Guonan Ma

Guonan Ma

Monetary and Economic Department, BIS Representative Office for Asia and the Pacific

Dr Guonan MA is a senior economist at the Representative Office for Asia and the Pacific of the Bank for International Settlements (BIS). Before joining the BIS in 2001, he worked as a chief North Asia economist for ten years at various investment banks, including Merrill Lynch, Salomon Smith Barney and Bankers Trust. Prior to his investment bank career, he was a lecturer of economics and research fellow at the Australian National University for four years following the completion of his Ph.D. in economics at the University of Pittsburgh (1990). Dr Ma was born in China where he obtained his undergraduate degree at Beijing University (1982). Guonan Ma has many publications on the Asian and Chinese economies and financial markets over the years.


Fields of interest

  • International economics
  • Developing Asia
  • Financial markets

Selected Publications

  • "The evolving renminbi regime and implications for Asian currency stability", G Ma and R McCauley, Journal of The Japanese and International Economies, No 25, pp 23-38, March 2011.
  • "Renminbising China's Foreign Assets", YW Cheung, G Ma and R McCauley, Pacific Economic Review, Vol 16, No 1, pp 1-17, January 2011.
  • "China's high saving rate: myth and reality", G Ma and Y Wang Yi, International Economics, No. 122, pp 5-40, December 2010.
  • "The efficacy of China's capital controls - Evidence from price and flow data", G Ma and R McCauley, Pacific Economic Review, Vol 13, No 1, pp 104-123, January 2008.
  • "Who pays China's bank restructuring bill?", G Ma, Asian Economic Papers, 6 (1), pp 46-71, Winter, MIT Press, Cambridge, February 2007.