1. ARTEM BORTNIK - Financial University under the Government of the Russian Federation, Moscow, Russia.
2. UMAIR BAIG - Department of Commerce, Benazir Bhutto Shaheed University, Lyari, Karachi, Pakistan.
3. MUHAMMAD GHAZANFAR ABBAS - Lasbela University Agriculturere, Water, and Marine Sciences, Balochistan, Pakistan.
4. ZAFFAR AHMED SHAIKH - Faculty of Computing Sciences and Information Technology, Benazir Bhutto Shaheed University, Lyari,
Karachi, Pakistan.
5. LAURA M. BAITENOVA - Almaty University of Power Engineering and Telecommunications (AUPET) named after G. Daukeev,
Almaty, Kazakhstan.
6. LYAILYA M. MUTALIYEVA - L.N.Gumilyov Eurasian National University; Nur-Sultan, Kazakhstan.
7. KRISTINA SHVANDAR - Financial Research Institute of the Ministry of Finance of the Russian Federation, Moscow, Russia.
8. RAYA H. KARLIBAEVA - Tashkent State University of Economics; Tashkent; Uzbekistan.
9. DIANA I. STEPANOVA - Plekhanov Russian University of Economics; Moscow, Russian Federation.
10. ANTON LISIN - Financial University under the Government of the Russian Federation, Moscow, Russia.
The article determines factors affecting the demand for Central Bank Digital Currency (CBDC) introduction. The research paper identifies these key parameters to be similar to those contributing to cash demand. Moreover, a comparative analysis between Sweden and Switzerland is presented based on these factors to highlight differences in national economies, which play a significant role in the subsequent demand for CBDC. The timeframe of this analysis is mainly based on the period of the recent COVID-19 pandemic, which brought with itself a global economic crisis. These difficult macroeconomic conditions emphasize the characteristics of national economies that may be evidence of the need of CBDC issuance.
Central Bank Digital Curreny, Monetary Policy, Demand, Money Supply, Money Market