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Communication is an important governance tool for monetary policy makers. While economic agents' short term decisions do tend to be guided by concrete monetary policy measures, the more relevant long term expectations can only be steered indirectly through communication. According to the neoclassical paradigm, effective communication rests on two premises. First, to be credible, central banks have to match deeds to words (symmetry). Second, the direction of communication is marked by strict linearity due to the superior informational endowment of the sender central bank vis--vis the receiver public sector. The European Central Banks approach to communication reflects the neoclassical consensus. Designed on the drawing board, the supranational central banks communication strategy is reduced to technocracy. On the national level though, path dependent differences in the approaches to communication continue to exist. By way of empirical example, both the Bundesbank and the Banque de France have adjusted their communication strategies to their countries historic, sociological and institutional particularities. In practice, national central banks remain embedded in national informational networks. Neither symmetry nor linearity are vindicated. The book addresses monetary policy decision makers, politicians in and social scientists alike.
The Clash of Monetary Civilizations
Language: en
Pages: 288
Authors: Barbara Drexler
Categories: Business & Economics
Type: BOOK - Published: 2005-05-01 - Publisher: VDM Publishing

Communication is an important governance tool for monetary policy makers. While economic agents' short term decisions do tend to be guided by concrete monetary policy measures, the more relevant long term expectations can only be steered indirectly through communication. According to the neoclassical paradigm, effective communication rests on two premises.
The Clash of Civilizations and the Remaking of World Order
Language: en
Pages: 367
Authors: Samuel P. Huntington, Samuel Phillips Huntington
Categories: History
Type: BOOK - Published: 1996 - Publisher:

Predicting greater future conflicts between Western and non-Western cultures, a political study argues for greater understanding of non-Western civilizations and offers strategies for maximizing Western influence. 30,000 first printing. Tour.
Covert Wars and Clash of Civilizations
Language: en
Pages: 394
Authors: Joseph P. Farrell
Categories: Body, Mind & Spirit
Type: BOOK - Published: 2013-07-24 - Publisher: SCB Distributors

Oxford-educated historian Joseph P. Farrell delivers the sequel to his best-selling Covert Wars and Breakaway Civilizations, part of his book series on suppressed technology, Nazi survival, secret finance and postwar hidden conflicts. His customary meticulous research and sharp analysis blow the lid off of a worldwide web of nefarious financial
A Response to Huntington ́s
Language: en
Pages: 36
Authors: Patrick Lubjuhn
Categories: Body, Mind & Spirit
Type: BOOK - Published: 2010-08 - Publisher: GRIN Verlag

Essay from the year 2005 in the subject Politics - Political Systems - General and Comparisons, grade: 1,7, University of Munster, 7 entries in the bibliography, language: English, comment: Book rewiew, analysing certain aspects of Huntingtons "clash of civilizations" Essay for the masters course "International Relation Theory" at the UTs
Critical Review: The Clash of Civilizations (Samuel P. Huntington)
Language: en
Pages: 8
Authors: Michael Kennedy
Categories: Political Science
Type: BOOK - Published: 2014-01-29 - Publisher: GRIN Verlag

Essay from the year 2013 in the subject Politics - International Politics - General and Theories, grade: A, Webster University, language: English, abstract: This critical review examines Samuel P. Huntington’s 1993 article titled “The Clash of Civilizations?”. In this article, Huntington (1993a) argues that in the wake of the fall