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Arturo C. Porzecanski is a Uruguayan-born
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
who has spent his entire adult life in the United States.


Early life

Born (November 2, 1949) and raised in Montevideo, Uruguay, of European Jewish immigrant parents, Porzecanski came to the United States in early 1968 and earned his B.A. degree in economics at
Whittier College Whittier College is a Private university, private Liberal arts colleges in the United States, liberal arts college in Whittier, California. It is a Hispanic-serving institution, Hispanic Serving Institution (HSI) and, as of spring 2024, had 815 ...
(1968-1971) and then his M.A. and Ph.D. in economics at the
University of Pittsburgh The University of Pittsburgh (Pitt) is a Commonwealth System of Higher Education, state-related research university in Pittsburgh, Pennsylvania, United States. The university is composed of seventeen undergraduate and graduate schools and colle ...
(1971-1975).


Financial industry career

After a summer internship as a visiting economist at the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
(1973), and a year-and-a-half stint as a research economist at th
Center for Latin American Monetary Studies
in Mexico City (1975–76), he began his Wall Street career as an international economist and country risk analyst at the Morgan Guaranty Trust Co. of New York, one of the forerunners of today's
JP Morgan Chase JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational finance corporation headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by mark ...
(1977-1989). He went on to become the chief economist at Republic National Bank of New York (1989-1992); chief emerging-markets economist at Kidder, Peabody & Co. (1992-1993); chief economist for the Americas at
ING Group ING Group N.V. () is a Dutch multinational corporation, multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, whol ...
(1994-2000); and chief economist for emerging markets at ABN AMRO (2000-2005). He was recognized in 2005 for his outstanding professional accomplishments on Wall Street and named a "Legacy Laureate" by his alma mater, the University of Pittsburgh.


Academia, think tanks and related

Porzecanski opened up a second act in his professional career in mid-2005 by becoming a full-time university professor of international economics, a shift in professional direction that was part of a generational handover by Wall Street pioneers in emerging-markets research who had also taken early retirement and started out on new career paths. Having taught economics on an adjunct basis at
Columbia University Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
and
New York University New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational ...
, he was a visiting professor of economics at
Williams College Williams College is a Private college, private liberal arts colleges in the United States, liberal arts college in Williamstown, Massachusetts, United States. It was established as a men's college in 1793 with funds from the estate of Ephraim ...
in Spring 2005. He was appointed to the faculty of the
School of International Service The School of International Service (SIS) is American University's school of advanced international study, covering areas such as international politics, international communication, international development, international economics, peace and co ...
at
American University The American University (AU or American) is a Private university, private University charter#Federal, federally chartered research university in Washington, D.C., United States. Its main campus spans 90-acres (36 ha) on Ward Circle, in the Spri ...
as of Fall 2005, first as Scholar of International Finance and then, as of Fall 2007, as Distinguished Economist in Residence. In 2012, he was also named Director of the International Economic Relations M.A. degree program at SIS, a position held until August 2018. In mid-2021, after sixteen years, Porzecanski retired from his full-time faculty appointment. Besides devoting himself to teaching, mentoring and policy-oriented research in his field, Porzecanski has provided expert-witness and other consulting services to law firms and institutional investors, as well as to U.S. government agencies and multilateral organizations. He has also served as a Dispute Resolution Arbitrator for the
Financial Industry Regulatory Authority The Financial Industry Regulatory Authority (FINRA) is a private American corporation that acts as a self-regulatory organization (SRO) that regulates member brokerage firms and exchange markets. FINRA is the successor to the National Associati ...
and was a Senior Associate at the think tank
Center for Strategic and International Studies The Center for Strategic and International Studies (CSIS) is an American think tank based in Washington, D.C. From its founding in 1962 until 1987, it was an affiliate of Georgetown University, initially named the Center for Strategic and Inte ...
during 2007–2013. In July 2020, President
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
appointed Porzecanski to th
President's Advisory Commission on Hispanic Prosperity
Following his retirement from academia, he was named Research Fellow by American University's Center for Latin American and Latino Studies, and Global Fellow (2021-2025) by the think tank The Woodrow Wilson International Center for Scholars.


