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- W2912783138 abstract "In this chapter, the authors aim to point out critical aspects of the process in which cash is being replaced by electronic payments, thereby possibly leading to a cashless society. Sweden was one of the first countries to launch government-supported cash in its current form, and may become one of the first countries to stop issuing government-supported cash. In a study of the sociotechnical system behind cash payments and how this is likely to affect the use of cash in Sweden, several critical factors deciding the development were identified. In addition to a top-down approach, authors need to understand other factors such as technologies, demand, societal values, business strategies and interest, and other issues to get a complete picture. It is clearly the case that Rogoff discusses the route toward a cash-free society from a macroeconomic and central bank perspective, and consequently does not discuss other relevant dimensions." @default.
- W2912783138 created "2019-02-21" @default.
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- W2912783138 date "2018-02-15" @default.
- W2912783138 modified "2023-09-24" @default.
- W2912783138 title "The future of cash" @default.
- W2912783138 doi "https://doi.org/10.4324/9781351183628-5" @default.
- W2912783138 hasPublicationYear "2018" @default.
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