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
Jan 2016

Labour reallocation and productivity dynamics: financial causes, real consequences

BIS Working Papers No 534

Other authors: Enisse Kharroubi, Christian Upper and Fabrizio Zampolli

Oct 2015

Capital flows and the current account: Taking financing (more) seriously

BIS Working Papers No 525

Other authors: Piti Disyatat

Oct 2015

The influence of monetary policy on bank profitability

BIS Working Papers No 514

Other authors: Leonardo Gambacorta and Boris Hofmann

Mar 2015

The costs of deflations: a historical perspective

BIS Quarterly Review March 2015

Other authors: Magdalena Erdem, Andrew Filardo and Boris Hofmann

Aug 2014

The international monetary and financial system: a capital account historical perspective

BIS Working Papers No 457

Other authors: Harold James and Hyun Song Shin

Aug 2014

The international monetary and financial system: its Achilles heel and what to do about it

BIS Working Papers No 456

Feb 2014

A parsimonious approach to incorporating economic information in measures of potential output

BIS Working Papers No 442

Other authors: Piti Disyatat and Mikael Juselius

Jan 2014

Monetary policy and financial stability: what role in prevention and recovery?

BIS Working Papers No 440

Apr 2013

The Great Financial Crisis: setting priorities for new statistics

BIS Working Papers No 408

Feb 2013

Rethinking potential output: embedding information about the financial cycle

BIS Working Papers No 404

Other authors: Piti Disyatat and Mikael Juselius

Date Speeches
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.

09 Apr 2015

The international monetary and financial system: Its Achilles heel and what to do about it

Presentation by Mr Claudio Borio, Head of Monetary and Economic Department of the BIS, at the INET conference "New Economic Thinking: Liberté, Égalité, Fragilité", Paris, 9 April 2015.

13 Aug 2014

Macroprudential frameworks: (too) great expectations?

Contribution by Mr Claudio Borio, Head of the Monetary and Economic Department of the Bank for International Settlements, to the 25th anniversary edition of Central Banking Journal, originally published on 5 August 2014.

09 Nov 2012

On time, stocks and flows: Understanding the global macroeconomic challenges

Essay prepared for a lecture by Claudio Borio, Deputy Head of Monetary and Economic Department and Director of Research and Statistics of the Bank for International Settlements, at the Munich Seminar series, co-organised by the University of Munich, the Ifo Institute for Economic Research and the Sueddeutsche Zeitung, Munich, 15 October 2012.