Patient advocacy

Since late 2005, Porzecanski has struggled with an exceedingly rare illness,
Systemic Capillary Leak Syndrome Capillary leak syndrome, or vascular leak syndrome, is characterized by the escape of blood plasma through capillary walls, from the blood circulatory system to surrounding tissues, muscle compartments, organs or body cavities. It is a phenomenon ...
(SCLS), which left him partially disabled and brought him near death several times. He became an international advocate for those affected by the disease, setting up a website for patients, caregivers and physicians around the world to share information and provide support, and serving as its resident expert. He also persuaded the
National Institutes of Health The National Institutes of Health (NIH) is the primary agency of the United States government responsible for biomedical and public health research. It was founded in 1887 and is part of the United States Department of Health and Human Service ...
to carry out basic biomedical research on this syndrome. In early 2009, Porzecanski was profiled in the Health section of
The Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...
for this initiative and his determination to cope with this life- and limb-threatening illness. His leadership role as a patient advocate was recognized by Whittier College with an Outstanding Alumni Award for Community Impact. In 2016, the National Institutes of Health publicly acknowledged Porzecanski's "indispensable" role in spreading awareness of SCLS and in enabling NIH scientific research on the deadly disease. In 2018, Porzecanski won a lawsuit against the Secretary of the U.S. Health and Human Services Department in U.S. federal court, which overturned a Medicare denial of treatment with
intravenous immunoglobulin Immunoglobulin therapy is the use of a mixture of antibodies (normal human immunoglobulin) to treat several health conditions. These conditions include primary immunodeficiency, immune thrombocytopenic purpura, chronic inflammatory demyelinat ...
(IVIG), a therapy which has become the standard of care for SCLS patients.


Scholarship

Porzecanski has published widely in the fields of international finance and Latin American economics, with scholarly chapters in several edited volumes in economics and law and articles in peer-reviewed journals such as
Business Economics Business economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms wit ...
,
Chicago Journal of International Law Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 census, it is the third-most populous city in the United States after New York City and Los ...

Development
Ethics & International Affairs,
Fordham International Law Journal The ''Fordham International Law Journal'' is a student-run law journal associated with the Fordham University School of Law. According to the Washington and Lee journal rankings, it is the 4th most cited student-edited international and comparativ ...
,
International Finance International finance (also referred to as international monetary economics or international macroeconomics) is the branch of monetary economics, monetary and macroeconomics, macroeconomic interrelations between two or more countries. Internation ...
, Journal of Banking and Finance
Journal of Developing Areas
Journal of Money, Credit and Banking The ''Journal of Money, Credit and Banking'' is a peer-reviewed academic journal covering monetary and financial issues in macroeconomics. It is published by Wiley-Blackwell on behalf of the Ohio State University Department of Economics. The editor ...

Law and Contemporary ProblemsNational Tax Journal
and
World Economics
His only scholarly, sole-authored book, "Uruguay's
Tupamaros The National Liberation Movement – Tupamaros (, MLN-T) was a Marxist–Leninist urban guerrilla group that operated in Uruguay during the 1960s and 1970s. In 1989, the group was admitted into the Broad Front and a large number of its membe ...
: The Urban Guerrilla", a contribution to political science, was published in the United States while he was a 23-year-old graduate student in economics. He was a member of the Board of Directors of th
Tinker Foundation
during 2007-2024, and has been a life member of the
Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank focused on Foreign policy of the United States, U.S. foreign policy and international relations. Founded in 1921, it is an independent and nonpartisan 501(c)(3) nonprofit organi ...
since 1991.Porzecanski in Council on Foreign Relations membership list
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Bibliography

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References

{{DEFAULTSORT:Porzecanski, Arturo C. 1949 births Living people American University faculty People from Montevideo University of Pittsburgh alumni Uruguayan economists Whittier College alumni