The Potential Impact of Digital Cash on the Stability of Emerging Economies
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Abstract
Posits that digital cash will indeed improve the commerce on the Internet. However, its transnationality can present some problems such as taxation evasion, money laundering and even economic and financial stability. If the digital cash and the cyber space economy were to take off as a major means of doing business, there will be conflicts between national and international interests.
This paper makes no claims on how e-commerce will develop. It simply paints possible scenarios that can be spawned by the Internet itself.
This paper makes no claims on how e-commerce will develop. It simply paints possible scenarios that can be spawned by the Internet itself.
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Copyright Sir Arthur Lewis Institute of Social and Economic Studies