Dr. Monica de Bolle | Institutions and Inflation & Latin-American Economics

In this episode of The Beverage Report Podcast, we are joined by Dr. Monica de Bolle, a distinguished economist with a remarkable journey. From her early exposure to economics through her father’s career at the Brazilian Ministry of Finance and then later the IMF to her PHD at LSE and later research in infectious diseases, Dr. De Bolle’s story offers a unique perspective on the interplay of economics and societal issues.

How do institutional trust and policy reform influence hyperinflation? Can Argentina’s dollarisation plans succeed amidst deep-rooted challenges? And what lessons can economists draw from the pandemic to better prepare for future global crises?

In the first part of our conversation, Dr. De Bolle reflects on her first hand experience with hyperinflation in Brazil, offering insights into the critical role of institutional reforms in addressing systemic economic instability. She evaluates Argentina’s fiscal strategies under its new leadership, the feasibility of dollarisation, and the challenges of mistrust toward the IMF. She also delves into Brazil’s political and economic landscape, examining the implications of President Lula’s renewed focus on poverty reduction programs like Bolsa Família, his stance on international conflicts, and the tensions of balancing fiscal goals with social equity.

The second part of our discussion shifts to public health, where Dr. De Bolle shares her motivation for pursuing research at Harvard Medical School and obtaining a degree in infectious diseases. Drawing on her interdisciplinary expertise, she explores how economists can bridge gaps with scientists to craft effective policies for health crises and climate change. She praises the flexibility and breadth of economics as a tool for addressing real-world challenges, crediting her LSE education for fostering this perspective.

Listen in as Dr. De Bolle unpacks complex issues ranging from Latin America’s economic trajectory to the intersection of economics, public health, and climate science. Her insights offer valuable lessons for anyone interested in understanding the multifaceted challenges shaping our global future.