مجلة مينا للدراسات الإقتصادية
Volume 5, Numéro 1, Pages 74-89
2024-01-08

Digital Money And Its Monetary And Economic Impact

Authors : Meziane Mohammed Toufik .

Abstract

This research paper aims to analyze the effect of electronic money on monetary policy management and its impact on the economic situation, by highlighting the role of economic monetary policy management and the rebounds generated by the creation of electronic money.. Through which we reached a number of results, perhaps the most important of which is that the spread of electronic money may reduce the role of the central bank in the process of issuing money, but it will not threaten its role in managing monetary policy, and The magnitude of the impact of electronic money depends on the extent of the central bank's ability to carry out the supervision process And overseeing the process of issuing electronic money through its management of monetary policy, in addition to having several effects on some of the macroeconomic variables such as consumption, investment and employment in addition to its potential effects on both the inflation rate and the exchange rate.

Keywords

electronic money ; monetary policy ; economic policy