Central Bank of the Future
20 Pages Posted: 24 Jul 2019 Last revised: 25 May 2021
There are 2 versions of this paper
Central Bank of the Future
Central Bank of the Future
Date Written: July 1, 2019
Abstract
The goal of this paper is to provide an early research note, beginning to build a foundation for a series of forthcoming Central Bank of the Future (CBOTF) papers, so that readers embark on this journey with a basic understanding of the evolution of Central Bank involvement in financial inclusion. This paper acknowledges several contributions to the research on Central Bank involvement in financial inclusion but is not intended to be an exhaustive review of current work. Rather, this paper seeks to provide research summaries and a few case studies to provide a high-level overview of the nexus between Central Banks and financial inclusion. Future CBOTF papers will take a deeper dive into both traditional and potential new pillars of Central Bank mandates, including the potential impact of fintech and regtech, for financial inclusion. The final paper in the series will synthesize the previous papers and recommend potential stakeholder investments towards improving financial inclusion through Central Bank policy and financial regulation.
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