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CBDC and Monetary Sovereignty

2020
Dans un monde toujours plus numérique, les émetteurs privés de monnaies numériques risquent d’entraver la capacité des banques centrales à stabiliser l’économie. En maintenant l’attractivité des monnaies de banque centrale parmi les instruments de paiement de l’ère numérique, la monnaie de banque centrale numérique pourrait aider à préserver la ...
Diez de los Rios, Antonio, Zhu, Yu
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Monetary Sovereignty

2023
Abstract This chapter explores the extent to which customary international law underpins the national right to issue money and to organize a monetary system. In so far as the currency of an issuing State is concerned, it may be said that the concept of monetary sovereignty exhibits features of both an internal and an external character. ‘
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Monetary Sovereignty and History of International Monetary Law

2017
The aforementioned principle of monetary sovereignty plays an important role in monetary law and is key to understanding international monetary relations notwithstanding the much discussed potential erosion of the principle.
Christoph Herrmann, Corinna Dornacher
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The Euro and Monetary Sovereignty

2023
Abstract This chapter assesses the effect of the euro on monetary sovereignty. The process of monetary union has, without question, resulted in the transfer of national monetary sovereignty from Member States to entities subsisting within the framework of the Treaties.
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Cryptocurrencies, Monetary Policy, and New Forms of Monetary Sovereignty

International Journal of Political Economy, 2019
AbstractThe article aims to bring to light the limits and contradictions of cryptocurrencies, as well as to investigate possible alternative uses of them.
Fama, Marco   +2 more
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Revisiting the Monetary Sovereignty Rationale for CBDCs

2021
As currently articulated, the monetary sovereignty argument for central bank digital currencies (CBDCs) rests on the idea that without them, private and foreign digital monies could displace domestic currencies (a process called currency substitution), threatening the central bank s monetary policy and lender-of-last-resort (LLR) capabilities.
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Sovereignty and Monetary Integration

2019
This chapter illustrates how monetary theory, especially the concept of the four functions of money (medium of exchange, unit of account, store of value and means of deferred payment), can be integrated into the concept of a hierarchy of nested social institutions and public goods.
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Monetary Sovereignty Today

2000
Abstract In a famous dictum in the Serbian and Brazilian Loans cases, the Permanent Court 5.01of International Justice stated: ‘it is indeed a generally accepted principle that a state is entitled to regulate its currency’. This statement is quoted in most studies on the public international law of money and is generally seen as ...
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