Publication Type
Report
Version
publishedVersion
Publication Date
6-2025
Abstract
This publication outlines a methodology for the design, testing, and implementation of central bank digital currencies (CBDCs) to advance financial inclusion. As an increasing number of central banks around the world explore this novel form of financial infrastructure, this paper focuses on the potential of CBDCs to address key access and price barriers in developing and emerging economies. CBDCs, especially retail ones, can offer unique opportunities for enhancing financial services accessibility, affordability, and usability for unserved and underserved populations, if implemented responsibly through a structured, inclusive and user-centric approach.
Discipline
Law and Economics
Research Areas
Corporate, Finance and Securities Law
Areas of Excellence
Digital transformation
First Page
1
Last Page
23
Publisher
United Nations Development Programme (UNDP)
Citation
WANG, Heng.
Driving financial inclusion through central bank digital currencies: A methodology for CBDC implementation. (2025). 1-23.
Available at: https://ink.library.smu.edu.sg/sol_research/4683
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://www.undp.org/policy-centre/singapore/publications/driving-financial-inclusion-through-central-bank-digital-currencies-methodology-cbdc-implementation