Persuasion in economic speeches persuasiunea în discursurile economice
Persuasion is an essential tool used in economic discourse to influence public perceptions, particularly during times of crisis. Political and economic leaders employ this technique to convey messages of confidence and stability. A remarkable example is a speech delivered during a deep economic crisis, capable of restoring hope to a nation. Bayesian persuasion plays a significant role in economic speeches by strategically selecting information to shape public perceptions. Central bankers often use this technique, emphasizing the resilience of the economy to prevent panic. Similarly, representatives of European states applied such strategies during the pandemic, providing clear information and appealing to solidarity to maintain citizens' trust. Companies and financial institutions also use persuasion to attract investors and influence consumer behavior - for instance, promoting advantageous savings accounts. However, the improper use of persuasion can erode public trust and contribute to financial crises. Thus, persuasion is a key element of economic discourse, supporting trust and guiding public behavior. When applied ethically and transparently, it fosters economic stability and optimism; however, excessive manipulation or distorted information can produce adverse effects. Therefore, maintaining a balance between influence and transparency is crucial for effective and ethical economic communication.
Authors
- Paula Dogoter
Institutions
- Technical University of Moldova (MD)
Publication Details
- Published
- 2025-05-01
- DOI
- https://doi.org/10.54481/pcss2025.38
- Primary Topic
- Cultural, Linguistic, Economic Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00