Central Banks as a Source of Knowledge for good financial crisis management
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F24%3A%230001175" target="_blank" >RIV/04274644:_____/24:#0001175 - isvavai.cz</a>
Result on the web
<a href="https://www.ijpamed.eu/index.php/journal/article/view/195/161" target="_blank" >https://www.ijpamed.eu/index.php/journal/article/view/195/161</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Central Banks as a Source of Knowledge for good financial crisis management
Original language description
The 2008 financial crisis substantially increased public and scholarly discussion on central banks' roles. In order to guarantee efficient financial crisis management, this article looks at the structure of knowledge transmission from central banks to the legislature. The relationship between central banks and policy makers is investigated, drawing from a qualitative research that includes expert interviews with representatives of European central banks. According to the research, central banks possess a high degree of competence; yet, there are obstacles in the way of information transmission to political entities. Expert knowledge management has the potential to mitigate these deficiencies. Since the 2008 financial crisis, the organisation has made advances, but there are still shortcomings, especially in the areas of communication and policy-making. By doing so, this paper closes a research gap in the area of knowledge transfer between central banks and the legislative branch and provides recommendations for enhancing these procedures.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Public Administration, Management and Economic Development
ISSN
2533-4077
e-ISSN
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Volume of the periodical
9
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
16
Pages from-to
54-69
UT code for WoS article
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EID of the result in the Scopus database
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