{
  "title": "Central Bank Digital Currencies",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/courses/fss-cbdc",
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  "summary": "Central Bank Digital Currencies Training Program Central Bank Digital Currencies (FSS-CBDC) This course, presented by the Institute for Capacity Development, is designed to give participants a foundation in central bank digital currencies.",
  "publishDate": "2022-03-28",
  "sections": [
    {
      "heading": "Course overview",
      "content": "- The course, presented by the Institute for Capacity Development, is designed to give participants a foundation in central bank digital currencies.\n- The course will assess the business case for CBDC adoption from the perspective of users and central banks.\n- After motivations and introductory remarks on digitalization, the course will:\n  - discuss the different forms of CBDCs;\n  - present considerations for CBDC design and a conceptual framework;\n  - present the benefits, costs and risks related to CBDCs.\n- The course studies CBDCs in terms of implications for:\n  - financial stability and bank intermediation;\n  - the monetary policy transmission;\n  - financial integrity; and\n  - financial inclusion.\n- Some time is devoted to regulatory considerations at the national and international level.\n- Case studies are used for reflection and discussion of country experiences, including why some strategies have been successful while some countries have chosen not to proceed with implementation.\n- In a longer (face to face) version of the course, participants would be expected to prepare final presentations on a set of predetermined issues."
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target audience: Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.\n- Qualifications: Participants are expected to have an advanced degree in economics or finance or equivalent work experience."
    },
    {
      "heading": "Learning outcomes and skills",
      "content": "- Explain the economic rationale for the use of CBDCs compared to other payment instruments.\n- Use the framework presented in the course to think about the design and implementation of CBDCs.\n- Use the concepts introduced in the course to assess the benefits and costs of CBDCs.\n- Identify threats to financial stability and various risks based on country case studies.\n- Extract lessons from country pilots to try to prevent design pitfalls."
    }
  ],
  "bullets": [
    "The course, presented by the Institute for Capacity Development, is designed to give participants a foundation in central bank digital currencies.",
    "The course will assess the business case for CBDC adoption from the perspective of users and central banks.",
    "After motivations and introductory remarks on digitalization, the course will:",
    "The course studies CBDCs in terms of implications for:",
    "Some time is devoted to regulatory considerations at the national and international level.",
    "Case studies are used for reflection and discussion of country experiences, including why some strategies have been successful while some countries have chosen not to proceed with implementation.",
    "In a longer (face to face) version of the course, participants would be expected to prepare final presentations on a set of predetermined issues.",
    "Target audience: Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.",
    "Qualifications: Participants are expected to have an advanced degree in economics or finance or equivalent work experience.",
    "Explain the economic rationale for the use of CBDCs compared to other payment instruments.",
    "Use the framework presented in the course to think about the design and implementation of CBDCs.",
    "Use the concepts introduced in the course to assess the benefits and costs of CBDCs.",
    "Identify threats to financial stability and various risks based on country case studies.",
    "Extract lessons from country pilots to try to prevent design pitfalls."
  ],
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  "generatedAtUtc": "2026-09-29T16:36:59.924Z"
}