Recent Publications

 

• “Al explicitar toda una serie de derechos en la Constitución se pone en peligro el libre mercado,” interview in La Tercera, May 23, 2021.

• “Priorities for Central America and beyond,” in Story Partners, April 26, 2021.

• “Settling investment disputes would boost Latin America’s economic recovery,” in Americas Quarterly, April 21, 2021.

• “3 Ways to invest in Latin America to curb migration,” in The Hill, April 15, 2021.

• “Argentina and the IMF: Another default in the works?,” in Americas Quarterly, March 3, 2021.

• “Porzecanski: El nuevo gobierno de Estados Unidos no tendrá carta libre para grandes cambios,” interview in El País, November 9, 2020.

• “Porzecanski: suprimir las presiones devaluatorias con controles sólo posterga el problema,” interview in Ámbito Financiero, September 25, 2020.

• “SIS professor named to White House commission,” in American University News, September 18, 2020.

• “Arturo Porzecanski: es un gran escenario para hacer un papelón o para hacer las cosas bien,” interview in Crónicas, May 22, 2020.

• “Uruguay y el mundo Post Covid-19: escenarios económicos y políticos,” interview in Asuntos Públicos/ReachingU, May 20, 2020.

• “Argentina faces financial crisis of its own creation,” in Financial Times, May 6, 2020.

• “Argentina can stop its march toward default,” in Americas Quarterly, May 6, 2020.

• “Argentina: yet another generalized default?,” in AULA Blog, American University, April 28, 2020.

• “Covid-19: global economic impacts,” interview in SIS Scholars on Covid-19, American University, April 22, 2020.

• “Críticas desde Wall Street a la oferta argentina,” interview in Ámbito Financiero, April 17, 2020.

• “Argentina: amateurismo y escenificación teatral en la gestión de la deuda argentina,” radio interview in Radio Mitre (Pablo Rossi), February 5, 2020.

• “Argentina: el ministro Guzmán está corriendo muy detrás de la pelota,” radio interview in Radio Mitre (Pablo Rossi), January 27, 2020.

• “¿Cuáles son los puntos clave del acuerdo Fase I entre China y EE.UU.?,” interview in CNN en Español, January 15, 2020.

• “EE.UU.: nueva lógica comercial más proteccionista y menos globalista?,” interview in CNN en Español, December 16, 2019.

• “Argentina: no hay un programa económico sino una serie de deseos y directrices,” radio interview in Radio Mitre (Pablo Rossi), December 13, 2019.

• “Argentina in economic crisis: possible solutions,” podcast interview in Natixis LatAm Deep Dive (Benito Berber), December 6, 2019.

• “The PDVSA 2020 bond: time for a solution,” in The Financial Times, November 18, 2019.

• “Hay cosas que sí puede abordar el gobierno, pero de ahí no vendrán las soluciones de fondo,” interview in La Tercera, November 3, 2019.

• “Behind Uruguay's presidential vote,” interview in Latin America In Focus AS/COA Online, October 17, 2019.

• “Argentina fiasco should prompt reflection at the IMF,” in The Financial Times, October 17, 2019.

• “Argentina: a story of divergence,” remarks at panel discussion sponsored by The Essential (gettheessential.com), Washington DC, October 1, 2019.

• “Uruguay’s unexpectedly close elections,” remarks at panel discussion sponsored by the Woodrow Wilson International Center for Scholars, Washington DC, September 24, 2019.

• “Nuevos aranceles de EE.UU. a China, ¿cómo impactarán a los consumidores?,” interview in CNN en Español, August 30, 2019.

• “Argentina: market meltdown can be halted,” in AULA Blog, American University, August 22, 2019.

• “A path to ending Argentina’s market meltdown,” in Americas Quarterly, August 20, 2019, Spanish version in Infobae.

• “¿Qué señales debe mandar Alberto Fernández para calmar a los inversionistas?,” interview in CNN en Español, August 17, 2019.

• “Puerto Rico: understanding the largest default in U.S. municipal finance history,” keynote address at an event sponsored by the Municipal Analysts Group of New York in New York City, May 17, 2019.

