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

In: Central Bank Policy Mix: Issues, Challenges, and Policy Responses

Author

Listed:
  • Solikin M. Juhro

    (Bank Indonesia)

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.

Suggested Citation

  • Solikin M. Juhro, 2022. "Central Banking Practices in the Digital Era: Salient Challenges, Lessons, and Implications," Springer Books, in: Perry Warjiyo & Solikin M. Juhro (ed.), Central Bank Policy Mix: Issues, Challenges, and Policy Responses, chapter 0, pages 261-275, Springer.
  • Handle: RePEc:spr:sprchp:978-981-16-6827-2_13
    DOI: 10.1007/978-981-16-6827-2_13
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    Cited by:

    1. Solikin M. Juhro, 2023. "Future Central Banking In Emerging Market Economies," Working Papers WP/01/2023, Bank Indonesia.

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