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Blind Spots in the Spotlight - National Bank of Romania's Answers to the Financial Crisis Aftershocks from the Perspective of Central Bankers, the Public and the Media (Hardcover, 1st ed. 2022)
Loot Price: R3,046
Discovery Miles 30 460
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Blind Spots in the Spotlight - National Bank of Romania's Answers to the Financial Crisis Aftershocks from the Perspective of Central Bankers, the Public and the Media (Hardcover, 1st ed. 2022)
Series: Financial and Monetary Policy Studies, 53
Expected to ship within 10 - 15 working days
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This book brings under a magnifying glass a little explored, but
significant topic - the communications changes of the National Bank
of Romania after 2008. Given the similarities and differences
between central banks' mechanisms and practices adopted, its
applicability and impact for other actors are incontestable. The
research incorporates valuable details on how the National Bank of
Romania's communication changed during the Great Recession of 2008,
as well as insightful data about the way in which different
categories of public and media perceived this change. The
timeliness and significance of this research are noticeable as the
central banks already entered a new era of communication challenges
triggered by the Covid-19 pandemic and recently by the Russia -
Ukraine war. Lessons from the past can contribute to what
researchers name the second revolution in communication, focusing
on opening the central banks to the public and regaining trust,
especially in such a difficult period.
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