Digital innovations have transformed the global economy, enhancing connectivity, revolutionising industries and sparking growth. Yet new technologies often have their roots in technologically advanced countries and their benefits are often unevenly distributed – which has the potential to bolster inequality. Citizens themselves are often quick to adopt new products, with the internet and smartphones prime examples, only to be hindered by a lack of developed infrastructure – especially in emerging countries. With central bank digital currencies, on the other hand, emerging economies are paving the way. These markets ... (full story)