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Books

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“I must admit I was sceptical at first, especially given the ambitious standards being pursued. But the experience has been strikingly positive. By combining a dynamic learning environment with exceptionally high professional standards, the team has unlocked major productivity gains while building a work culture based on sustainable hours and genuine work–life balance. This has more than doubled the effective pool of talent and has attracted a diverse team—predominantly women—marking a sharp and welcome contrast with earlier generations of forecasting and policy analysis systems. These features give me confidence that this approach is not only innovative, but sustainable.”

Robert Ford (BoC, IMF, OECD)

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“Drawing on the Central Bank of Armenia’s experience, this book sets out a practical, policy-oriented framework to enhance the resilience, transparency, and credibility of monetary policy in an uncertain world. It will be of particular value to central bank policymakers seeking practical guidance for making robust, credible decisions in an increasingly uncertain and shock-prone environment.”

Changyong Rhee, Governor (BoK, IMF, ADB)

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