Debate Aspen Ideas: “Global economic policy: monetary and fiscal implications”
Aspen Institute España hosted an Aspen Ideas session last Monday, October 9th on “Global economic policy: monetary and fiscal implications” with Claudio Borio, Head of the Monetary and Economic Department, and Ángel Ubide, Head of Economic Research, Global Fixed Income of Citadel Fund, member of the Executive Committee of the Euro50 Group and of the Economic Club of New York. The debate was moderated by Fiona Maharg-Bravo, president of Brunswick Spain and Aspen España Fellow.
He 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.
He is Head of Economic Research, Global Fixed Income at Citadel. Prior to joining Citadel in 2018, Mr. Ubide held senior positions at Goldman Sachs, D.E. Shaw and Tudor Investment Corporation. He began his career as an Economist at the International Monetary Fund (IMF). In parallel to his financial services career, Mr. Ubide has been deeply involved in the global policy discussion, largely as a Senior Fellow at the Peterson Institute for International Economics. He is a member of the Advisory Council on Economic Affairs of the Spanish Government, of the Steering Committee for the Euro 50 Group, of the Advisory Board of Esade EcPol, and of the Economic Club of New York. Mr. Ubide has published extensively on exchange rates, monetary policy, and European policy issues. His book on economics, monetary policy, and markets, The Paradox of Risk, was published in 2017. He has been an economics columnist at El Pais, a Spanish newspaper, since 2001. Mr. Ubide received a bachelor’s degree from the University of Zaragoza in Spain and a Ph.D. in Economics from the European University Institute in Florence, Italy.
She is partner at Brunswick Group in Madrid, specialising in business and strategic communication. She spent her early career in London as an analyst at JP Morgan and the European Bank for Reconstruction and Development, followed by over 13 years as a financial columnist with Reuters Breakingviews in London and Madrid and as a regular contributor on Spanish business for the Economist. More recently she moved in-house to Telefónica where she spent four years as Director of International and Financial Communications. Fiona holds a BA/MA in Political Science and International Relations from the University of Chicago and a diploma in Economics from the University of Cambridge. She is Aspen Institute España Fellow.
Aspen Ideas Program
The Aspen Ideas Program aims to provide a forum for debate on current issues for emerging leaders from different sectors of society, many of whom have already participated in Aspen Spain programs. On the occasion of the publication of books or in the light of current affairs, we bring together groups of 30 people in debates with experts on geopolitics, new technologies, leadership, energy, or international economics. This Program includes several session formats: Aspen Espresso, breakfast debates held between 9 am and 11 am, Aspen Ideas@Lunch, lunch debates held between 2 pm and 4 pm, Aspen Ideas Online, debates held in digital format, and Aspen Ideas Alumni, dinner debates held from 8.30 pm to 10.30 pm for Alumni who have participated in Aspen Seminars.