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History of Creation of the Central Bank of Argentina

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Author Info

  • Patricio Catriel Liddle

    (University of Buenos Aires)

  • Juan José Pita

    (University of Buenos Aires)

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    Abstract

    We performed a retrospective analysis of Argentina’s monetary system, focusing on its limitations to satisfy the requirements of the national economy. We describe the various aspects associated with the need to establish a central bank as the governing body of that system. At the same time we present the different conceptions of functions and objectives of such entity, as reflected in the discussions and draft legislation previous to its creation, taking into account the international context as a guideline to understand these differences. Finally, the paper provides a description of the institution that was finally created and details its first operations and tools for the implementation of monetary policy.

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    File URL: http://www.bcra.gov.ar/pdfs/investigaciones/64_Liddle.pdf
    File Function: Spanish version (versión en Español)
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    Bibliographic Info

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

    Volume (Year): 1 (2011)
    Issue (Month): 64 (October - December)
    Pages: 117-139

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    Handle: RePEc:bcr:ensayo:v:1:y:2011:i:64:p:117-139

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    Related research

    Keywords: central bank; Otto Niemeyer; Raúl Prebisch; Argentina´s monetary system;

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