September 1, 2001
Domingo Cavallo has held public office on three different occasions, appointed each time at moments of extreme financial stress. In 1982, at the age of 35, he was briefly Central Bank president as Argentina defaulted on its foreign debts. Nine years later, he became Economy Minister and stamped out resurgent hyperinflation by creating the country's currency board. Ten years on, Cavallo is back, this time trying to halt Argentina's slide into default, currency crisis and political upheaval.
In August, LatinFinance Editor John Barham met with Cavallo in his cavernous Economy Minist
Time and the markets will judge Economy Minister Domingo Cavallo's attempt to stabilize the country's fragile finances.