jingchuisnthere.bsky.social
@jingchuisnthere.bsky.social
I would welcome feedback and conversations with scholars and practitioners working on CBDCs, payment infrastructures, and monetary/financial statecraft.

#CBDC #DigitalPayments #MonetaryStatecraft #FinancialInfrastructure #CentralBanking #SmallStates #PoliticalEconomy
3. State–finance–technology reconfiguration
The paper outlines an agenda for CBDC research on how state, finance, and technology are being reconfigured through digitalisation of payments, with particular attention to central bank–mediated public–private arrangements.
Small states adopt CBDCs due to external and internal constraints, such as the decline of correspondent banking and reduced domestic banking presence. These pressures highlight how compliance and risk regimes, uneven financial connectivity, shape state monetary capacity and agency in digitalisation.
December 13, 2025 at 9:53 AM
3. State–finance–technology reconfiguration
The paper outlines an agenda for CBDC research on how state, finance, and technology are being reconfigured through digitalisation of payments, with particular attention to central bank–mediated public–private arrangements.
Small states adopt CBDCs due to external and internal constraints, such as the decline of correspondent banking and reduced domestic banking presence. These pressures highlight how compliance and risk regimes, uneven financial connectivity, shape state monetary capacity and agency in digitalisation.
Three contributions:
1. CBDCs should be seen as state-led payment infrastructure, not just monetary tools. This approach highlights how states reconfigure institutional connections and enhance policy options during digital transformation, particularly in small states, for deliberate purposes.
December 13, 2025 at 9:53 AM
Small states adopt CBDCs due to external and internal constraints, such as the decline of correspondent banking and reduced domestic banking presence. These pressures highlight how compliance and risk regimes, uneven financial connectivity, shape state monetary capacity and agency in digitalisation.
Three contributions:
1. CBDCs should be seen as state-led payment infrastructure, not just monetary tools. This approach highlights how states reconfigure institutional connections and enhance policy options during digital transformation, particularly in small states, for deliberate purposes.
My second paper from my PhD project is now out.
Using the Bahamas’ SandDollar, widely recognised as the world’s first nationally launched CBDC (2020), the paper develops a relational account of monetary statecraft to explain state-building of CBDCs.
onlinelibrary.wiley.com/doi/10.1111/sjtg.70051
December 13, 2025 at 9:52 AM
Three contributions:
1. CBDCs should be seen as state-led payment infrastructure, not just monetary tools. This approach highlights how states reconfigure institutional connections and enhance policy options during digital transformation, particularly in small states, for deliberate purposes.
My second paper from my PhD project is now out.
Using the Bahamas’ SandDollar, widely recognised as the world’s first nationally launched CBDC (2020), the paper develops a relational account of monetary statecraft to explain state-building of CBDCs.
onlinelibrary.wiley.com/doi/10.1111/sjtg.70051
Monetary Statecraft and the Bahamian SandDollar
Central banks across the globe are currently engaged in an array of experimental projects with central bank digital currencies (CBDCs) that intervene in the digital transformation of payments. The Ba....
onlinelibrary.wiley.com
December 13, 2025 at 9:49 AM
My second paper from my PhD project is now out.
Using the Bahamas’ SandDollar, widely recognised as the world’s first nationally launched CBDC (2020), the paper develops a relational account of monetary statecraft to explain state-building of CBDCs.
onlinelibrary.wiley.com/doi/10.1111/sjtg.70051
Monetary Statecraft and the Bahamian SandDollar
Central banks across the globe are currently engaged in an array of experimental projects with central bank digital currencies (CBDCs) that intervene in the digital transformation of payments. The Ba....
onlinelibrary.wiley.com
December 13, 2025 at 9:47 AM
Reposted
The mBridge CBDC project (China, HK, Thailand, UAE, Saudi Arabia) reveals how states are reshaping global finance at the crossroads of monetary & technological sovereignty.

New in Finance & Space from Jing Chu, Cheng Fang & Karen P. Y. Lai
👉 doi.org/10.1080/2833...
September 26, 2025 at 11:48 AM
Reposted
How to make sense of China’s rise? For Phenomenal World I wrote something on its changing role in global finance.
China is not building a dollar-style empire of sprawling markets and speculative finance but something leaner, more functional & tightly managed.
www.phenomenalworld.org/analysis/a-s...
November 10, 2025 at 8:05 AM
Reposted
Multiple editions of three of my books used to train Anthropic AI. Let's hope the landmark legal judgement marks a turning point, but the genie is already out of the bottle.
Where to file: www.lieffcabraser.com/anthropic-au...

Where to search for your books/articles: annas-archive.org/search (PiLiMi); libgen.ad
September 5, 2025 at 8:29 PM
Reposted
I've got a new paper out with the brilliant @savannahcox.bsky.social & Emma Colven! We took a social studies of finance lens to explore the practices of 'framing, standardization & classification' that 'center' private finance at the core of urban climate action. www.tandfonline.com/doi/full/10....
Centering work: toward more ‘social’ accounts of urban climate finance
In recent years, high-profile financial actors have developed a dizzying array of services and devices that promise to help cities devise ‘solutions’ to climate change. But what must happen for pri...
www.tandfonline.com
February 10, 2025 at 12:11 PM
Reposted
Also very depressing that discussion about taxation is stuck on incomes rather than wealth and assets.
Could someone with macroeconomic chops explain to me whether tightening fiscal policy in the face of absent economic growth is an evidence-based approach? [/snark] Depressing that the entire discussion seems to be about gaming the fiscal rules rather, than, you know, policy? on.ft.com/42WYZzP
Rachel Reeves leaves door open to raising UK taxes next month
Poor economic data and flatlining growth are threatening to erode the chancellor’s £9.9bn margin of error
on.ft.com
February 15, 2025 at 10:17 AM
Reposted
Such fun to have some of my Chinese PhD students and colleagues over to celebrate lunar new year. Yusheng is a specific Singaporean/Malaysian tradition. Rather pleased with my homemade version. Lo hei! 捞起!风生水起!好运连连!🥢🥳🧧🍊
February 9, 2025 at 9:48 AM