Introduction

Abstract

This introduction chapter provides a map for the rest of the book. It starts with the rationale why this book is needed. It then provides an overview of the book, which has four parts. Part I examines how emerging new technologies are leading to new types of players, new types of products and business models, which are foundation to the emerging digital financial landscape which in turn, is itself rife with new challenges for the central banks. Part II examines regulatory updates, the first area of response that the central banks can engage in to help the address the challenges from digital disruption in the financial sector. Part III examines how central banks can engage in the promotion of open digital infrastructures, the second key area of response that the central banks can engage in to address the challenges and shape the digital financial landscape. Part IV examines how central banks might need to upgrade their internal capabilities, such that they can effectively operate in the emerging digital financial landscape, which is a new frontier of central banking.

Citation

Moenjak, T. (2024), "Introduction", Central Banking at the Frontier, Emerald Publishing Limited, Leeds, pp. 1-3. https://doi.org/10.1108/978-1-83797-130-520241001