Searcher
Federico Daniel Forte
Federico Daniel Forte
Principal Economist
Argentina

Federico Forte is Principal Economist of BBVA Research Argentina since October 2019. Prior to joining BBVA, he was Advisor to the Governor of the Central Bank of Argentina (BCRA), parliamentary advisor specialized in fiscal issues at the National Congress, and research assistant in the Economics Research team of HSBC Bank Argentina.

Federico is since 2015 professor of Economics at the University of Buenos Aires (UBA). He has also been professor of Monetary Theory and Policy, Macroeconomics and Statistics in undergraduate and graduate courses at UBA and Universidad Torcuato Di Tella.

He is in charge of monitoring the monetary conditions of the Argentine economy and the FX-market.

He holds a bachelor's degree (Magna Cum Laude Honours) and a master’s degree in Economics from University of Buenos Aires.

Latest publications

The COVID-19 pandemic hit Argentina's economy hard, which is in its third consecutive year of recession. With the second wave of contagion in sight, the government is negotiating a new program with the IMF that could be crucial for the country's sustainable growth.
We expect a 13% drop in 2020s GDP. Although activity is slightly improving, high-frequency data is showing a sluggish recovery for 2H20. In 2021, we expect activity to grow by 5.5%. A successful debt negotiation should open a window to carry out structural reforms that lead the country to a sustainable growth path.
The Covid-19 spread, along with the mobility restrictions, hit an economy with a three-year long recession. These facts lead us to expect a “square root” shape to emerge from the crisis in the following quarters, mainly driven by a “statistical rebound” rather than a genuine economic recovery.