Argentina's Aristotelian Crisis

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.