Central Bank Management - Risk Books
  • Choose your currency
  • GBP
  • EUR
  • USD

You have no items in your shopping basket.

0 items

Central Bank Management

Edited By John Mendzela and Nick Carver


While much has been published on monetary policy, little exists on how to manage a central bank and how to tackle the big organisational and management issues that central banks face today. Yet effective management is becoming an increasingly important challenge for senior central bankers, as their institutions come under closer scrutiny with global financial crisis.

A Central Banking Publications Book

Publish date: 16 Nov 2009

Availability: In stock


Book description

This new book , by drawing on a range of experiences from central banks around the world, aims to fill this gap by providing a guide to the management challenges at both a strategic and day-to-day level and how in practice central bankers have changed their organisations. Expert authors draw out the lessons from central banks that have successfully reformed their management styles, cultures and processes to achieve focus and generate value.

Chapters focus on the re-evaluation of functions, the value and demands of transparency, the role of the board, strategic planning, performance measurement and reward, IT, activity-based costing and zero-based budgeting, outsourcing, rightsizing and restructuring, risk management, reporting results, data collection, managing the monetary-policy making process and delivering currency services.

Authors include senior current and former central bankers from the European Central Bank, Bank of England, Sveriges Riksbank, Bank of Canada, Reserve Bank of New Zealand, Deutsche Bundesbank, Central Bank of Brazil, Norges Bank, South African Reserve Bank and the Central Bank of Sri Lanka.

This book is published at a momentous time for the profession of central banking. The financial crisis that began in 2007 had, by the time of writing, become acknowledged as the biggest economic upheaval in living memory.

As countries slip into recession, record government deficits, state ownership and close-to-zero interest rates were fast becoming common place, at least in the developed world. Central Banks faced unprecedented policy and operational challenges

This book considers how central banks as institutions can organize themselves and marshal their resources to best meet the challenges of this crisis

Drawing on experiences from central banks around the world this book aims to provide a window into management at both a strategic and day-to-day level and show how central bankers can and have changed their organisations

Book details

Publish date
16 Nov 2009
170mm x 245mm

Editor biography

John Mendzela and Nick Carver

John Mendzela and Nick Carver

Table of contents

Foreword vii

Preface ix

List of abbreviations xvii

About the authors xix


1. Managing central banks for tomorrow – practical challenges

John Mendzela

2. Re-evaluating functions: what should a central bank do?

Ian Plenderleith

3. What is the role of the board in a central bank?

Peter Nicholl

4. Effective reporting: a management commentary for central banks

Robin Darbyshire

5. “For Sweden – with the times”

Pether Burvall

6. A survey of central bank management practices

Malan Rietveld and John Mendzela


7. A zero-based approach to reviewing outputs and resources

Gilles Noblet

8. Towards new ways of working, organising and resourcing

Iain Thomson

9. Strategic management: a tool for change

François Van Zyl

10. Performance measurement and management: Canada’s portfolio approach

Keltie Donohue and Janet Cosier

11. A framework for IT governance

Chris Piper

12. Activity-based cost system: a case study

Henrique Silveira


13. What is the role of central banks in currency supply?

Brian Lang

14. Organising economists in a central bank

David Mayes

15. The management of data collection

John Sloyka

16. Rightsizing: the case of Sri Lanka

S.H.A.M. Abeyratne

17. Ten theses on operational risk

Jean-Charles Sevet

18. Crisis communication

Bobbie McCrakin

19. Outsourcing IT at Norges Bank

Semming Austin

20. Restructuring: the Deutsche Bundesbank experience

Michael Peschel

Appendix 1 Draft management commentary

Appendix 2 Survey questionnaire


Customer Reviews

Average customer reviews for Central Bank Management
Infopro Digital - AOP Best Digital B2B Publishing Company 2016, 2017 & 2018