Argentina's Aristotelian Crisis

Harvard Center for International Development

Argentina is currently facing yet another economic crisis. Eduardo Levy Yeyati, Dean of the School of Government at Universidad Torcuato Di Tella in Buenos Aires, believes there are deep roots in Argentina that make the economic crisis Aristotelian in nature. There are both economic and political factors that have contributed to the current fiscal situation, which make it difficult to rectify when considering the impact of shorter election cycles on economic policy strategy. For Argentina to find its way out of this crisis, Eduardo places importance on finding consensus among stakeholders to improve existing policies. In this podcast, Growth Lab research fellow Carolina Pan and Eduardo as they discuss the contributing factors to this economic situation in Argentina and the means by which the country can prevent future crises. https://growthlab.cid.harvard.edu/ Interview recorded on May 8, 2019. About Eduardo Levy Yeyati: Eduardo Levy Yeyati, is the Dean of School of Government of Universidad Torcuato Di Tella in Buenos Aires, and the founder and Academic Director of its Center for Evidence-based Policy (CEPE-Di Tella). He is also principal researcher at Argentina´s National Scientific and Technical Research Council (CONICET), and founding partner of Elypsis, an economic research firm, and a regular consultant for multilateral financial organizations, and public and private institutions. Prior to that, he was an advisor to the Office of the Chief of Cabinet in Argentina (where he led the program Argentina 2030), honorary president of the National Council of Production (which he helped launch in 2016), Director at the Bank of Investment and Trade Credit (BICE), President of the Center for Public Policy (CIPPEC, an Argentine think tank), Head of Latin American Research and Emerging Markets Strategy at Barclays Capital, Financial Sector Advisor for Latin America and the Caribbean at the World Bank, and Chief Economist of the Central Bank of Argentina. A regular consultant for multilateral financial organizations and public and private institutions in developing economies, and a former Senior Fellow at Brookings (2009-2014) and recipient of Harvard´s Robert F. Kennedy Visiting Professorship in Latin American Studies (2006), his academic work on development and emerging market banking and finance is ranked #1 among Argentina´s economists by RePEc´s research database. He is a regular contributor to local and international media. He holds a Ph.D. in Economics from the University of Pennsylvania and a BA in Engineering from Universidad de Buenos Aires. View the transcript for this episode here: https://www.hks.harvard.edu/sites/default/files/centers/cid/files/Transcripts/Transcript-ArgentinaCrisis.pdf