The Long Journey of Central Bank Communication
The Long Journey of Central Bank Communication A leading economist and former central banker discusses the evolution of central bank communication from secretiveness to transparency and…
Specifikacia The Long Journey of Central Bank Communication
The Long Journey of Central Bank Communication
A leading economist and former central banker discusses the evolution of central bank communication from secretiveness to transparency and accountability.Central bank communication has evolved from secretiveness to transparency and accountability--from a reluctance to give out any information at all to the belief in communication as a panacea for effective policy. Issing traces the development of transparency, examining the Bank of England as an example of extreme reticence and European Central Bank's President Mario Draghi as a practitioner of effective communication. In this book, Otmar Issing, himself a former central banker, discusses the journey toward transparency in central bank communication.
He argues that the ultimate goal of central bank communication is to make monetary policy more effective, and describes the practice and theory of communication as an evolutionary
European Central Bank
The Long Journey Home
The Long Journey Home
The Long Journey Home
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