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New and evolving financial technologies implications for monetary policy and financial stability in Latin America

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  • Eswar Prasad

Abstract

This paper provides a broad analytical overview of how technological changes are likely to affect the practice of central banking. While the advent of decentralized cryptocurrencies such as Bitcoin has dominated the headlines, a broader set of changes wrought by advances in technology are likely to eventually have a more profound and lasting impact on central banks.

Suggested Citation

  • Eswar Prasad, 2020. "New and evolving financial technologies implications for monetary policy and financial stability in Latin America," Documentos de trabajo 19463, FLAR.
    • Handle: RePEc:col:000566:019463
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    References listed on IDEAS

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