Did Argentina Have a Currency Board in the Mid 1880s?

Adria Haimann
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Adria Haimann: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 4, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: My research was part of a larger project to determine how currency board monetary systems have performed. The goal was to find information about the note issue of Argentina’s Banco de la Provincia in the mid 1800s in order to determine if Argentina had a currency board system. I also tried to find answers to the questions of why the note issue arrangement was established, how it worked organizationally and why it was replaced. The majority of the information I found came from the book El Banco de la Provincia by Osvaldo Garrigos. Other accounts of this period include Straining at the Anchor: The Argentine Currency Board and the Search for Macroeconomic Stability by Gerardo della Paolera and Alan Taylor and La economía argentina en el largo plazo by Roberto Cortés Conde, but they are less detailed in their descriptions of the history of the Banco de la Provincia.

Pages: 9 pages
Date: 2013-03
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