Argentina chooses right man at right time to reignite the economy | Joseph Stiglitz
Martín Guzmán is a leading expert on sovereign debt and the problems it can cause
Judging by his appointment of a first-rate economist to his cabinet as minister of economy, Argentina’s new president, Alberto Fernández, is off to a good start in confronting his country’s economic problems. Martín Guzmán, with whom I have frequently collaborated in recent years, is among the world’s leading experts on sovereign debt and the problems it can cause, making him the right person in the right place at the right time.
After completing his PhD at Brown University under Peter Howitt (co-author with Philippe Aghion of seminal work in modern growth theory), Guzmán obtained a coveted position at Columbia University, where he forged an academic career and became an influential expert on crucial policy debates at the domestic and global level. He has testified before the US Congress on Puerto Rico’s debt crisis and spoken at the United Nations about the need for a better international system for resolving sovereign debt crises. In recent years he has divided his time between New York and Argentina, where he is a professor of macroeconomics at the University of Buenos Aires.