Managing Central Banks for Tomorrow -- Practical Challenges
Central banks have focused their top-level attention on policy and operations, and (relatively speaking) have neglected institutional management. But the demands of the future are very different from those of the past. Central banks now need to achieve excellence managerially, not just technically. What are the main practical challenges of today and tomorrow for central bank management? How can those challenges be realistically met?
This text was published in 2009 by Central Banking Publications as Chapter 1 of “Central Bank Management”. If you use or quote from this material please attribute it to the author and publisher.