SMART STRUCTURING AND MONITORING OF CAUSAL DYNAMICS BETWEEN GUIDELINES AND PRIORITIES OF BANCO DE PORTUGAL UNDER THE 2021-25 STRATEGIC PLAN

IF 4.8 2区经济学 Q1 ECONOMICS

Technological and Economic Development of Economy Pub Date : 2023-07-19 DOI:10.3846/tede.2023.19319

Madalena M. Travisco, Fernando A. F. Ferreira, Alexandra Milici, Nerija Banaitienė, A. Banaitis

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引用次数: 1

Abstract

In 2021, Banco de Portugal started a new cycle of strategic planning. The Banco de Portugal’s fourth strategic plan (i.e., PE21-25) was published at the institutional website, and defines 35 priorities/objectives grouped into five strategic guidelines. The interrelationships and causal dynamics of those guidelines and priorities are the core of the current research. The main purpose is to develop a set of actions aiming at producing recommendations for prioritizing the 35 strategic objectives using the Decision MAking Trial and Evaluation Laboratory (DEMATEL) method. The objective is to develop a constructivist procedure that, with the direct collaboration of a panel of relevant decision makers, grants the analysis objectivity and empirical substance for making recommendations at the strategic level. Contributing to the literature on central banking strategic planning is an additional objective. The results of the DEMATEL application include the identification of three priorities as central factors (i.e., high prominence and high relationship), and a hierarchical list of the PE21-25 strategic priorities analyzed, including their cause-and-effect relationships.

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根据2021-25年战略计划，智能构建和监测葡萄牙央行的指导方针和优先事项之间的因果动态

2021年，葡萄牙银行开始了新的战略规划周期。葡萄牙央行的第四个战略计划(即PE21-25)已在该机构网站上发布，该计划确定了35个优先事项/目标，分为5个战略指导方针。这些指导方针和优先事项的相互关系和因果动态是当前研究的核心。主要目的是制定一套行动，旨在利用决策试验和评估实验室(DEMATEL)方法提出建议，确定35个战略目标的优先次序。目标是发展一种建构主义程序，在有关决策者小组的直接合作下，使分析具有客观性和经验实质，以便在战略一级提出建议。为中央银行战略规划的文献做出贡献是另一个目标。DEMATEL应用程序的结果包括确定三个优先事项作为中心因素(即高突出性和高相关性)，并分析了PE21-25战略优先事项的分层列表，包括它们的因果关系。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Technological and Economic Development of Economy ECONOMICS-

CiteScore

10.00

自引率

8.50%

发文量

审稿时长

15 weeks

期刊介绍： Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research: systems for sustainable development, policy on sustainable development, legislation on sustainable development, strategies, approaches and methods for sustainable development, visions and scenarios for the future, education for sustainable development, institutional change and sustainable development, health care and sustainable development, alternative economic paradigms for sustainable development, partnership in the field of sustainable development, industry and sustainable development, sustainable development challenges to business and management, technological changes and sustainable development, social aspects of sustainability, economic dimensions of sustainability, political dimensions of sustainability, innovations, life cycle design and assessment, ethics and sustainability, sustainable design and material selection, assessment of environmental impact, ecology and sustainability, application case studies, best practices, decision making theory, models of operations research, theory and practice of operations research, statistics, optimization, simulation. All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.