy, central banks are required to operate beyond conventional wisdom, with novel practices. Optimizing the benefits of technological advances and becoming a relevant regulator in the digital era must anchor the central bank's strategy in the future.

Source: Springer eBooks

DOI: 10.1007/978-981-16-6827-2_13

Author: Solikin M. Juhro

Institution: Bank Indonesia

Language: English

Topic: Digital Transformation in Financial Services

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W3179348696