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28 March 2013

Communication as a Policy Tool

Important Lessons from Cyprus

Drawing lessons from the banking crisis in Cyprus, this commentary looks at the importance of communication as a policy tool. A good communication strategy anchors expectations and builds credibility. Policy actions in Cyprus to resolve its banking crisis lacked a well structured communication strategy. As a result, expectations have not been anchored and credibility is being questioned.

© CEPS 2013

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Author:

Leonor Coutinho

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