• “China vs. Estados Unidos: ¿qué riesgos y oportunidades tiene Beijing?,” interview in CNN en Español, May 17, 2019.

• “Hay riesgo de default porque puede ganar Cristina, afirmó Porzecanski,” interview in Perfil, January 8, 2019.

• “Hay riesgo de estanflación en economía de Estados Unidos,” interview in El País, November 26, 2018.

• “Cómo lidiar con enfermedades raras,” remarks at the Colegio Médico del Uruguay in Montevideo, November 23, 2018.

• “En la bonanza económica se puso de moda repartir plata a los pobres,” interview in Radio Sarandí, November 23, 2018.

• “El gobierno no tuvo una actitud prudente al postergar el ajuste fiscal,” interview in El Observador, November 23, 2018.

• “Economía mundial tiene un panorama de “vacas flacas” con mayoría de escenarios negativos,” interview in Crónicas, November 23, 2018.

• “Argentina: lecciones para hoy del default 2002-2016,” remarks at the Universidad ORT Uruguay in Montevideo, November 22, 2018.

• “Perspectivas para mercados emergentes y Cono Sur en un escenario de incertidumbre,” remarks at the CFA Society Uruguay and Academia Nacional de Economía in Montevideo, November 21, 2018.

• “Human rights and sovereign debts in the context of property and creditor rights,” in Sovereign Debts and Human Rights, edited by Ilias Bantekas and Cephas Lumina, Oxford University Press, 2018.

• “La economía [argentina] se va a reactivar en algún punto de 2019,” interview in La Nación, October 1, 2018.

• “Tres preguntas sobre Argentina,” interview in Funds Society, September 2018.

• “The crisis in Argentina undermines the IMF’s case,” in Financial Times, September 17, 2018.

• “Claves para enfrentar la crisis argentina,” interview in CNN en Español, September 6, 2018.

• “How is Argentina addressing their currency crisis?,” interview in TRT World, September 6, 2018.

• “Argentina: From gradualism to shock therapy,” in AULA Blog, American University, September 4, 2018.

• “Argentina: The downside of gradualism,” in AULA Blog, American University, May 14, 2018.

• “¿Debería haberse calmado el mercado en Argentina tras recurrir al FMI?,” interview in CNN en Español, May 11, 2018.

• “Debunking the relevance of the debt-to-GDP ratio,” in World Economics, January-March 2018.

• “¿Habrá guerra comercial?,” interview in CNN en Español, March 1, 2018.

• “Venezuela: sliding into a generalized default,” in AULA Blog, American University, January 9, 2018.

• “Por qué hay 200 inversionistas de Estados Unidos que piden que Perú no sea admitido en la OCDE,” interview in BBC Mundo, December 5, 2017.

• “Human Rights and Sovereign Debts in the Context of Property and Creditor Rights,” in SIS Working Papers Series, May 1, 2017.

• “El Dr. Arturo Porzecanski analiza la economía estadounidense en los primeros 100 días de gobierno Trump,” interview in Voz de América, April 27, 2017.

• “Sovereign debt restructuring after Argentina,” in Development, April 2017.

• “Promesa de pago hace más cómoda la negociación,” interview in El Vocero, February 10, 2017.

• “The origins of Argentina's litigation and arbitration saga, 2002-2016,” in Fordham International Law Journal, November 2016.

• “Iceland's retreat from financial markets,” panel discussion sponsored by the CATO Institute, Washington, DC, November 7, 2016.

• “Brexit: limited implications for Latin America,” in AULA Blog, American University, October 17, 2016.

• “Iceland's outlook after capital controls,” panel discussion sponsored by EMTA, Reykjavik, Iceland, September 15, 2016.

• “Iceland's selective default?,” panel discussion sponsored by EMTA, New York, NY, June 29, 2016.

• “Iceland's selective default?,” in The Financial Times, June 14, 2016.

• “Impago de Puerto Rico, ¿Una moratoria sin lágrimas?,” interview in CNN en Español, May 2, 2016.

• “Analizan repercusiones para el mercado de bonos,” interview in El Vocero, May 2, 2016.

