Gorman, Prof. LouiseMeghna B. Patial2024-05-232024-05-232021https://dspace.griffith.ie/handle/123456789/513The paper focuses on the reasoning and the rationale adopted by the central bank in times of a financial crisis (with reference to the shadow banking Crisis 2018). Furthermore, it analyses the degree of transmission and the depth of the impact that these decisions create on the economy with respect to the short term and long-term changes and effects. It is understood that to have the correct understanding of the whole process one has to have exposure and experience from real time experiences. Bearing that in mind academics have been consulted to understand and present the theoretical aspect of the topic with historical evidences obtained from previously established theories. Along with which fund managers, venture capitalists, hedge fund manager, public policy analyst are interviewed to understand the on-ground impact in real time. The key reason for combining the theoretical and the real time impact is the time difference that is witnessed during the transmission of the variables of the monetary policies to the economy. The paper adopts a qualitative approach with a semi-structured interview pattern. Semi-structured interview is most viable and suitable for the process since it allows the researcher to obtain additional information from the interviewee and not constraining within the confinements of the pre-prepared questionnaire. It ensures a smooth flow to the interview and catalyses the data being collected to be complete, clear and concise.Thesis