4.6 Article

Central Bank Digital Currencies: Agendas for future research

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ELSEVIER
DOI: 10.1016/j.ribaf.2022.101737

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CBDC; Bibliometric analysis; Content analysis; Cryptocurrency; Bitcoin

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By conducting bibliometric and content analysis on 174 documents retrieved from the Scopus database, this study presents the publication trends of Central Bank Digital Currencies (CBDCs) since 2018. It also highlights the top publishing source and the authors contributing the most in their affiliated countries. Additionally, the study discusses important themes covered, knowledge structure, recent research trends, gaps, and future research agendas in the CBDC domain. The research interest lies in understanding the systematic framework, significance, and structural implication of CBDC as a structural shift in the digitization of the monetary system. The development of CBDCs has significant implications for monetary and payment systems, and researchers are exploring its connection to international trade and cryptocurrencies.
We use the bibliometric and content analysis of 174 documents retrieved from the Scopus database to present the publication trends in Central Bank Digital Currencies (CBDCs) since 2018 and highlight the top publishing source with the most contributing authors in their affiliated countries. While showing influential studies, important themes covered to date, and the intel-lectual structure of the CBDC literature, we present recent research trends, gaps, and future research agendas in this domain. Research curiosity on the systematical framework, significance, and structural implication of CBDC as a structural shift in the digitization of the monetary system are major propellants. CBDCs have far-reaching implications for monetary and payment systems, and their development could pave the way for a global common currency. Researchers are making significant efforts to investigate how CBDCs are linked to international trade and assets, partic-ularly cryptocurrencies. There is much room for theoretical development, contextual coverage, and methodology contributions.

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