Mario Marcel: Public trust and central banking

Opening remarks by Mr Mario Marcel, Governor of the Central Bank of Chile, at the XXIII Annual Conference of the Central Bank of Chile, Santiago de Chile, 15 July 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
16 August 2019

Dear colleagues and friends, distinguished guests: welcome to the XXIII Annual Conference of the Central Bank of Chile.

Since 1997, the Central Bank of Chile has been convening prominent scholars and policymakers to this Conference to discuss major issues in central banking and their implications for emerging economies. This version is no exception; fresh and thoughtful research will support discussion over the next two days. We thank and welcome all participants, including representatives from 21 central banks around the World.

The Annual Conference this year has some features that make it special. First, it will be held back-to-back with the IMF-CBC-IMFER Summer Conference on "Current Policy Challenges Facing Emerging Markets", so we expect many of you to stay in Santiago longer than usual, for a full week of rich discussions. Second, this year we commemorate 30 years of independence of the Central Bank of Chile, so we have devoted our Annual Conference to revisit the achievements and challenges of central bank independence around the globe.

Central bank independence: achievements, challenges and threats