Prasad, Eswar S.

The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance

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ISBN 13:
9780674293892
author:
Prasad, Eswar S.
format:
Paperback
publisher:
Harvard University Press
language:
English
Publication Year:
1989
Pages:
496
Dimensions:
23.4 x 15.2 x 3.8 centimetres
Genre:
Business, Money & Monetary Policy, Business,
Condition:
New
Availability:
Item usually sent within 10 working days
£19.21

Description

The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance The world of finance is on the cusp of a major disruption that will affect us all. Eswar Prasad explores how the end of physical cash will fundamentally rewrite how we live, and how digital currencies are changing the concept of money. As central banks develop their own digital currencies and global corporations join the game, the traditional functions of money are being unbundled, promising greater efficiency and flexibility, but also carrying the risk of instability and erosion of privacy. The digital revolution is transforming the way we think about money, and Prasad shows how to maximize the best and guard against the worst of what is to come. With a clear and visionary approach, he explains the implications of these innovations and what they mean for our future. A comprehensive and insightful work, The Future of Money is a worthwhile read for anyone interested in understanding the impact of technology on our financial systems.

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