#MonetaryStatecraft
I would welcome feedback and conversations with scholars and practitioners working on CBDCs, payment infrastructures, and monetary/financial statecraft.

#CBDC #DigitalPayments #MonetaryStatecraft #FinancialInfrastructure #CentralBanking #SmallStates #PoliticalEconomy
3. State–finance–technology reconfiguration
The paper outlines an agenda for CBDC research on how state, finance, and technology are being reconfigured through digitalisation of payments, with particular attention to central bank–mediated public–private arrangements.
Small states adopt CBDCs due to external and internal constraints, such as the decline of correspondent banking and reduced domestic banking presence. These pressures highlight how compliance and risk regimes, uneven financial connectivity, shape state monetary capacity and agency in digitalisation.
December 13, 2025 at 9:53 AM