La autonomía del Banco de la República

the long version

"This volume traces the history of the 1991 reorganization of Colombia's central bank, resulting from constitutional changes. Perspectives from then Finance Minister R. Hommes, key constitution framers, and central bank technocrats make evident the different interests at stake in the process, the debate that arose around them, and the compromises that were struck to broker an agreement. Although some critics argue that the new bank will not do enough to curb inflation, the general consensus is that it is a modern, efficient institution that stands in solid balance vis-à-vis the government, and that it will improve the country's ability to face new economic challenges"--Handbook of Latin American Studies, v. 57.