Electronic money: a challenge to the sovereign state?
Part of a special section on technology and international policy in the information age. The new “electronic” forms of money created by the application of information technologies (IT) to the financial sector present important challenges to state power and control. These challenges have led some a...
| Publicado en: | Journal of International Affairs Vol. 51; no. 2; pp. 387 - 410 |
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| Formato: | Artículo |
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Journal of International Affairs
Spring 1998
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511056453&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511056453 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 0022197X JIA jtl: Journal of International Affairs issn: 0022197X maglogo: N pubinfo: dt: Spring 1998 vid: 51 iid: 2 pid: 127 pub: Journal of International Affairs artinfo: ui: 511056453 ppf: 387 ppct: 23 formats: fmt: @attributes: type: T tig: atl: Electronic money: a challenge to the sovereign state? aug: au: Helleiner, Eric su: Digital currency Monetary policy State, The sug: subj: Digital currency Monetary policy State, The ab: Part of a special section on technology and international policy in the information age. The new “electronic” forms of money created by the application of information technologies (IT) to the financial sector present important challenges to state power and control. These challenges have led some analysts to propose that the IT revolution is generating a profound transformation in the nature of the world order. Some see a dramatic relocation of power and authority taking place in global politics, involving the decline of the sovereign state. However, there are several ways that states can respond, and have already responded, to these challenges. Indeed, if states adapt effectively to the new technological world, IT might even improve their power. In light of such a possibility, the impact of the IT revolution on sovereign states' ability to control global financial flows and the implications of the new forms of stored value devices for states' control of not only financial movements but domestic monetary policy are discussed. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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