• “El acuerdo con los holdouts era imprescindible para oxigenar el programa económico,” interview in Infobae, April 22, 2016.

• “Arturo Porzecanski on Brazil Rousseff impeachment,” interview in CCTV, April 18, 2016.

• “Para analistas estrangeiros, crise compromete o futuro,” interview in Jornal O Globo, March 20, 2016.

• “Behind Argentina's making up with its creditors,” in AULA Blog, American University, March 10, 2016.

• “No es momento para hablar de soberanía,” in El Vocero, March 7, 2016.

• “Puerto Rico needs the right kind of financial control board,” in The Hill, February 24, 2016.

• “Peru's Selective Default: A Stain on Its Creditworthiness,” in SIS Working Papers Series, January 28, 2016.

• “Patient Power!,” in NIH MedlinePlus, Winter 2016.

• “Las acciones y bonos de la Argentina están caros,” interview in Infobae, December 12, 2015.

• “Fitch, Moody’s and Standard & Poor’s haven’t learned enough from the financial crisis,” in Forbes, December 9, 2015.

• “Puerto Rico’s fiscal future: What’s next for America’s largest territory?,” panel discussion sponsored by The Hill and The Capitol Forum, Rayburn House Office Building, Washington DC, November 17, 2015.

• “Remarks by Honoree Dr. Arturo Porzecanski,” at the Annual Benefit for ReachingU, Essex House Hotel, New York City, November 11, 2015.

• “Congress shouldn't provide a 'Super Chapter 9' escape for Puerto Rico,” in Forbes, November 6, 2015.

• “Decisão da S&P foi 'lógica', mas antes do que se esperava, diz Porzecanski,” in Valor Econômico, September 9, 2015.

• “Puerto Rico needs an effective financial control board – meaning, not a local one,” in Forbes, September 4, 2015.

• “Amid new austerity measures, Puerto Rico pushes to restructure debt,” interview in PBS NewsHour, August 22, 2015.

• “Inversores esperan buenas señales de los candidatos,” interview in Infobae, August 22, 2015.

• “On Germany Chancellor Angela Merkel's visit to Brazil,” interview in CCTV, August 20, 2015.

• “What a new Argentina could do for Brazil,” in The Financial Times, August 20, 2015.

• “Puerto Rico likely to default on debt payment,” interview in CNN, August 1, 2015.

• “Economista estimó que el último fallo de Griesa simplifica la negociación con los holdouts,” interview in Infobae, June 11, 2015.

• “Puerto Rico needs reform, not bankruptcy,” in Roll Call, June 9, 2015.

• “The origins of Argentina's litigation and arbitration saga, 2002-2014,” in SIS Working Papers Series, May 4, 2015.

• “Will Brazil keep its investment-grade status?,” panel discussion at the Woodrow Wilson International Center for Scholars, in Washington DC, April 17, 2015.

• “Argentina’s fight with America’s courts,” interview in Fusion, April 10, 2015.

• “Why Chapter 9 for Puerto Rico is a bad idea,” in The Hill, April 8, 2015.

• “Argentina is in checkmate and must negotiate a way out,” in The Financial Times, March 27, 2015.

• “Governo nao tem atitude seria, diz Arturo Porzecanski,” interview in Folha de São Paulo, March 18, 2015.

• “Written submission on H.R. 870, the “Puerto Rico Chapter 9 Uniformity Act of 2015,” February 25, 2015.

• “Thinking about Brazil: government spending,” interview for Fecomercio documentary, February 24, 2015.

• “The economic challenges facing Brazil,” interview in CCTV, November 17, 2014.

• “Are BRICS a new platform for global economic governance?,” panel discussion at a Columbia University BRICLab conference in New York, NY, November 14, 2014.

• “The G20 must keep it focused,” in The Financial Times, November 13, 2014.

• “After Argentina: government debt crises, global finance and the law,” remarks at a Georgetown Law School meeting in Washington DC, November 12, 2014.

• “Argentina and the debt default Saga,” remarks at a Johns Hopkins School of Advanced International Studies (SAIS) talk in Washington DC, October 29, 2014.

