Claudio Borio

Claudio Borio

Deputy Head of Monetary and Economic Department and Director of Research and Statistics
Monetary and Economic Department

Currently Deputy Head of Monetary and Economic Department and Director of Research and Statistics, Bank for International Settlements. At the BIS since 1987, covering various responsibilities in the Monetary and Economic Department including as Head of the Secretariat for the Committee on the Global Financial System and the Gold and Foreign Exchange Committee (now known as Markets Committee). 1985-1987: worked as economist at the OECD in the country studies branch of the Economics and Statistics Department. Prior to that Lecturer and Research Fellow at Brasenose College, Oxford University. Holder of a DPhil and MPhil in Economics and a BA in Politics, Philosophy and Economics from the same university. Author of numerous publications in the fields of monetary policy, banking, finance and issues related to financial stability.


Fields of interest

  • Monetary economics and policy
  • Financial stability
  • Banking and finance

Selected Publications

  • "Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism?", with H Zhu, forthcoming in Journal of Financial Stability, 2011
  • "Implementing a macroprudential framework: blending boldness and realism", Capitalism and Society, Vol. 6, Issue 1, Article 1, 2011
  • "Unconventional monetary policies: An appraisal", with P Disyatat, The Manchester School; Vol. 78, Issue s1, pp. 53-89, September 2010
  • "Global imbalances and financial stability: rethinking the role of international finance", with P Disyatat, Asian Economic Policy Review, Vol. 5, No. 2, pp. 198-216, 2010
  • "Whither monetary and financial stability? The implications of evolving policy regimes", with W White, Monetary policy and uncertainty: Adapting to a changing economy, proceedings of the Jackson Hole Symposium, Federal Reserve Bank of Kansas City, 28-30 August 2003, forthcoming in Journal of Financial Stability