Arturo C. Porzecanski
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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 (Whittier Academy (1887–1901)) is a private liberal arts college in Whittier, California. It is a Hispanic Serving Institution (HSI) and, as of fall 2022, had approximately 1,300 (undergraduate and graduate) students. It was ...
(1968-1971) and then his M.A. and Ph.D. in economics at the
University of Pittsburgh The University of Pittsburgh (Pitt) is a public state-related research university in Pittsburgh, Pennsylvania. The university is composed of 17 undergraduate and graduate schools and colleges at its urban Pittsburgh campus, home to the universit ...
(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, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
(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. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the wo ...
(1977-1989). He went on to become the chief economist at
Republic National Bank of New York Republic New York Corporation was the holding company for Republic National Bank of New York, Safra Republic Holdings, and Safra Republic Bank. The company was controlled by billionaire Edmond Safra, who was killed in a fire in his Monte Carlo ...
(1989-1992); chief emerging-markets economist at Kidder, Peabody & Co. (1992-1993); chief economist for the Americas at
ING Group The ING Group ( nl, ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale bankin ...
(1994-2000); and chief economist for emerging markets at
ABN AMRO ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizat ...
(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 (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
and
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...
, 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. It was established as a men's college in 1793 with funds from the estate of Ephraim Williams, a col ...
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 c ...
at
American University The American University (AU or American) is a private federally chartered research university in Washington, D.C. Its main campus spans 90 acres (36 ha) on Ward Circle, mostly in the Spring Valley neighborhood of Northwest D.C. AU was charte ...
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. CSIS was founded as the Center for Strategic and International Studies of Georgetown University in 1962. The center conducts polic ...
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 served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...
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 by the think tank
The Woodrow Wilson International Center for Scholars The Woodrow Wilson International Center for Scholars (or Wilson Center) is a quasi-government entity and think tank which conducts research to inform public policy. Located in the Ronald Reagan Building and International Trade Center in Wash ...
.


Patient advocacy

Since late 2005, Porzecanski has struggled with an exceedingly rare illness, Systemic Capillary Leak Syndrome (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, commonly referred to as NIH (with each letter pronounced individually), is the primary agency of the United States government responsible for biomedical and public health research. It was founded in the late ...
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'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large nati ...
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 or NHIG) to treat several health conditions. These conditions include primary immunodeficiency, immune thrombocytopenic purpura, chronic inflammatory dem ...
(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 with ...
,
Chicago Journal of International Law The ''Chicago Journal of International Law'' is a semiannual, student-edited law review published by the University of Chicago Law School since spring 2000. The journal publishes articles covering international law, international relations, and re ...

Development
Ethics & International Affairs ''Ethics & International Affairs'' is a quarterly peer-reviewed academic journal covering ethical aspects of international relations. It was established in 1987 and is published by Cambridge University Press on behalf of Carnegie Council for Eth ...
,
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 comparati ...
,
International Finance International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. Inter ...
,
Journal of Banking and Finance The ''Journal of Banking and Finance'' is a peer-reviewed academic journal covering research on financial institutions, capital markets, and topics in investments and corporate finance. In 1989 the journal absorbed ''Studies in Banking & 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 edi ...

Law and Contemporary ProblemsNational Tax Journal
and
World Economics
His only scholarly, sole-authored book, "Uruguay's
Tupamaros The Tupamaros – National Liberation Movement ( es, Movimiento de Liberación Nacional – Tupamaros, MLN-T), widely known as Tupamaros, was a Marxist-Leninist urban guerrilla group in Uruguay in the 1960s and 1970s. The MLN-T is inextricab ...
: 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 has been a life member of the
Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, mi ...
since 1991, as well as a member of the Board of Directors of th
Tinker Foundation
since 2007.Porzecanski in Tinker Foundation Board of Directors list
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Bibliography

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References

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