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You stand at the forefront of a transformative era, propelled by the rapid advancement of artificial intelligence. This guide will illuminate the strategies necessary for navigating the intricate landscape of an economy increasingly shaped by intelligent systems. By embracing adaptability and...
Persistent link: https://www.econbiz.de/10015214479
Technological advancements in the means of production are the driving force behind the changes in the prevailing system of socio-economic relations. Feudalism was transformed into capitalism as a result of such advancements. While man obtained physical freedom, the financial freedom remained...
Persistent link: https://www.econbiz.de/10015253073
This document describes the main issues of the New Basel Accord, highlights the roles and organization of the Basel Committee on Banking Supervision (BCBS) and the Bank for International Settlements (BIS), and offers some arguments against some of the criticism that has been voiced against the...
Persistent link: https://www.econbiz.de/10015237330
This paper discussed the opportunities and risks of central bank digital currency (CBDC) in Nigeria, also known as the eNaira or e-Naira. The opportunities which CBDC present to Nigeria include, improved monetary policy transmission, efficient payments and increased financial inclusion. Some of...
Persistent link: https://www.econbiz.de/10015256870
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency. This paper discussed the features, opportunities and risks of the central bank digital currency (CBDC) in Nigeria, also known as the eNaira or e-Naira. The opportunities which CBDC...
Persistent link: https://www.econbiz.de/10015257968
Nigeria became the first African country to issue a central bank digital currency (CBDC) or fiat digital currency. It was pioneered by Project Giant. This paper discussed the features, opportunities and risks of the central bank digital currency (CBDC) in Nigeria, also known as the eNaira or...
Persistent link: https://www.econbiz.de/10015257978
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency. The eNaira CBDC was issued as a money equivalent to be used alongside with paper Naira. This paper identifies the features, opportunities and risks of the central bank digital currency...
Persistent link: https://www.econbiz.de/10015259036
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency called the eNaira. The eNaira CBDC was issued as a money equivalent to be used alongside with paper Naira. This paper presents the features, opportunities and risks of the central bank...
Persistent link: https://www.econbiz.de/10015259128
This paper presents the arguments for and against central bank digital currency increasing financial inclusion. Financial inclusion is arguably one of the many reasons for issuing a central bank digital currency. The arguments in support of CBDC increasing financial inclusion are that CBDC can...
Persistent link: https://www.econbiz.de/10015260230
This paper examines whether economic policy uncertainty (EPU) reduces the level of financial inclusion. I predict that high EPU should have a negative effect on the level of financial inclusion. I argue that high EPU will discourage financial institutions from providing basic financial services...
Persistent link: https://www.econbiz.de/10015262396