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Economies, Volume 8, Issue 2

June 2020 - 26 articles

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Cover Story: This study analyzes the current debate around central bank-backed digital currency (CBDC). The conclusion was that there are opposite tendencies between defenders and detractors of establishing a CBDC. However, today—considering the positions of many banking institutions on establishing (at least in the short term) a CBDC—it seems that large-scale implementation is still far off. On the contrary, the Chinese Central Bank and other banking systems seem to go against the trend of rejection and are seriously considering its implementation. Although this matter has been dealt with in the theoretical field, more pilot tests such as the one carried out by Uruguay are necessary to understand specific effects on the economy, on one hand, and acceptance of its use by the population, on the other. View this paper

Articles (26)

  • Article
  • Open Access
2 Citations
3,910 Views
14 Pages

“Creating conditions for more people to have property income” has become a national policy after the 17th National Congress of the Communist Party of China. Based on the micro survey data from Chinese Family Panel Studies (CFPS) in 2010,...

  • Article
  • Open Access
10 Citations
4,648 Views
23 Pages

Only unstructured single-path model selection techniques, i.e., Information Criteria, are used by Bounds test of cointegration for model selection. The aim of this paper was twofold; one was to evaluate the performance of these five routinely used in...

  • Article
  • Open Access
58 Citations
16,981 Views
15 Pages

Prior research has emphasized the importance of bringing together quadruple helix (QH) actors (academia, industry, government and civil society) to strengthen regional innovation. The QH model forms an integral part of European innovation policy, whi...

  • Article
  • Open Access
11 Citations
14,266 Views
30 Pages

This study attempts to empirically examine the impacts of the China–Africa economic relationship on factor productivity. The two-step system Generalized method of moments (GMM) estimator is applied to analyze the impacts of the Africa–Chi...

  • Article
  • Open Access
25 Citations
8,305 Views
21 Pages

Corporate risk-taking behavior and investment is a crucial factor in order to seek higher profits and a better trading strategy. Competitive advantage and innovation, while maintaining profitability and state ownership, are considered as crucial reso...

  • Article
  • Open Access
9 Citations
8,166 Views
20 Pages

Empirical Measurement of Competition in the Thai Banking Industry

  • Jirawan Prayoonrattana,
  • Thanarak Laosuthi and
  • Bundit Chaivichayachat

The degree of competition in the banking industry can be observed and measured by two approaches, structural and nonstructural. Based on these two approaches, there are various indicators, which are different factors and methods. This paper aims to p...

  • Article
  • Open Access
30 Citations
11,011 Views
19 Pages

The Role of the Academic and Political Empowerment of Women in Economic, Social and Managerial Empowerment: The Case of Saudi Arabia

  • Maleeha Mohammed Zaaf Al-Qahtani,
  • Tarek Tawfik Yousef Alkhateeb,
  • Haider Mahmood,
  • Manal Abdalla Zahed Abdalla and
  • Thikkryat Jebril Obaid Talalah Qaralleh

Women may be considered to have hidden, unutilized potential for the economy and society, if not utilized at their full capacity, i.e., with effective educational, social and political policies. Allowing women to participate fully in an economy may c...

  • Article
  • Open Access
6 Citations
7,867 Views
11 Pages

This study aims to assess the protection for Vietnamese agriculture under trade liberalization based on the input–output approach. From a theoretical perspective, the authors develop a general framework to estimate the effective rate of protect...

  • Article
  • Open Access
15 Citations
7,707 Views
20 Pages

Financial inclusion is the process of including the people who lack formal financial services. The concept of financial inclusion emerged globally in the times of millennium and is defined as the availability and usage of formal financial services. I...

  • Article
  • Open Access
64 Citations
17,254 Views
27 Pages

Reasons Fostering or Discouraging the Implementation of Central Bank-Backed Digital Currency: A Review

  • Sergio Luis Náñez Alonso,
  • Miguel Ángel Echarte Fernández,
  • David Sanz Bas and
  • Jarosław Kaczmarek

This study analyses the current debate around central bank-backed digital currency (CBDC). A comparative study was carried out considering countries for and against implementing a CBDC and their reasons, looking for common causes, differences, etc. T...

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