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NBR Representatives About the Change of Public Communication After 2008

In: Blind Spots in the Spotlight

Author

Listed:
  • Raluca Iacob

    (National School of Political Studies and Public Administration)

Abstract

This work is a qualitative research that analyses, based on 20 semi-structured interviews, the perception of the National Bank of Romania’s representatives—communication specialists and officials who were highly visible in the mass media after the 2008 financial crisis—upon the loss of public trust in the central bank. At the same time, the interviews reflect the perception of the central bankers upon the effects of making the monetary policy more transparent during the period considered, and examine to what extent the chosen communication decisions can be reversible after surmounting the financial crisis, in an emerging market where no other unconventional monetary policy measures had been used. The research proposes a radiography of the nonmonetary and monetary communication activities after the financial crisis, based on the opinions of NBR representatives; on the way they perceived or implemented, from the inside, the changes regarding the communication strategy; as well as on the assessment of the limitations involved by transparency.

Suggested Citation

  • Raluca Iacob, 2022. "NBR Representatives About the Change of Public Communication After 2008," Financial and Monetary Policy Studies, in: Blind Spots in the Spotlight, chapter 0, pages 89-129, Springer.
    • Handle: RePEc:spr:fimchp:978-3-031-04067-2_5
    DOI: 10.1007/978-3-031-04067-2_5
    as

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