Aldo Ferrer, Argentine economist, Died at 88


Aldo Ferrer was born on April 15, 1927, and died on March 8, 2016.

He was an Argentine economist and policy maker.

Aldo was one of the leading proponents of economic nationalism in Argentina.

Aldo Ferrer served as adviser to the UN Secretariat as a doctoral student under Professor Raúl Prebisch, and his dissertation, The State and
Economic Development, gained him early repute as a defender of industrial protectionism.

Aldo Ferrer was named economic policy attaché to the Argentine Embassy in London in 1956 and in 1957 co-founded the Argentine Association of Political Economy.

Aldo Ferrer had returned to academia and to his work with CLACSO, writing an economic history, The Postwar (1982), and Living Within Our Means
(1983), an appeal for alternatives to dependence on foreign investment.

After a financial breakdown, Argentina’s last dictatorship called for elections in 1983.

However the winner, Raúl Alfonsín of the centrist Radical Civic Union (UCR), appointed Ferrer President of the Bank of the Province of Buenos Aires, the public, the second-largest bank in Argentina.

Cut off by a shortfall in confidence in the Argentine banking system (whose deposits were dwarfed by Argentine deposits abroad) and growing differences with Alfonsín’s conservative economists, Ferrer resigned in 1987.

Aldo Ferrer passed away at 88 yrs old.