Start Submission Become a Reviewer

Reading: Communication Policy of Central Banks: The Case of Sri Lanka

Download

A- A+
dyslexia friendly

Articles

Communication Policy of Central Banks: The Case of Sri Lanka

Author:

HN Thenuwara

Director of Economic Research Department of the Central Bank of Sri Lanka, LK
About HN
Dr. H. N. Thenuwara is the Director of Economic Research Department of
the Central Bank of Sri Lanka. He has received a B.Sc. Degree in Pure
Maths, Physics and Industrial Management from the University of
Kelaniya, Sri Lanka, an M.Sc. Degree in Applied Statistics from the
University of Colombo, Sri Lanka, an M.A. Degree in Econometrics from
the University of Manchester, UK, and a Ph.D. Degree from the University
of Iowa, USA. His research interests are in Economic Theory, Monetary
Policy, Economic Growth, International Finance, International Trade
Policy and Real Sector Developments leading to economic growth.
X close

Abstract

Communication policies are important for central banks for two reasons. First, being public institutions it is important to disclose their actions to the general public for maintaining democratic accountability that comes with independence. Second, the policy effectiveness is enhanced if the general public is aware of policies of central banks, and reasons. Realising this, the Central Bank of Sri Lanka is in the process of developing a comprehensive communication policy to portray its accountability and to allow economic agents to make informed judgements about performance of the economy and Central Bank policies. However, there are several issues to be addressed in Sri Lanka before any communication policy takes its intended full effect. (JEL D83, E58)

DOI: 10.4038/ss.v36i1.1228

Staff Studies Volume 36 Numbers 1& 2 2006 p.1-14

 
How to Cite: Thenuwara, H., (2009). Communication Policy of Central Banks: The Case of Sri Lanka. Staff Studies. 36(1), pp.1–14. DOI: http://doi.org/10.4038/ss.v36i1.1228
Published on 15 Oct 2009.
Peer Reviewed

Downloads

  • PDF (EN)

    comments powered by Disqus