Haihong Gao

Aug 2, 2023 | realinstitutoelcano.org | Miguel Otero Iglesias |Haihong Gao |Agustín González-Agote |Ming Zhang

This Policy Brief was originally published on Think20 India 2023. AbstractCentral Bank Digital Currencies (CBDCs) are still a project in the making, but there are many doubts about the economic, political, and societal implications of this dramatic change in the representation of money. These uncertainties stem from the various policy goals, operational models, design features and technology choices available to monetary authorities.

Jul 19, 2023 | or-f.org | Miguel Otero Iglesias |Agustín González-Agote |Haihong Gao |Ming Zhang

Set up in 1990, ORF seeks to lead and aid policy thinking towards building a strong and prosperous India in a fair and equitable world. It helps discover and inform India’s choices, and carries Indian voices and ideas to forums shaping global debates. ORF provides non-partisan, independent analyses and inputs on matters of security, strategy, economy, development, energy, resources and global governance to diverse decision-makers (governments, business communities, academia, civil society).

Jul 19, 2023 | orfonline.org | Miguel Otero Iglesias |Agustín González-Agote |Haihong Gao |Ming Zhang

Task Force 5: Purpose and Performance: Reassessing the Global Financial Order1. The ChallengeRecent developments in the field of digital payments have left central bankers increasingly pondering new types of electronic money. The steady decline in the use of cash, combined with the boom of blockchain and crypto assets, has urged policymakers to think critically about the prospects of losing control over monetary sovereignty and consider issuing their own form of digital money instead.