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Marcos Dal Bianco
Marcos Dal Bianco
Chief Economist
Argentina

Marcos Dal Bianco is since July 2019 Chief Economist at the Argentine Unit of BBVA Research. Previously, he has been Principal Economist at the Argentine Unit, Senior Economist at Financial Scenarios Unit in Madrid, Spain; and Research Assistant at the Department of Economics of IAE Business School.


Marcos is since March 2017 Professor of Monetary Theory and Policy at the University of Buenos Aires, and has been Professor of Macroeconomics, Econometrics and Microeconomics in undergraduate and graduate courses at various Universities in Argentina and Spain (UBA, U. Di Tella, U. Miguel Hernández, U. of Alicante, IAE Business School), and has participated as expositor and commentator in academic conferences.


He has obtained the Bachelor in Economics in 1999 and a Master in Economics in 2008 at the University of Buenos Aires, Argentina, and obtained the Master in Economics in 2006 and the PhD in Economics in 2010 at the University of Alicante, Spain. He is author of several papers in applied economics published in international journal as the “Journal of International Money and Finance”, “Emerging Markets Finance and Trade” and “Economics Letters”. He is also member of the Argentine Association of Political Economy.

Latest publications

We maintain our GDP forecast fall of 1.2% in 2019, which will grow quarterly form 2Q-19 due to the recovery of agricultural campaign and the reduction of FX market tensions. By 2020, the economy will have processed the tensions caused by the electoral uncertainty and will grow by 2.5% as private domestic demand recovers.
We revised slightly to the downside the growth of 2019 to -1.2% due to the prolongation of the monetary astringency, maintaining the vision of a positive quarterly growth since 1Q19. Inflation will fall more gradually than expected, reaching 35% YoY due to the volatility of the exchange rate and the higher indexation of the economy.
The currency crisis of 2018 derailed both the gradual fiscal approach and the inflation targets, and drastically changed the 2019 outlook. The key questions are whether there be a turnaround in activity and inflation, and who the next President will be.