Frontiers of Economic Policy Communications

The environment for economic policy communications has been changing rapidly, driven by new information technologies and rising expectations for transparency.
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Volume/Issue: Volume 2019 Issue 008
Publication date: May 2019
ISBN: 9781498311038
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Topics covered in this book

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Banks and Banking , Finance , Money and Monetary Policy , Public Finance , DPPP , DP , public debate , financial system , balance of payments , bank guarantee , central bank communications , IMF policy advice , government communications , Communications in revenue administration , Financial sector stability , Inflation targeting , Energy subsidies , Global

Summary

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.