Overview
- Offers communication strategies for central banks during financial crises
- Includes a real-life case study from the National Bank of Romania
- Explains how central banks can adapt communication tactics to new technologies
Part of the book series: Financial and Monetary Policy Studies (FMPS, volume 53)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (9 chapters)
-
Front Matter
-
Back Matter
Keywords
About this book
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.
Authors and Affiliations
About the author
Raluca Iacob is specialized in central banks communications, gaining her experience at the European Central Bank (ECB) in Frankfurt (Germany), where she currently works, and since 2015 at the National Bank of Romania (Romania). Previously, she was also active as financial journalist and Assistant Professor at the National School of Political Studies and Public Administration in Bucharest (Romania). Her research focuses on central bank’s communication and media strategies.
Bibliographic Information
Book Title: Blind Spots in the Spotlight
Book Subtitle: National Bank of Romania's Answers to the Financial Crisis Aftershocks from the Perspective of Central Bankers, the Public and the Media
Authors: Raluca Iacob
Series Title: Financial and Monetary Policy Studies
DOI: https://doi.org/10.1007/978-3-031-04067-2
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
Hardcover ISBN: 978-3-031-04066-5Published: 18 June 2022
Softcover ISBN: 978-3-031-04069-6Published: 19 June 2023
eBook ISBN: 978-3-031-04067-2Published: 17 June 2022
Series ISSN: 0921-8580
Series E-ISSN: 2197-1889
Edition Number: 1
Number of Pages: XXI, 224
Number of Illustrations: 1 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Media and Communication, Financial History