Date of Award
Summer 8-2022
Document Type
Dissertation
Degree Name
Doctor of Philosophy (PhD)
Department
Political Science & Geography
Program/Concentration
International Studies
Committee Director
Francis Adams
Committee Member
Jesse Richman
Committee Member
Cesar Pinto
Abstract
This dissertation examines regulatory responses to global private currencies (GPCs). Through detailed analyses of the history and evolution of private digital currencies, and through case studies of the United States, the European Union, and China, this dissertation identifies five factors that condition regulatory responses: (1) compliance with anti-money laundering (AML) laws, (2) compliance with systems built for fiat currencies, (3) degree of transparency in operations, (4) culture of sovereignty within the nation, and (5) great power competition with other nations. Throughout the dissertation, various political, economic, social, technological, legal, and environmental (PESTLE) characteristics of GPCs are highlighted. This dissertation also proposes a ‘game transformation framework’ (GTF) by combining these PESTLE factors with concepts from game theory. A 2x2 game structure is used to analyze strategic interactions between governments in the three case studies and GPCs on a spectrum between cooperation and conflict.
DOI
10.25777/bbr2-fr08
ISBN
9798351481555
Recommended Citation
Nandakumar, Girish S..
"The Political Economy of Global Private Currencies"
(2022). Doctor of Philosophy (PhD), Dissertation, Political Science & Geography, Old Dominion University, DOI: 10.25777/bbr2-fr08
https://digitalcommons.odu.edu/gpis_etds/149
ORCID
0000-0003-4114-5743
Included in
Economic Theory Commons, International Economics Commons, International Relations Commons