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A Historical Analysis of Central Bank Independence in Latin America: The Colombian Experience, 1923-2008

Adolfo Enrique
Meisel-Roca
Juan David
Barón
Martes, 1 Septiembre 2009

This paper explores the relationship between central bank independence and inflation in Latin America, using as a case study the experience of Colombia (1923-2008). Since its creation, in 1923, Colombia?s central bank has undergone several reforms that ha