Please use this identifier to cite or link to this item:
http://hdl.handle.net/10071/29192
Author(s): | Travisco, M. Ferreira, F. Milici, A. Banaitienė, N. Banaitis, A. |
Date: | 2023 |
Title: | Smart structuring and monitoring of causal dynamics between guidelines and priorities of Banco de Portugal under the 2021-25 strategic plan |
Journal title: | Technological and Economic Development of Economy |
Volume: | 29 |
Number: | 4 |
Pages: | 1239 - 1263 |
Reference: | Travisco, M., Ferreira, F., Milici, A., Banaitienė, N., & Banaitis, A. (2023). Smart structuring and monitoring of causal dynamics between guidelines and priorities of Banco de Portugal under the 2021-25 strategic plan. Technological and Economic Development of Economy, 29(4), 1239-1263. https://dx.doi.org/10.3846/tede.2023.19319 |
ISSN: | 2029-4913 |
DOI (Digital Object Identifier): | 10.3846/tede.2023.19319 |
Keywords: | Central banking strategic planning DEMATEL Multiple criteria decision analysis (MCDA) SMART prioritization Strategy Banco de Portugal |
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. |
Peerreviewed: | yes |
Access type: | Open Access |
Appears in Collections: | BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica |
Files in This Item:
File | Size | Format | |
---|---|---|---|
article_97077.pdf | 844,12 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.