央行数字货币：影响及其挑战

黄双双; 黄志刚; 王姗

央行数字货币：影响及其挑战

1.
福州大学经济与管理学院，福建福州 350108
2.
中国银行福建省分行，福建福州 350003

基金项目: 中宣部干部局(四个一批人才项目)“金融安全与区块链金融研究”

详细信息

作者简介:
黄双双(1992-)，女，福建莆田人，福州大学经济与管理学院博士研究生

王姗(1980-)，女，山东海阳人，中国银行福建省分行职员

通讯作者:
黄志刚(1963-)(通讯作者)，男，江西余干人，福州大学经济与管理学院教授，博士生导师

中图分类号: F820.2
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- 被引次数: 0
出版历程
- 收稿日期: 2021-06-23
- 网络出版日期: 2021-11-11
- 刊出日期: 2021-09-28

Central Bank Digital Currency: Impacts and Challenges

1.
School of Economics and Management, Fuzhou University, Fuzhou 350108
2.
Bank of China Fujian Branch, Fuzhou 350003, China

摘要

摘要: 央行发行数字货币是现代货币金融体制的重大变革，但央行数字货币研究涉及的内容和体系十分庞杂。对央行数字货币的基础概念、内涵以及其对经济金融的影响进行梳理，探讨央行数字货币对优化支付体系、丰富货币政策的贡献，以及给金融稳定带来的挑战。研究发现，央行数字货币的产生与发展依托于信息技术的兴起，其带来的经济效益将高于传统法定货币带来的经济效益。央行数字货币的出现是改善支付问题的重要突破，发行央行数字货币对零售、批发和跨境支付具有优化作用，其能够重塑支付体系，实现代币化交易和安全的信息共享，未来有可能成为主要的支付工具之一。由于央行数字货币对货币政策的影响较大，且相关研究尚处于探索之中，因此很难得出明确或定量的稳健性结论。央行数字货币的设计将影响到金融结构和经济的各个方面，本研究对于我国央行数字货币的理论与实践发展具有重要启示。
- 央行数字货币 /
- 数字货币 /
- 支付工具 /
- 支付体系 /
- 货币政策 /
- 货币经济 /
- 金融稳定 /
- 金融监管
Abstract: The issuance of digital currency by The People's Bank of China (Central Bank) is an important reform of the modern monetary and financial system, but the research on Central Bank digital currency involves a very complex content and system. The basic concept and connotation of Central Bank digital currency as well as its impact on economy and finance are sorted out, and the contribution of Central Bank digital currency to optimizing payment system and enriching monetary policy is discussed, as well as the challenges brought to financial stability. The research finds that the emergence and development of Central Bank digital currency depends on the rise of information technology, and its economic benefits will be higher than those of traditional legal tender; the emergence of Central Bank digital currency is an important breakthrough to improve payment issues; issuing Central Bank digital currency has an optimizing effect on retail, wholesale and cross-border payments; it can reshape the payment system, realize tokenized transactions and secure information sharing. The digital currency is possible in the future to become one of the main payment tools. Since the Central Bank digital currency has a greater impact on monetary policy, and relevant research still under exploration, it is difficult to draw clear or quantitative robust conclusions. The design of the Central Bank digital currency will affect all aspects of the financial structure and economy. This research has important enlightenment for the theoretical and practical development of China's Central Bank digital currency.
- Central Bank digital currency /
- digital currency /
- payment instrument /
- payment system /
- monetary policy /
- monetary economy /
- financial stability /
- financial regulation

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