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The foundation of the Central Bank of Bolivia (1929-1932)

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Abstract:

the objective of this essay is to examine the foundation process of the central bank of bolivia in the context of the banking reforms recommended by the american expert edwin w. kemmerer, and applied since 1929. this essay is divided into three parts: the first presents a global vision of the bolivian economy in the decade of the 1920s; the second one analyzes the foundation of the central bank of bolivia, and the third one studies the effect of the great depression on the central bank regarding the monetary and exchange policies, as well as the relationship between this great crisis and the chaco war.

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