STAFF NOTES: LATIN AMERICAN TRENDS SEPTEMBER 17, 1975[SANITIZED] - 1975/09/17

• Document Type: SPECIALCOLLECTION
• Collection: Argentina Declassification Project - The "Dirty War" (1976-83)
• Document Number (FOIA) /ESDN (CREST): 02692999
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 20
• Document Creation Date: April 3, 2019
• Document Release Date: April 12, 2019
• Publication Date: September 17, 1975

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Latin American Trends
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LATIN AMERICAN TRENDS
CONTENTS
September 17, 1975
Argentina's New Economic Team
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Argentina's New Economic Team
Economy Minister Antonio Cafiero, who has himself
performed impressively during his first month in of-
fice, has chosen an unusually talented group of techno-
crats to be his advisers. The reliable financial week-
ly, Review of the River Plate, has judged that 'this
is as bright apd varied a team as any that has managed
the economy."
Perhaps the most striking of the appointees is
Guido Di Tella, the secretary for economic planning
and coordination. The scion of one of Argentina's
wealthiest industrial families, Di Tella holds a doctor-
ate in economics from the Massachusetts Institute of
Technology, has taught economics at the University of
Buenos Aires, and heads the Torcuato Di Tella Institute,
a prestigious social-science research foundation.
Leopoldo Tettamanti is another well known figure.
He returns to the post of secretary for foreign trade,
which he held under former minister Gelbard. Tettamanti
is a career diplomat, and spent eight years as ambas-
sador to the European Community. These ties may serve
him well in attempting to persuade the Western European
Nine to lift their year-old ban on Argentine beef.
The new head of Argentina's energy programs, Vice
Admiral Pedro Iraolagoitia, is the former director of
the National Atomic Energy Commission. This background
will probably influence him to promote atomic fuel in
preference to other sources of energy.
Argentina's economic problems are primarily polit-
ical in origin and it remains to be seen if these tech-
nocrats, however well qualified professionally, have
the necessary political talent and stamina to maneuver
successfuly. The Review of the River Plate concludes
its appraisal on the worrisome note that "the trouble
is that the economy nearly always does better when it
is left alone, and the brighter the meddler, the worse
the trouble, usually." 3.5(c)
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