IDEAS home Printed from https://ideas.repec.org/p/imf/imfdep/19-08.html
   My bibliography  Save this paper

Frontiers of Economic Policy Communications

Author

Listed:
  • Olga Ilinichna Stankova

Abstract

The paper provides an overall view of communications across various areas of economic policy, aiming to help country authorities as they increasingly use communications as a policy tool in its own right. The paper identifies frontier communications challenges, drawing on a large body of research on the salient issues. Although communications can never be a substitute for good policies, economic reforms are more likely to fail or even be reversed if they are not understood or accepted by those whom they affect.

Suggested Citation

  • Olga Ilinichna Stankova, 2019. "Frontiers of Economic Policy Communications," IMF Departmental Papers / Policy Papers 19/08, International Monetary Fund.
  • Handle: RePEc:imf:imfdep:19/08
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=46816
    Download Restriction: no

    References listed on IDEAS

    as
    1. repec:bin:bpeajo:v:48:y:2017:i:2017-02:p:309-400 is not listed on IDEAS
    2. Bholat, David & Broughton, Nida & Parker, Alice & Ter Meer, Janna & Walczak, Eryk, 2018. "Enhancing central bank communications with behavioural insights," Bank of England working papers 750, Bank of England.
    3. Da Silva, António Dias & Givone, Audrey & Sondermann, David, 2017. "When do countries implement structural reforms?," Working Paper Series 2078, European Central Bank.
    4. Blinder, Alan S., 2007. "Monetary policy by committee: Why and how?," European Journal of Political Economy, Elsevier, vol. 23(1), pages 106-123, March.
    5. Pierre L. Siklos, 2014. "Communications Challenges for Multi-Tasking Central Banks: Evidence, Implications," International Finance, Wiley Blackwell, vol. 17(1), pages 77-98, March.
    6. Alan S. Blinder & Michael Ehrmann & Marcel Fratzscher & Jakob De Haan & David-Jan Jansen, 2008. "Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 46(4), pages 910-945, December.
    7. Yann Algan & Sergei Guriev & Elias Papaioannou & Evgenia Passari, 2017. "The European Trust Crisis and the Rise of Populism," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(2 (Fall)), pages 309-400.
    8. Shi, Min & Svensson, Jakob, 2006. "Political budget cycles: Do they differ across countries and why?," Journal of Public Economics, Elsevier, vol. 90(8-9), pages 1367-1389, September.
    9. repec:nzb:nzbbul:dec2017:09 is not listed on IDEAS
    10. Kevin Clinton & Charles Freedman & Michel Juillard & Ondrej Kamenik & Douglas Laxton & Hou Wang, 2015. "Inflation-Forecast Targeting; Applying the Principle of Transparency," IMF Working Papers 15/132, International Monetary Fund.
    11. Alexandre Deslongchamps, 2018. "Readability and the Bank of Canada," Staff Analytical Notes 2018-20, Bank of Canada.
    12. Thomas Lustenberger & Enzo Rossi, 2017. "Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?," Working Papers 2017-12, Swiss National Bank.
    13. David Amaglobeli & Hua Chai & Era Dabla-Norris & Kamil Dybczak & Mauricio Soto & Alexander F. Tieman, 2019. "The Future of Saving; The Role of Pension System Design in an Aging World," IMF Staff Discussion Notes Staff Discussion Note 19/, International Monetary Fund.
    14. Michelis, Andrea De & Iacoviello, Matteo, 2016. "Raising an inflation target: The Japanese experience with Abenomics," European Economic Review, Elsevier, vol. 88(C), pages 67-87.
    15. Coenen, Günter & Ehrmann, Michael & Gaballo, Gaetano & Hoffmann, Peter & Nakov, Anton & Nardelli, Stefano & Persson, Eric & Strasser, Georg H., 2017. "Communication of monetary policy in unconventional times," CFS Working Paper Series 578, Center for Financial Studies (CFS).
    16. Benjamin Born & Michael Ehrmann & Marcel Fratzscher, 2012. "Communicating About Macro-prudential Supervision – A New Challenge for Central Banks," International Finance, Wiley Blackwell, vol. 15(2), pages 179-203, June.
    17. repec:pri:cepsud:161blinder is not listed on IDEAS
    18. repec:rba:rbaacv:acv2018-13 is not listed on IDEAS
    19. Atkinson, Anthony B., 2015. "Inequality: what can be done?," LSE Research Online Documents on Economics 101810, London School of Economics and Political Science, LSE Library.
    20. Sònia Muñoz & Samir Jahjah & Martin Cihak & Sharika Teh Sharifuddin & Kalin I Tintchev, 2012. "Financial Stability Reports; What Are they Good for?," IMF Working Papers 12/1, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfdep:19/08. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi) The email address of this maintainer does not seem to be valid anymore. Please ask Hassan Zaidi to update the entry or send us the correct email address. General contact details of provider: http://edirc.repec.org/data/imfffus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.