Browsing by Subject "Banco Central"
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- PublicationOpen AccessA Sociology of Central Bank Digital Currencies: Digital Ruble, Trust, and Financialization of the Social Life (on the Example of Russian Small Entrepreneurs)(Universidad de Murcia, Servicio de Publicaciones, 2023) Makarov, EgorThis paper provides sociological account of central banks digital currencies (CBDCs), and digital ruble particularly. The development of digital economy stimulates active attention of governments of different countries. In some of them, including Russia, one of the reactions on these developments is the emergence of central banks digital currencies. From a sociological perspective, money is a social process embedded in social relations. One of the major aspects in this regard is trust. This paper analyzes the problem of trust on theoretical level as a systemic characteristic of social network enabling the shift from monetary mediums to money-as-account. The problem of trust touches the micro level of monetary proliferation. The paper, thus, discovers the narratives of trust, choice and enforcement using 12 interviews with small Russian entrepreneurs. It distinguishes between impersonal, technological, and institutional trust and shows discursive patterns among them. The results the paper presents are that at the level of narrative, technological optimism and skepti-cism could be distinguished in relation to the perception of possibility of enlarging institutional control. At the practical level, impersonal trust is identified as a major factor of digital ruble adoption. The findings of the paper fits with the literature on monetary proliferation and make a contribution to understanding patterns of new monetary forms adoption at the practical level.
- PublicationOpen AccessCómo asaltar un banco central .(Ateneo de Estudios Políticos (ACEP), 2023) López, XanEn los últimos cuarenta años los bancos centrales han ganado un peso enorme en las economías capitalistas. Al mismo tiempo, su forma de actuar y las justificaciones ideológicas para esas actuaciones han sufrido transformaciones muy profundas. Este texto intenta recorrer la transformación de los bancos centrales desde la época del keynesianismo clásico, pasando por el neoliberalismo y monetarismo, hasta llegar a nuestra situación presente de crisis permanente y financiación monetaria en la sombra. Al hacerlo se busca un objetivo doble. Por una parte, criticar y profundizar más allá de los relatos más simplistas sobre el papel de los bancos centrales en la economía. Por otra parte, tratar de identificar las contradicciones y ventanas de intervención política en esta coyuntura, en la que se abre por primera vez en décadas una posibilidad real de transformación de la sociedad.