Consumption
Monetary asmmetries without (and with) price stickiness
Digital euro safeguards – protecting financial stability and liquidity in the banking sector
A digital euro would offer a wide range of
- A digital euro would offer a wide range of
financial stability benefits, including safeguarding the role of public money and
strengthening the strategic autonomy and monetary sovereignty of the euro area in
the digital era. - Keywords: CBDC, digital euro, bank intermediation, financial stability risks.
- A digital euro has the potential to offer a wide range of financial stability
benefits for the digital era. - A digital euro would
stimulate financial innovation among private sector entities and enhance the
efficiency and resilience of the financial system by supporting competition and
diversity within it.3 In addition, a digital euro would strengthen the strategic autonomy
and monetary sovereignty of the euro area. - A digital euro would be designed to minimise risks to the financial system.
- 2
The preparation phase will pave the way for a future decision on whether or not to issue a digital euro.
- When gauging the implications for the euro area banking sector of introducing a
digital euro, take-up would be key, as it would determine the level of deposit
outflows. - In the latter case, the
issuance of a digital euro would not affect banks? balance sheets, since banks would return euro
banknotes to the Eurosystem in exchange for digital euro. - Banknotes and digital euro are two different
types of central bank liability, so a swap between banknotes and digital euro would only affect the
composition and not the size of the Eurosystem?s balance sheet. - In our analysis, we model only the
substitution of commercial bank deposits with a possible future digital euro. - 8
The legislative proposal on a digital euro provides for the inclusion of such safeguards and establishes
specific criteria for the limits, aiming to contain the use of a digital euro as a store of value. - ECB Occasional Paper Series No 346
4
2
The added value of digital euro
safeguards such as holding limits
To understand the benefits of digital euro safeguards, such as holding limits, it
is useful to first consider the implications of introducing a CBDC without
adequate safeguards. - (2022), ?Central bank digital currency and bank intermediation: Exploring different
approaches for assessing the effects of a digital euro on euro area banks?, Occasional Papers, No 293,
European Central Bank, Frankfurt am Main, May. - deciding to adopt the digital euro, and (ii) the average amount of digital euro in a
wallet. - At the same time, as discussed in this paper, the design of a digital euro would
include effective safeguards, such as individual holding limits, to mitigate
potential financial stability risks. - ECB Occasional Paper Series No 346
15
an upper bound on the amount of digital euro in circulation, thereby addressing and
limiting financial stability concerns associated with the introduction of a digital euro. - (2023), ?A digital euro: gauging the
financial stability implications?, Financial Stability Review, ECB, November.
China Lilang Announces 2023 Annual Results
HONG KONG, Mar 18, 2024 - (ACN Newswire) - China Lilang Limited ("China Lilang" or the "Company", together with its subsidiaries, the "Group"; stock code: 1234) today announced its 2023 annual results.
- HONG KONG, Mar 18, 2024 - (ACN Newswire) - China Lilang Limited ("China Lilang" or the "Company", together with its subsidiaries, the "Group"; stock code: 1234) today announced its 2023 annual results.
- Mr. Wang Dong Xing, Chairman and Non-Executive Director of China Lilang, said:
"In 2023, China welcomed its first year of recovery after three years of pandemic. - For the year ended 31 December 2023, the Group's revenue increased by 14.8% year-on-year to RMB3.544 billion.
- The distributors of the core collection had to digest the inventory from 2022, which suppressed the order growth in 2023.
The World Office Furniture Industry Report 2024: In-Depth Analysis of Top 20 Countries, with Profiles of 45 Major Office Furniture Manufacturers - ResearchAndMarkets.com
The "World Office Furniture Industry" report has been added to ResearchAndMarkets.com's offering.
- The "World Office Furniture Industry" report has been added to ResearchAndMarkets.com's offering.
- The World Office Furniture Industry report offers a comprehensive picture of the global office furniture sector, providing basic data for production, consumption imports and exports for the time series 2014-2023, international trade and major trading partners, world tables and economic indicators, market prospects up to 2025, summary tables for the 60 most important countries for office furniture production, consumption and trade, profiles of the leading office furniture manufacturers on a global level and a focus on the Top 20 office furniture countries.
- The world market for office furniture presently amounts to approximately US$ 49 billion.
