Review article
TRANSPARENCY AND CONVERGENCY IN THE COMMUNICATION OF CENTRAL BANKS IN THE SOUTH- EAST EUROPEAN COUNTRIES
Vinko Kandžija
; University of Rijeka, Faculty of Economics
Igor Živko
orcid.org/0000-0001-6603-3110
; University of Mostar, Faculty of Economics
Branimir Skoko
; University of Mostar, Faculty of Economics
Abstract
Monetary authorities must make transparent communication with the public and financial market players in the process of implementation of monetary policy. Transparency is a way to make information about decisions of monetary committee, reasons for making decisions and efficiency in its implementation clear and distinct.
This paper will analyze theoretical framework on transparency in central banks in communication, and field of convergence in monetary transparency in central banks of South-eastern countries to the standards of EU.
Keywords
central bank; communication; transparency; convergence
Hrčak ID:
39281
URI
Publication date:
15.7.2009.
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