Improving the Management of a Central Bank : A Case Study

Author/Editor:

John Mendzela

Publication Date:

April 1, 1994

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper examines how major efficiency gains and improved effectiveness were simultaneously achieved at the Reserve Bank of New Zealand over a five-year period. It identifies the business management concepts that were used to transform the organization, outlines how they were applied, and evaluates the benefits obtained. The paper concludes that substantial real efficiency gains were achieved, while effectiveness was maintained or enhanced. Looking more widely, the business management concepts used to achieve these benefits could be applied to other central banks.

Series:

Working Paper No. 94/37

English

Publication Date:

April 1, 1994

ISBN/ISSN:

9781451845501/1018-5941

Stock No:

WPIEA0371994

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

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