- Part I reviews the world office furniture industry: the major producing and consuming countries, the status and prospects of world trade of office furniture, world trade matrix, current data and forecasts for growth in office furniture demand in 2024-2025, by country and by regional groupings.
Cloudflare Channel and Alliance Business Revenue Accelerates 174% Over Two Years and Expands with Additional Paths to Revenue, Program Awarded 5-Stars by CRN
The company’s recently launched Cloudflare PowerUP Partner Program provides additional, clear paths to revenue for its channel partners globally.
- The company’s recently launched Cloudflare PowerUP Partner Program provides additional, clear paths to revenue for its channel partners globally.
- The Program expansion comes as Cloudflare’s partnerships and alliances have been delivering strong results to joint customers across sectors worldwide.
- Cloudflare’s connectivity cloud is the digital core for businesses to transform how they connect, protect, and build in their digital environments.
- Becoming authorized as a partner includes accreditations and exclusive sessions, starting with upleveling skills from Cloudflare University, to customized training.
North American OSB Market Anticipated to Reach US$19.92 billion by 2029 with Significant Growth in OSB/3 Grade Segments - ResearchAndMarkets.com
North American Oriented Strand Board (OSB) market report reveals an expected increase in market value to US$19.92 billion by 2029, fueled by a strong forecasted CAGR of approximately 6% from 2024 through 2029.
- North American Oriented Strand Board (OSB) market report reveals an expected increase in market value to US$19.92 billion by 2029, fueled by a strong forecasted CAGR of approximately 6% from 2024 through 2029.
- Grade: Among various grades, OSB/3 is singled out for its rapid growth, arising from its enhanced strength for structural applications.
- The North American OSB market shows a high concentration with a handful of key players dominating nearly 80% of the market share.
- As the industry moves forward, this report serves as an essential resource for understanding the complex interplay of factors that shape the OSB market landscape.
China Neodymium Iron Boron Magnet Market Report 2024-2032: Value Chain Analysis, Domestic Consumption and Exports, Competitive Landscape
DUBLIN, March 12, 2024 /PRNewswire/ -- The "China Neodymium Iron Boron Magnet Market Report by Application (Automobile, Electronics, Power Generators, Medical Industry, Wind Power, and Others), Domestic Consumption and Exports (Domestic Consumption, Exports), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, March 12, 2024 /PRNewswire/ -- The "China Neodymium Iron Boron Magnet Market Report by Application (Automobile, Electronics, Power Generators, Medical Industry, Wind Power, and Others), Domestic Consumption and Exports (Domestic Consumption, Exports), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
- What has been the impact of COVID-19 on the China neodymium iron boron magnet market?
- What is the breakup of the China neodymium iron boron magnet market based on the domestic consumption and exports?
- What are the key regions in the China neodymium iron boron magnet market?
Global Cement Market Analysis and Forecast to 2029: Increasing Adoption of Green Cement Drives Market Growth - ResearchAndMarkets.com
The global cement market was valued at US$364.29 billion in 2023, and is expected to be worth US$505.74 billion in 2029.
- The global cement market was valued at US$364.29 billion in 2023, and is expected to be worth US$505.74 billion in 2029.
- One primary driver for the cement market growth is the increasing demand for infrastructure development and construction activities worldwide.
- The global cement market is determined to grow at a CAGR of 5.62% over the forecasted period of 2024-2029.
- A significant increase in construction activities due to widespread industrialization is driving the global cement market growth.
Fluoropolymers Market Forecast Shows Robust Growth through 2028 Driven by Automotive and 5G Technological Advances - ResearchAndMarkets.com
The global market for fluoropolymers has demonstrated considerable resilience and growth potential in the face of shifting economic landscapes.
- The global market for fluoropolymers has demonstrated considerable resilience and growth potential in the face of shifting economic landscapes.
- Insights drawn from the analysis of the fluoropolymers market suggest a compounded annual growth rate (CAGR) of 5%, predicting a market value increment from US$8.17 billion in 2022 to an anticipated US$10.95 billion by 2028.
- The holistic analysis of the fluoropolymers market embodies a forward-thinking approach to emerging market trends, challenges, and technological advancements shaping the future of this vital industry segment.
- As global economies navigate post-pandemic recovery and environmental considerations, the fluoropolymers market is poised for a trajectory of robust growth and diversification into the next decade.