EconPapers    
Economics at your fingertips  
 

Monetary policy in DR. Congo: Learning about communication and expectations

Christian Pinshi ()

Working Papers from HAL

Abstract: This article aims to consolidate strategic importance of communication in managing expectations and stabilizing the congolese economy. We propose a reinforcement in terms of communication, on the one hand by using not only french as a language, but also the national languages, such as Lingala, and on the other hand by using a maximum of television broadcasts on dedication from the congolese central bank to stabilize the economy. These instruments could restore confidence and allow the bank central of the Congo to better manage exchange rate and inflation expectations. In addition, there are reportedly no studies in the Democratic Republic of the Congo related to the influence of central bank communication on expectations. Thus, this analysis contributes to the Central bank theoretical literature. In prospect a development of a new communication index of the Bank central of the Congo is desirable in order to reinforce the effectiveness of the monetary policy.

Keywords: Monetary policy; communication; expectations (search for similar items in EconPapers)
Date: 2020-05-09
New Economics Papers: this item is included in nep-mac and nep-mon
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-02568635
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
https://hal.archives-ouvertes.fr/hal-02568635/document (application/pdf)

Related works:
Working Paper: Monetary policy in DR. Congo: Learning about communication and expectations (2020) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-02568635

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2021-02-10
Handle: RePEc:hal:wpaper:hal-02568635