International Lessons and Adaptations Examining Global CBDC Implementations and Extracting Insights for India's Digital Rupee

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Author(s): Amit Kumar (Manav Rachna International Institute of Research and Studies, India)and Vinit Sikka (Manav Rachna International Institute of Research and Studies, India)
Copyright: 2024
Pages: 21
Source title: Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges
Source Author(s)/Editor(s): Guneet Kaur (University of Stirling, UK), Pooja Lekhi (University Canada West, Canada)and Simriti Popli (Kaplan International College, UK)
DOI: 10.4018/979-8-3693-1882-9.ch014

Keywords: Accounting and Finance / Business & Management / Business Science Reference / E-Commerce

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Abstract

This chapter analyzes global central bank digital currency (CBDC) implementations to inform India's digital rupee development. By examining case studies from China, Sweden, and the Bahamas, it seeks to understand the successes, challenges, and strategies behind CBDCs. The focus is on technological, regulatory, and economic aspects, aiming to offer actionable insights for India's unique context. This comparative study aims to equip policymakers and financial experts with knowledge to navigate India's CBDC journey, emphasizing learning from global practices to address challenges and capitalize on opportunities for a smooth and impactful digital rupee rollout.

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International Lessons and Adaptations Examining Global CBDC Implementations and Extracting Insights for India's Digital Rupee

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