Emilio Ocampo on Dollarization and the State of the Argentine Economy

埃米利奥·奥坎波谈美元化和阿根廷经济状况

Macro Musings with David Beckworth

教育

2024-10-14

59 分钟
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单集简介 ...

Emilio Ocampo is a professor of finance and economic history at UCEMA. He has written widely on the Argentine economy and has advised President Javier Milei on economic policy. Emilio joins David on Macro Musings to talk about the current state of the Argentine economy, the present and ongoing reforms of President Milei, and the prospects for dollarization in Argentina.   Transcript for this week’s episode.   Emilio’s Twitter: @ocampo_emilio Emilio’s Substack Emilio’s UCEMA profile   David Beckworth’s Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server!   Join the Macro Musings mailing list! Check out our Macro Musings merch!   Related Links:   *Commitment Devices with Time Inconsistency Disease and Institutional Anomie: The Case of Argentina* by Emilio Ocampo   *Dollarization: A Solution for Argentina* by Emilio Ocampo and Nicolas Cachanosky   *Argentina Scrapped Its Rent Controls. Now the Market is Thriving* by Ryan Dube   Timestamps:   (00:00:00) – Intro   (00:03:58) – Assessing Argentina’s Progress on Lowering Inflation   (00:11:12) – Exploring the Causes of Argentina’s Poor Economic Performance   (00:15:20) – *Commitment Devices with Time Inconsistency Disease and Institutional Anomie*   (00:26:29) – Javier Milei’s Plan to Revive Argentina   (00:31:39) – The Next Steps for Argentine Economic Reform   (00:39:56) – Defining Dollarization and Exploring its Historical Cases   (00:49:33) – Transitioning to Dollarization in Argentina   (00:55:12) – Dollarization Concerns and the Prospects for Dollarization Moving Forward   (00:58:48) – Outro

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  • Welcome to Macro musings, where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past, present and future.

  • I am your host, David Beckwourth, a senior research fellow at the Mercator center at George Mason University.

  • And I'm glad you decided to join us.

  • Our guest today is Emilio Ocampo.

  • Emilio is a professor of finance and economic history at Uzema.

  • He has written widely on the argentine economy and has advised President Javier Millay on economic policy.

  • He joins us today to discuss the current state of the argentine economy, the present and ongoing reforms of President Millay, and the prospects for dollarization in Argentina.

  • Emilio, welcome to the program.

  • Thank you, David.

  • My pleasure to be here.

  • I'm a big fan of micro music, so it's, it's great to be here.

  • Well, thank you for listening and being a fan of the show.

  • It's great to know we got fans in Argentina.

  • Oh, yeah.

  • As well as my only regret is I won't be able to get my mug because I'm far away.

  • We'll make an exception for you since you're fighting a good fight on dollarization down there.

  • We'll make sure you get one as well.

  • Now we talked about your work.

  • Previously on the program.

  • We had your co author and friend Nicholas Kaczynovsky, and you together have written a number of articles, and we talked about a book that you had written together called Dollarization a solution for Argentina.