Nout Wellink: Crisis intervention and policies – effectiveness and the need for coordinated action Speech by Dr Nout Wellink, President of the Netherlands Bank and Chairman of the Basel Committee on Banking Supervision, at the ELEC (European League for Economic Cooperation) event, Amsterdam, 6 March 2009.
(2016) argue that the perception of future economic developments plays an important role: trust in the ECB grows with a more positive assessment of the economic outlook. [13] Moreover, the literature suggests that robust knowledge regarding the ECB’s mandate and tasks significantly strengthens trust in the central bank. For instance, Ehrmann et al. (2013) and Kaltenthaler et al.