Tag Archives | high-denomination currency
Economics, Finance sector development, Governance and public sector management
The brief for cash

Cash is an extremely useful social contrivance. Two possible drawbacks of high-denomination cash have recently been discussed by Kenneth Rogoff (2016) in his book, The Curse of Cash, and echoed by other economists. They are the extensive use of high-denomination cash by criminals and others engaged in illicit and corrupt activities, and the role that cash plays in avoiding deeply negative nominal interest rates imposed on bank accounts. Rogoff and others call for a phasing-out of high denomination cash over a long period.


Search
Subscribe / Connect to Asia Pathways
Subjects
- Accelerating Progress in Gender Equality
- Addressing Remaining Poverty and Reducing Inequality
- Agriculture and natural resources
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance and Innovation
- Finance sector development
- Gender
- Globalization and Economic Stability
- Globalization, Environment, and Climate Change
- Governance and public sector management
- Health
- Human Capital Development for Inclusive Growth and Shared Prosperity
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Making Cities More Livable
- Miscellaneous
- Population
- Poverty
- Private sector development
- Promoting Rural Development and Food Security
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Strengthening Governance and Institutional Capacity
- Subjects
- Tackling Climate Change, Building Climate and Disaster Resilience, and Enhancing Environmental Sustainability
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- Facing the Heat: Addressing the Health Impacts of Extreme Temperatures
- Harnessing Energy Transition to Power Rural Development and Female Empowerment
- The Promise and Perils of Mother Tongue-Based Education
- From Crisis to Resilience: The Evolution of the Banking Sector in Asia and the Pacific
- Tariffs on the Table: What Could Be Asia’s Next Move?
Recent Comments