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Digitalisation

Berlin Economics advises on digital solutions in the public sector and digital currencies.

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Digital solutions can make an important contribution to the modernisation of administrative structures. They help to shorten unnecessarily long procedures, reduce bureaucracy and at least curb corruption. In particular, transition and emerging countries that are struggling with outdated and complex administrative structures can benefit from the introduction of digital solutions. Digital currencies, so-called crypto currencies, are particularly suitable in countries with a rather weak banking sector, as the circulation of crypto currencies can potentially bring more people into the economic cycle. Berlin Economics advises its partner countries on the introduction of digital solutions in the administrative and financial sectors.

References

Central bank digital currencies: A survey of the key issues

The topic of digital currencies has become increasingly relevant in recent years. This paper presents a concise summary of the most important points from the central banks’ perspective.

The introduction of digital currencies involves opportunities and risks. Central banks have different motives for promoting the introduction of digital currencies, depending on whether they are located in a developed industrialised country or in an emerging market.