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Performance Management in the Government of China – a success story

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Performance Management in the Government of China

The fact that China is rapidly emerging as one of the most powerful countries worldwide is no longer a secret. Besides its trading power, large population and Gross Domestic Product (GDP), China is also an example of good practice when it comes to its governmental administration. From at least the mid-1980s, the Chinese government has implemented a Performance Management system that has grown in complexity and sophistication.

The 2013 Mayor’s Management Report – New York City

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Performance Management New York Section 12 of the New York Charter prompts the Mayor’s office to present the City Council and the general public with a biannual performance report. The report is an overview of the performance registered from a total of 44 agencies and organizations, and focuses on a list of activities which have a direct impact on the NY people.

Economic forecasting – not an exact science. The Bank of England Forecast

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Economic forecasting

An economic forecast refers to making prediction about the economy and identifying increasing, stagnant or declining trends. Economic forecasts are provided by international organizations like the International Monetary Fund (IMF) or the World Bank, but also by national governments and financial institutions. Forecasting is based on series of KPIs like $ Gross Domestic Product (GDP), % Inflation, % Unemployment or $ Fiscal deficit.

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