• “The post-election outlook in Brazil,” interview in CCTV, October 27, 2014.

• “Puerto Rico Needs a Financial Control Board,” in The Hill, October 24, 2014.

• “The role of economic issues in the Brazilian elections,” interview in CCTV, October 6, 2014.

• “Arturo Porzecanski: Uruguay desaprovechó la bonanza,” interview in El País, October 6, 2014.

• “Brasil joga na terceira divisão do comércio mundial,” interview in Folha de São Paulo, October 4, 2014.

• “The Government Development Bank: At the Heart of Puerto Rico’s Financial Crisis,” September 18, 2014.

• “The UN is not the solution for a rogue debtor,” in The Financial Times, September 15, 2014.

• “A Uruguay le conviene tomar la mayor distancia posible de Argentina,” interview in El Observador, September 3, 2014.

• “Arturo Porzecanski: Argentina 'es un buque que se está hundiendo',” interview in El Cronista, September 3, 2014.

• “Brazil’s place in the global economy,” expanded and updated version, in Brazil on the Global Stage: Power, Ideas, and the Liberal International Order, edited by Matthew Taylor and Oliver Stuenkel, Palgrave Macmillan, 2015.

• “Argentina en cesación de pagos,” interview in CNN, July 31, 2014.

• “Argentina: En los círculos financieros hay esperanza,” interview in Infobae TV, July 30, 2014.

• “Argentina: Prospects for a default,” interview in Russia-24 News Channel, July 26, 2014.

• “MuniLand: Focus on Puerto Rico,” interview in Reuters Insider TV, July 17, 2014.

• “Argentina: Burying the hatchet?,” in AULA Blog, American University, June 25, 2014.

• “Argentina pleads its case against 'vulture funds',” interview in BBC World Business Report, June 23, 2014.

• “Argentina: Las repercusiones del discurso de la presidente luego del fallo a favor de los fondos buitres,” interview in Infobae TV, June 17, 2014.

• “Don't cry for rogue debtor Argentina,” in The Financial Times, June 12, 2014.

• “Puerto Rico: Is this any way to run an island?,” op-ed in The Hill, May 29, 2014.

• “Brasil premia Argentina equivocadamente,” op-ed in Folha de São Paulo, April 12, 2014.

• “Não intervenção para todos,” op-ed in Valor, March 20, 2014.

• “Porzecanski vê país [México] em melhor situação [que o Brasil],” interview in Valor, February 6, 2014.

• “Argentina: El plan era sobrevivir hasta el 2015,” interview in Infobae TV, February 3, 2014.

• “Argentina: Estamos en presencia del último acto del experimento kirchnerista,” interview in El País, February 3, 2014.

• “Argentina at the crossroads,” address at a Hudson Institute conference in Washington DC, January 15, 2014.

• “Time to get serious at the IDB,” in The Financial Times, January 13, 2014.

• “Borrowing and debt: How do sovereigns get into trouble?,” in Sovereign Debt Management, edited by Lee C. Buchheit and Rosa M. Lastra, Oxford University Press, 2014.

• “Brazil's place in the global economy,” in Perspectives on the Americas, Center for Hemispheric Policy, University of Miami, December 18, 2013.

• “Argentina v. Holdout Creditors: Applying the Rule of Law to Resolve Debt Default,” remarks at a CATO Institute meeting in Washington DC, December 11, 2013.

• “Arturo Porzecanski on Mexico's energy reform,” interview in CCTV, December 9, 2013.

• “Argentina threw its creditors under the bus,” in The Financial Times, November 12, 2013.

• Expert opinion on the origins and nature of Argentina's default, November 2013.

• “Argentina as a 'bad actor' on the world stage,” remarks at a Heritage Foundation meeting in Washington DC, September 25, 2013.

• “Chile debe tener cautela con las grandes promesas electorales,” interview in Estrategia, July 23, 2013.

• “Mercosur: El emperador desnudo,” op-ed in El País, July 10, 2013.

• “Brazil: A historic opportunity to provide leadership,” keynote address at a seminar sponsored by the Chamber of Deputies in Brasilia, June 13, 2013.

