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Central banks have been eying the emergence of privately issued digital currencies with a mix of excitement and anxiety, and some began experimenting with central bank digital currencies (CBDCs). Some advocates say CBDCs will help central banks advance financial inclusion. But are CBDCs really a game-changer for financial inclusion? What are the key enablers and constraints to CBDCs advancing financial inclusion and how should they be designed?

Kwame oppongMahesh uttamchandaniNana yaa boakye adjeiKrishna kumaraswamyTanja hessdSefwi asafoNana yaaMehmet kerseWorld bank practiceCentral bankWorld bankDigital developmentWorld bank group financial inclusionFinancial stability instituteBusiness developmentApple podcasts