Advanced Search
MyIDEAS: Login

The Central Bank: An Indispensable Institution for Development

Contents:

Author Info

  • Federico Tassara

    () (University of Buenos Aires)

  • Pablo Borio

    () (University of Buenos Aires)

Registered author(s):

    Abstract

    The study of the agro-export economic model, the economic cycles and the international monetary system of the early 20th Century throws light on the need of creating an entity to manage monetary policy. The precarious nature of the preceding monetary mechanisms is exposed to unveil the key functions to be assumed by the new entity. On the basis of the peculiarities of the Argentine economy, the main challenges addressed by the different creation projects are raised, while those presented by Raúl Prebisch and Sir Otto Niemeyer are analyzed and compared. The study of both figures, with their views, concerns, priorities and proposals is developed without losing sight of the historical context and simultaneously interpreting their special nuances. The conclusion underlines the lessons left by the creation process of the Central Bank of the Argentine Republic (BCRA) in 1935 for future challenges.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.bcra.gov.ar/pdfs/investigaciones/61_62_Tassara%20Borio.pdf
    File Function: Spanish version (versión en Español)
    Download Restriction: no

    Bibliographic Info

    Article provided by Central Bank of Argentina, Economic Research Department in its journal Ensayos Económicos.

    Volume (Year): 1 (2011)
    Issue (Month): 61-62 (January - June)
    Pages: 253-274

    as in new window
    Handle: RePEc:bcr:ensayo:v:1:y:2011:i:61-62:p:253-274

    Contact details of provider:
    Postal: Reconquista 266 - C1003ABF - Buenos Aires
    Phone: (54-11) 4348-3582
    Fax: (54-11) 4000-1257
    Email:
    Web page: http://www.bcra.gov.ar
    More information through EDIRC

    Related research

    Keywords: Argentina; central bank; creation of BCRA; economic cycles; Otto Niemeyer; Raúl Prebisch;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bcr:ensayo:v:1:y:2011:i:61-62:p:253-274

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Federico Grillo).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.