Emilio Ocampo on Dollarization and the State of the Argentine Economy

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