Claudio

Claudio Borio

Head of the Monetary and Economic Department
Monetary and Economic Department

Claudio Borio was appointed Head of the Monetary and Economic Department on 18 November 2013.
At the BIS since 1987, Mr Borio has held various positions in the Monetary and Economic Department (MED), including Deputy Head of MED and Director of Research and Statistics as well as Head of Secretariat for the Committee on the Global Financial System and the Gold and Foreign Exchange Committee (now the Markets Committee). From 1985 to 1987, he was an economist at the OECD, working in the country studies branch of the Economics and Statistics Department. Prior to that, he was Lecturer and Research Fellow at Brasenose College, Oxford University. He holds a DPhil and an MPhil in Economics and a BA in Politics, Philosophy and Economics from the same university. Claudio is 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

Date BIS research papers
May 2010

Attributing systemic risk to individual institutions

BIS Working Papers No 308

Other authors: Nikola Tarashev and Kostas Tsatsaronis

Nov 2009

Ten propositions about liquidity crises

BIS Working Papers No 293

Nov 2009

Unconventional monetary policies: an appraisal

BIS Working Papers No 292

Other authors: Piti Disyatat

Sep 2009

The systemic importance of financial institutions

BIS Quarterly Review September 2009

Other authors: Nikola Tarashev and Kostas Tsatsaronis

Jun 2009

Towards an operational framework for financial stability: "fuzzy" measurement and its consequences

BIS Working Papers No 284

Other authors: Mathias Drehmann

Mar 2009

Assessing the risk of banking crises - revisited

BIS Quarterly Review March 2009

Other authors: Mathias Drehmann

Dec 2008

Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism?

BIS Working Papers No 268

Other authors: Haibin Zhu

May 2008

FX reserve management: trends and challenges

BIS Papers No 40

Other authors: Gabriele Galati and Alexandra Heath

Mar 2008

The financial turmoil of 2007-?: a preliminary assessment and some policy considerations

BIS Working Papers No 251

Mar 2008

FX reserve management: elements of a framework

BIS Papers No 38

Other authors: Jannecke Ebbesen, Gabriele Galati and Alexandra Heath

Date Speeches
10 Feb 2016

The movie plays on: a lens for viewing the global economy

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the FT Debt Capital Markets Outlook, London, 10 February 2016.

03 Feb 2016

Seven don'ts and one hope: The nexus between prudential and monetary policies

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the SUERF-Deutsche Bundesbank-IMFS Conference  on "SSM at 1", Frankfurt, 3-4 February 2016.

24 Nov 2015

Macroprudential policies: What have we learnt?

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the Bank of Italy Conference "Micro and Macroprudential Banking Supervision in the Euro Area", Università Cattolica del Sacro Cuore, Milan, 24 November 2015.

12 Nov 2015

Revisiting three intellectual pillars of monetary policy received wisdom

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the Cato Institute, Washington, DC, 12 November 2015.

09 Nov 2015

Economic Forum: Policy Lessons and the Future of Unconventional Monetary Policy

Panel with Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the Sixteenth Jacques Polak Annual Research Conference: "Unconventional Monetary and Exchange Rate Policies", Washington, DC, 5-6 November 2015.

14 Sep 2015

Challenges for the global economy

Presentation by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the Belgium Financial Forum, Bruxelles, 14 September 2015.

02 Sep 2015

Easing has induced easing

Interview with Mr Claudio Borio, Head of the Monetary and Economic Department (MED), in Börsen-Zeitung, conducted by Mr Mark Schrörs and published on 25 August 2015.

28 Aug 2015

On the centrality of the current account in international economics

Keynote speech by Mr Claudio Borio, Head of Monetary and Economic Department of the BIS, at the ECB-Central Bank of Turkey conference "Balanced and sustainable growth - operationalising the G20 framework", Frankfurt, 28 August 2015.

10 Jul 2015

Credit booms and credit busts

Interview with Mr Claudio Borio, Head of the Monetary and Economic Department, and the Institute for New Economic Thinking (INET), 10 July 2015.

28 Jun 2015

Persistent unusually low interest rates. Why? What consequences?

Presentation on the BIS Annual Report by Mr Claudio Borio, Head of the Monetary and Economic Department, on the occasion of the Bank's Annual General Meeting, Basel, 28 June 2015.