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2018 | 4 | nr 3 | 235--259
Tytuł artykułu

Bank Centralny Chile - struktura organizacyjna, narzędzia i cele polityki pieniężnej

Treść / Zawartość
Warianty tytułu
Central Bank of Chile - Organizational Structure, Economic Tools and Monetary Policy Goals
Języki publikacji
PL
Abstrakty
Bank Centralny Chile utworzono 21 sierpnia 1925 r. przez przyjęcie dekretu na mocy ustawy nr 486, pod rządami prezydenta Arturo Alekssandri Palma. Inicjatywa ta pojawiła się jako jeden z czterech projektów przedstawionych tego samego roku przez misję Kemmerera. Misję tę powołał rząd chilijski w trakcie restrukturyzacji systemu monetarnego i finansowego. Na jej czele stanął Edwin Walter Kemmerer, profesor ekonomii Uniwersytetu w Princeton. Projekty nowego prawa walutowego miały na celu stabilizację wartości waluty Chile, opracowanie "złotego standardu" opartego na krajowej jednostce monetarnej, utworzenie Banku Centralnego Chile oraz opracowanie i przyjęcie ogólnego prawa bankowego wraz z prawem ogólnego budżetu. (fragment tekstu)
EN
The Central Bank of Chile was created by Decree Law 486, of 22 August 1925, under the government of President Arturo Alessandri Palma. This initiative arose as one of four projects presented that year by the Kemmerer mission. That mission, which was hired by the government of the time to restructure Chile's monetary and financial system, was headed by Edwin Walter Kemmerer, professor of economics at the University of Princeton. The projects included the monetary law, which sought to stabilize the value of Chile's currency and the gold standard as the basis of the country's monetary unit, the creation of the Central Bank of Chile, the passing of the general banking law and the general budget law. Since 10 October 1989, the Central Bank of Chile is an autonomous entity of technical nature, and has as its purposes to look after the stability of the currency, that is, to keep inflation low and stable over time. The Bank must also promote the stability and efficacy of the financial system and the normal functioning of internal and external payment systems, to generate a predictable environment for decision making of economic agents contributing to reduce the ups and downs of the economic cycles, thus providing a solid basis for the country´s permanent growth. For these purposes, the powers of the Bank include that of regulating the amount of currency and credit in circulation in order to provide an adequate stock of money for individuals, firms and institutions and thus assure their transactions. During the last decade of the 20th century South America countries underwent the process of disinflation and reestablishment of confidence in their own currencies. Most of them adopted the strategy of inflation target. The economy Zbigniew Klimiuk 236 of the continent is involved in the globalization processes through export of raw materials and food, as well as through capital flows what determines the fact that the inflation and interest rates are shaped not only by the internal factors. The purpose of the research (in this case, Chile) is to answer the question whether the decisions concerning the interest rates in the monetary policies of the South America countries are connected with the monetary policy of key economies from outside of the region and also if it is possible to observe a common trend within the continent. (original abstract)
Rocznik
Tom
4
Numer
Strony
235--259
Opis fizyczny
Twórcy
  • Instytut Pracy i Spraw Socjalnych w Warszawie
Bibliografia
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  • Morandé, F. (2002). A decade of inflation targeting in Chile: Developments, lessons and changes. W: N. Loayza, R. Soto (red.), Inflation targeting: Design, performance, challenges (s. 538-626). Santiago: Central Bank of Chile. Pobrano z: https://core. ac.uk/download/pdf/6360131.pdf
  • Morandé, F. Schmidt-Hebbel, K. (2000). Esquemas monetarios alternativos: Una evaluación favorable al peso Chileno. Economía Chilena, 3(1), 57-84.
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171550081

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