Overcoming Resistance: Government Centralization and Central Bank Digital Currency Adoption

• In Event: Monetary Sovereignty in an Age of Rising Authoritarianism: Has Democracy Moved to the Central Banks?

Brief Overview

Why do countries with similar capabilities and interests diverge in their progress towards technology adoption? This paper examines how the degree of centralization in a government's decision-making process affects its ability to adopt technology.

Author

• Emili Sabanovic, Georgia Institute of Technology