On the Communication Policy of the Bangladesh Bank
Published By: Policy Analysis Unit - Bangladesh Bank | Published Date: September, 01 , 2005The current thinking on the subject of the central bank communication policy centres squarely on the transparency with which the bank conveys its beliefs on the evolving pattern of macroeconomic fundamentals affecting the country, and hence, on the likely course of its immediate and future policy moves. There is now a body of nascent but fairly detailed empirical studies that purports to demonstrate that such transparency helps improve the eventual effectiveness of policy.
Author(s): Bangladesh Bank BB | Posted on: Feb 15, 2016 | Views() | Download (195)