A Guide to the Modern Monetary System in the 21st Century: From Traditional Banking to FinTech and CBDCs (by Dr. Plamen Ivanov) — Pre-Order Now

From traditional banking to FinTech and CBDCs, this guide maps the fast-changing monetary landscape—and what it means for policy, supervision, and markets.

Inside the guide

  • How banks really create money and why credit allocation shapes economic outcomes.
  • The unbundling of payments/lending by 21st century digital platforms; interoperability & regulation without the hype.
  • CBDC design choices (account vs. token; wholesale vs. retail; privacy & programmability) and macro-financial trade-offs.
  • Practical tools for analysts, policymakers, and practitioners to evaluate innovation.

Who should read it: economists, central bankers, regulators, banking/FinTech professionals, students, and curious readers.

Pre-orders & bulk enquiries: ivanov@arbe.org.uk