Enfoque Disciplinario https://www.enfoquedisciplinario.org/revista/index.php/enfoque <p>The Conocimiento Global journal,&nbsp;is the official publication of academic and scientific nature of Centro de Investigaciones y Capacitaciones Interdisciplinares</p> Centro de Investigaciones y Capacitaciones Interdisciplinares - CICI en-US Enfoque Disciplinario 2711-3124 <p>This journal is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA 4.0). The guiding principle of Creative Commons licenses is creative freedom. This system complements copyright law without opposing it, recognizing its importance within our culture. The content of the articles is the sole responsibility of each author and does not, in any way, commit the journal or the institution. The dissemination and reproduction of titles, abstracts, and full content are permitted for academic, scientific, and cultural purposes, provided that the corresponding source is properly cited. This work may not be used for commercial purposes.</p> <p><a href="http://creativecommons.org/licenses/by-nc-sa/4.0/" rel="license"><img src="https://i.creativecommons.org/l/by-nc-sa/4.0/88x31.png" alt="Licencia de Creative Commons"></a></p> Maturity of institucional management in central banks: a comparative analysis of the Central Reserve Bank of Peru and the Deutsche Bundesbank (2020-2025) https://www.enfoquedisciplinario.org/revista/index.php/enfoque/article/view/330 <p>This study aimed to compare the maturity of institutional management at the Central Reserve Bank of Peru (BCRP) and the Deutsche Bundesbank during the 2020–2025 period through the application of the Multidimensional Institutional Maturity Model for Central Banks (MMMIBC). Methodologically, the study adopted a qualitative approach, a descriptive-comparative scope, and a non-experimental design, based on a multiple-case study and documentary analysis of official sources. The MMMIBC comprised three pillars: institutional governance, organizational capabilities, and institutional assurance, operationalized through eight analytical dimensions. The results revealed high levels of institutional maturity in both institutions, although with differentiated strengths. The BCRP stood out for the stability of its governance, institutional autonomy, strategic planning, and consistency of its transparency and internal control mechanisms, whereas the Deutsche Bundesbank demonstrated greater strengths in digital transformation, human talent management, integrated risk management, innovation, and international coordination. It is concluded that the institutional maturity of central banks does not depend exclusively on a country's level of economic development, but rather on their capacity to integrate governance, organizational capabilities, and assurance mechanisms. Furthermore, the MMMIBC constitutes an analytical tool that can be applied in future comparative research and adapted to the study of other highly complex public institutions.</p> Carlos Bruno Odar Aquije Marianita Elizabeth Huamaní Rupay Victor Jesus Marroquin Salgado Yovana Rosario Chacaltana De la Cruz Copyright (c) 2026 Carlos Bruno Odar Aquije, Marianita Elizabeth Huamaní Rupay, Victor Jesus Marroquin Salgado, Yovana Rosario Chacaltana De la Cruz https://creativecommons.org/licenses/by-nc-sa/4.0 2026-08-03 2026-08-03 11 2 1 20 10.70165/enfdis.v11i1.330