In recent decades Argentina has experienced significant economic decline, plagued by high inflation, multiple debt defaults, 22 emergency financial programs with the International Monetary Fund, and increasing poverty rates. What explains the country’s poor economic performance, and what are possible solutions to stabilize the economy and foster inclusive and sustainable growth? What are the prospects for the Argentine economy during the run-up to the 2023 presidential election and beyond? The Georgetown Americas Institute welcomed Eduardo Levy Yeyati, GAI visiting fellow and dean of the School of Government at Universidad Torcuato Di Tella, to discuss what to expect from the Argentine economy in the coming months.
Eduardo Levy Yeyati is a visiting fellow with the Georgetown Americas Institute and dean of the School of Government at Universidad Torcuato Di Tella in Buenos Aires and the founder and faculty director of its Center for Evidence-based Policy (CEPE-Di Tella). He is also lead researcher at Argentina's National Scientific and Technical Research Council (CONICET) and founding partner of Elypsis, an economic research firm in Argentina. Prior to that, he was senior adviser to the Office of the Chief of Staff in Argentina (where he led the program Argentina 2030), director at the Bank of Investment and Trade Credit in 2016, head of Latin American Research and Emerging Markets Strategy at Barclays Capital from 2007 to 2010, financial sector adviser for Latin America and the Caribbean at the World Bank from 2006 to 2007, and chief economist of the Central Bank of Argentina in 2002. He was also honorary president of the National Council of Production and CIPPEC, an Argentine think tank. His research focuses on banking, emerging markets finance, monetary and exchange rate policy, international financial architecture, and growth in developing economies. He holds a doctorate in economics from the University of Pennsylvania and a bachelor’s degree in engineering from Universidad de Buenos Aires.
Alejandro Werner is the founding director of the Georgetown Americas Institute and a non-resident senior fellow at the Peterson Institute. He recently completed almost nine years as director of the Western Hemisphere Department at the International Monetary Fund. Prior to that appointment, he was undersecretary of finance and public credit in Mexico’s Finance Ministry and held several positions in that ministry and the Central Bank. He also taught at leading universities in Mexico, Spain, and the United States. He holds a Ph.D. in economics from the Massachusetts Institute of Technology and a B.A. in economics from ITAM.