• “Mercosul é uma aposta perdida, diz Porzecanski,” interview in Valor, June 12, and in El Cronista, June 13, 2013.

• “Brasil deve buscar parceiros além do Mercosul,” interview in Agéncia Estado TV, June 11, 2013.

• “Argentina's economy: Endgame scenarios,” keynote address at a Center for Strategic and International Studies (CSIS) meeting in Washington DC, April 2, 2013.

• “Arturo Porzecanski on Argentina debt default,” interview in CCTV, February 28, 2013.

• “Gauging South America's biggest economies,” interview in Al Jazzera English TV, February 12, 2013.

• “Behind the 2012 Greek default and restructuring,” in Sovereign Debt and Debt Restructuring, edited by Eugenio A. Bruno, Globe Business Publishing, 2013.

• “Argentina: Time for a course correction,” address at a Hudson Institute conference in Washington DC, January 23, 2013.

• “La fiesta se acabará el mes que viene,” interview in La Tercera, January 3, 2013.

• “Prosperity through rule of law and sound economics,” in Recommendations for a New Administration, Center for Strategic and International Studies, December 11, 2012.

• “Estados Unidos ingresa en zona de turbulencias con una turbina apagada,” interview in El País, November 19, 2012.

• “A sinking feeling in Argentina,” in Americas Program/VOCES Blog, Center for Strategic and International Studies, November 7, 2012.

• “Argentina's countdown clock,” in Americas Program/VOCES Blog, Center for Strategic and International Studies, July 30, 2012.

• “Mexico's post-election economic challenges,” in Americas Commentary, Center for Strategic and International Studies, July 2, 2012.

• “Las reglas del juego en el mercado de capital mexicano,” keynote address at a LatinFinance conference in Mexico City, June 21, 2012.

• “Uruguay ha sido el gran perdedor del Mercosur,” interview in El País, May 27, 2012.

• “Mexican glassmaker's, court's moves threaten letter, spirit of law,” in The Southeast Texas Record, May 7, 2012.

• “Buenos Aires to Athens: The road to perdition,” in Americas Program Hemisphere Focus, Center for Strategic and International Studies, April 2012.

• “Mexico's retrogression: Implications of a bankruptcy reorganization gone wrong,” in Americas Program Hemisphere Focus, Center for Strategic and International Studies, November 2011.

• “Should Argentina be welcomed back by investors?,” in World Economics, July-September, 2011.

• “Brazil's betting on a global recession,” in Americas Program/VOCES Blog, Center for Strategic and International Studies, September 8, 2011.

• “Las caídas de las bolsas en general no predicen recesiones,” interview in El País, August 15, 2011.

• “¿Qué consecuencias tendrá la histórica decisión de S&P de bajar la calificación de la deuda de EE.UU?,” interview in El Espectador, August 8, 2011.

• “Estados Unidos busca soluciones para enfrentar su déficit fiscal,” interview in El Espectador, July 13, 2011.

• “Corporate workouts in Mexico: The good, the bad and the ugly,” in Issues in International Political Economy, Center for Strategic and International Studies, April 2011.

• Expert testimony on the relationship between Banco de la Nación Argentina and the Republic of Argentina, February 2011.

• “When bad things happen to good sovereign debt contracts: the case of Ecuador,” in Law & Contemporary Problems, Fall 2010.

• “Should Greece default? Lessons from Argentina,” panel discussion at the American Enterprise Institute, November 18, 2010.

• “Es alentador ver que la clase política le presta atención a los mercados,” interview in El Espectador, June 29, 2010.

• “Drop Argentina from the G-20,” in The American (The Journal of the American Enterprise Institute), June 24, 2010.

• Testimony on Argentina's Bond Default before the New York State Senate Standing Committee on Banks, April 23, 2010.

• “Latin America: The missing financial crisis,” in ECLAC Washington Office Studies and Perspectives Series #6 (Santiago, Chile, and Washington, DC: United Nations ECLAC/CEPAL, October 2009).

• “El próximo ministro de Economía deberá prepararse para decir no,” interview in El Observador, July 27, 2009.

