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Libra — Konzept und wirtschaftspolitische Implikationen
[Libra — Concept and Policy Implications]

Author

Listed:
  • Jonas Groß

    (Universität Bayreuth)

  • Bernhard Herz

    (Universität Bayreuth)

  • Jonathan Schiller

    (Universität Bayreuth)

Abstract

Zusammenfassung Die Ankündigung der Libra Association, mit Libra eine private globale Währung zu emittieren, hat eine heftige Debatte über die damit verbundenen Chancen und Risiken ausgelöst. Befürworter erwarten, dass Libra das Geldsystem von seinen „staatlichen Fesseln“ befreien und den Zahlungsverkehr weltweit liberalisieren und verbilligen kann. Gegner argumentieren, dass eine private Währung erhebliche Risiken für den einzelnen Nutzer und das gesamte Finanzsystem mit sich bringt. Darüber hinaus könne Libra die Effizienz der nationalen Geldpolitiken einschränken. Dieser Beitrag erläutert das Konzept von Libra und leitet aus deren Vor- und Nachteilen das Marktpotenzial von Libra ab. Zudem werden Implikationen für die Geldpolitik und die Finanzmarktregulierung beleuchtet.

Suggested Citation

  • Jonas Groß & Bernhard Herz & Jonathan Schiller, 2019. "Libra — Konzept und wirtschaftspolitische Implikationen [Libra — Concept and Policy Implications]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 99(9), pages 625-631, September.
    • Handle: RePEc:spr:wirtsc:v:99:y:2019:i:9:d:10.1007_s10273-019-2503-z
    DOI: 10.1007/s10273-019-2503-z
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    More about this item

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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