Central Banks as a Source of Knowledge for good financial crisis management

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Central Banks as a Source of Knowledge for good financial crisis management

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Central Banks as a Source of Knowledge for good financial crisis management

Popis výsledku anglicky

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.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50200 - Economics and Business

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Journal of Public Administration, Management and Economic Development

ISSN

2533-4077

e-ISSN

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Svazek periodika

9

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

16

Strana od-do

54-69

Kód UT WoS článku

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EID výsledku v databázi Scopus

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