Claudio Borio

Claudio Borio

Formal First Name

Claudio Borio is Head of the Monetary and Economic Department at the Bank for International Settlements, a bank for central banks known as the oldest global financial institution of international law. Prior to his current role, he held various positions in the Monetary and Economic Department, 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. Previously, he was an economist at the OECD where he worked in the country studies branch of the Economics and Statistics Department. Before that, he was Lecturer and Research Fellow at Brasenose College, Oxford University. Claudio is author of numerous publications in the fields of monetary policy, banking, finance and issues related to financial stability.

Professional Experience

Academic History


  • Promoting Global Monetary and Financial Stability: The Bank for International Settlements after Bretton Woods, 1973–2020 (2020)

  • Monetary Alternatives: Rethinking Government Fiat Money (2017)

  • What Have We Learned?: Macroeconomic Policy after the Crisis (The MIT Press) (2014)

  • Rediscovering the Macroeconomic Roots of Financial Stability Policy: Journey, Challenges, and a Way Forward (2011)

  • The Past and Future of Central Bank Cooperation (Studies in Macroeconomic History) (2008)

  • Market Discipline Across Countries and Industries (MIT Press) (2004)

  • Monetary Policy and Uncertainty: Adapting to a Changing Economy (2003)