• “Sharing the pain,” interview in The Washington Post, February 10, 2009.

• “Los países populistas de latinoamérica serán ignorados por Obama,” interview in Estrategia, January 21, 2009.

• “La culpa de la crisis la tienen los norteamericanos que compraron casas para especular,” interview in Inversor Global, December 2008.

• “No veo que los Kirchner tengan el coraje de admitir sus errores,” interview in El Cronista Comercial, July 15, 2008.

• “Estancamiento en Estados Unidos no marca camino hacia una recesión,” interview in El País, June 16, 2008.

• “The fixed-income market in Uruguay,” in Building Bond Markets in Latin America, edited by Eduardo Borensztein, Kevin Cowan, Barry Eichengreen and Ugo Panizza, MIT Press, 2008.

• “U.S.-Latin America relations: A new direction for a new reality,” a Council on Foreign Relations Independent Task Force Report, (available through Brookings Institution Press as CFR Task Force Report No. 60, May 2008).

• “The constructive role of private creditors,” expanded and updated version, in Dealing Fairly with Developing Country Debt, edited by Christian Barry, Barry Herman and Lydia Tomitova (Malden, MA: Blackwell, 2007).

• “Debt relief by private and official creditors: The record speaks,” in International Finance, Summer 2007.

• “El mercado de renta fija en Uruguay,” in Banco Central del Uruguay Revista de Economía, May 2007.

• “Argentina's mistreatment of foreign investors: A critique of U.S. foreign policy,” PowerPoint presentation, October 11, 2006.

• “Este país [Chile] está estancado en reformas microeconómicas,” interview in El Mercurio, August 13, 2006.

• “The role of professional economists in the financial markets,” unpublished, May 2006.

• “Dealing with sovereign debt: Trends and implications,” in Sovereign Debt at the Crossroads, ed. by Chris Jochnick and Fraser Preston (New York: Oxford Univ. Press, 2006).

• “From rogue creditors to rogue debtors: Implications of Argentina’s default,” in Chicago Journal of International Law, Summer 2005.
• “Wall Street's old guard in emerging markets heads out,” in Dow Jones Newswires, March 11, 2005.
• “The constructive role of private creditors,” in Ethics & International Affairs, September 2003.
• “A critique of sovereign bankruptcy initiatives,” in Business Economics, January 2003.

• “Argentina: The root cause of the disaster,“ in ABN AMRO Emerging Markets Fortnightly, 24 July 2002.

• “Bankruptcy lite,” in The International Economy, Summer 2002.

• “Killing the golden goose,“ in Emerging Markets Investor, November 1999.

• “Achieving stability in Latin American financial markets: Comment,“ in Volatile Capital Flows: Taming Their Impact on Latin America, edited by Ricardo Hausmann and Liliana Rojas-Suárez, IADB, 1996.

• “The international financial role of US commercial banks,” in Journal of Banking and Finance, March 1981.
• “The assessment of country risk: Lessons from the Latin American experience,” in Financing Development in Latin America, ed. by Juan C. Garcia-Zamor and Stewart E. Sutin, Praeger, 1980.
• “Patterns of monetary policy in Latin America,” in Journal of Money, Credit and Banking, November 1979.
• “A comparative study of exchange rate policy under inflation,” in Journal of Developing Areas, January 1978.
• “Política fiscal en América Latina,” an edited volume of readings on fiscal policy in Latin America, CEMLA, 1977.
• “Un análisis de los determinantes económicos de la migración mexicana legal e ilegal hacia los Estados Unidos,” in Demografía y Economía, 1977.
• “Economía monetaria,” a co-edited volume of readings on monetary economics, CEMLA, 1977.
• “The inflationary impact of repetitive devaluation,” in Journal of Development Studies, July 1975.
• “General indirect taxation as a macroeconomic policy instrument,“ in National Tax Journal, December 1974.
• “The natural trade balance,“ in Rivista Internazionale di Scienze Economiche e Commerciali, March 1974.

• “Uruguay's Tupamaros: the urban guerrilla,“ in Praeger Publishers, 1973.