question archive Can economists be considered as policy advisors?
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Can economists be considered as policy advisors?
Yes, economists can be considered policy advisors since the government often relies on their research and findings to determine the appropriate policies. An economist may institutionalize their positions in particular policy organizations, an act that might make them passage points in policy processes. At some extremes points, some economists become policy makers in their own right as is the case of most central banks. The board members of central banks are often economists since they play an important role it plays an important role in stabilizing the economy. Additionally, the indirect influence of economics on policy-making makes economists the best suitable policy advisors