How Long to Read Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies

How Long Does it Take to Read Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies?

It takes the average reader and 26 minutes to read Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies by Alexander Copestake

Assuming a reading speed of 250 words per minute. Learn more

Description

To explore risks associated with digital money, this Fintech Note simulates the hypothetical large-scale adoption of crypto assets in a model of a small open economy. The model highlights that a foreign-currency denominated stablecoin can amplify currency substitution and capital outflows in response to negative shocks. Monetary policy transmission is also weakened, forcing the central bank to adjust interest rates more aggressively in response to shocks. Capital flow management measures—if they do not constrain crypto flows—further incentivize households to hold foreign stablecoins for circumvention purposes, exacerbating the negative effects of crypto adoption on the macroeconomy. This underscores that widespread crypto adoption can weaken policymakers’ available options for mitigating external shocks and potentially increase cross-country spillovers.

How long is Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies?

Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies by Alexander Copestake is 26 pages long, and a total of 6,656 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies aloud.

What Reading Level is Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies?

Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies?

Macro-Financial Implications of Foreign Crypto Assets for Small Developing Economies by Alexander Copestake is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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