Leviathan re-engineered

Article Abstract:

The popular criticism against management theory is that practices applied in the private sector are unsuitable for government. This argument is not entirely true, but it is arguable that management theory has been applied indiscriminately to the public sector, where there are different models.

Management Theory & Techniques, Analysis, Industrial management, Reengineering (Management), Public administration

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The unkindest cut

Article Abstract:

The Bank of Japan finally lowered the official discount rate to 2.5% months after it was speculated that they would do so. The delay in the central bank's action may have been because it was hoping to limit corporate political contributions.

Japan, Central banks, Bank of Japan, Discount rates

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Subjects list: Management
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