
Risk contributor Blejer steps down as Argentine central bank governor
Blejer had encountered problems working with Duhalde's economy minister, Roberto Lavagna, reports said. The two were said to have had differences over the central bank's policies to end the economic crisis in Argentina.
Blejer is not the first central bank governor to have resigned following clashes with the ministry of the economy. His predecessor, Roque Maccarone, resigned after only months in the top job.
Blejer's exit comes as the government is struggling to restore emergency IMF aid.
Blejer co-authored an article, 'VAR for central banks', in Risk magazine in October 1998 with Liliana Schumacher, assistant professor at George Washington University. In that paper, he discussed the use of value-at-risk methodology in assessing the commitments of central banks and identifying their vulnerability.
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