Economics Dictionary of ArgumentsHome
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| Crypto and macroeconomics: Crypto and macroeconomics examines how cryptocurrencies interact with and influence the broader economy. This field of study looks at how factors like inflation, interest rates, and monetary policy affect the value and adoption of crypto assets. It also investigates whether cryptocurrencies can serve as a hedge against inflation or act as a safe-haven asset, and how their growing integration impacts global financial stability. See also Cryptocurrency, Crypto transactions._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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IMF Working Papers on Crypto and Macroeconomics - Dictionary of Arguments
IMF V 3 Crypto and Macroeconomics/IMF/Hacibedel/Perez-Saiz: Linkages of crypto assets with the rest of the economy are still limited but are being established rapidly as crypto assets become more widely used. While crypto asset technologies could create de facto a new and alternative financial system, linkages with the traditional financial sector can be substantial. Considering how crypto assets interact with the real, fiscal, or external and financial sectors, they may pose significant risks to macroeconomic and financial stability. >Cryptocurrency risks, >Cryptocurrency, >Crypto transactions, >Fake transactions, >Cross-border payments, >Money laundry, >Crypto regulation, >Blockchain, >Bitcoin, >Crypto Firms, >Crypto and Banking, >Payment systems, >Stablecoins. Literature: A recent G20 note prepared by the IMF summarizes implications of crypto assets for domestic and external stability and the structure of financial systems (IMF 2023b)(1). Crypto assets have also been widely covered in recent IMF Global Financial Stability Reports (IMF, 2021a(2); IMF, 2022a(3)), Article IV staff reports (e.g., El Salvador 2021(4), Marshall Islands 2022, or Central African Republic 2023(5)), and Financial System Stability Assessments (e.g. Sweden 2023, Ireland 2022, or Hong Kong 2021), among others. 1. International Monetary Fund, 2023b. G20 Note on the Macrofinancial Implications of Crypto Assets, IMF G20 Note, February 2023. 2. International Monetary Fund, 2021a. The Crypto Ecosystem and Financial Stability Challenges. Global Financial Stability Report, Chapter 2, October 2021. 3. International Monetary Fund, 2022a. The Rapid Growth of Fintech: Vulnerabilities and Challenges for Financial Stability. Global Financial Stability Report, Chapter 3, April 2022. 4. International Monetary Fund, 2022c. El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador, January 2022. 5. International Monetary Fund, 2023c. Central African Republic: 2023 Article IV Consultation and request for a 38-month arrangement under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the Central African Republic, May 2023._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
IMF Working Papers IMF II IMF Working Paper André Reslow Gabriel Söderberg, Cross-Border Payments with Retail Central Bank Digital Currencies: Design and Policy Considerations IMF Fintech Note 2024/002 Washington, DC. 2024 IMF III IMF Working Papers Clemens Graf von Luckner Robin Koepke, Crypto as a Marketplace for Capital Flight. IMF Working Paper 24/133 Washington, DC. 2024 IMF IV IMF Working Papers Marco Pani Rodolfo Maino, “Could Digital Currencies Lead to the Disappearance of Cash from the Market? Insights from a ’Merchant-Customer’ Model.” IMF Working Paper WP/25/56 Washington, DC. 2025 |
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