José Manuel González-Páramo
Expert on European Markets & the Euro
José Manuel González-Páramo
Expert on European Markets & the Euro
Biography
José Manuel González-Páramo is one of the few economists to have real first-line knowledge of the European currency and markets. He served as a member of the executive board of the European Central Bank (ECB) from 2004 to 2012 and was a member of the governing council of the same institution, the Eurosystem’s principal policymaking body.
In both capacities, González-Páramo was actively involved in all the ECB’s policy debates, initiatives, and actions during the most critical years of the euro. He was in charge of designing and implementing innovative, nonconventional monetary policy measures, which led to an expansion of the Eurosystem’s balance sheet three times its original size to over three trillion euros in 2012. He was also a member of the Committee on the Global Financial System of the Bank for International Settlements.
Prior to his appointment to the ECB, González-Páramo was a member of the Bank of Spain’s governing council from 1994 to 2004 and of the bank’s executive committee from 1998 to 2004. He was jointly responsible for setting the policy line on major issues including monetary policy, economic analysis, preparations for the Economic and Monetary Union, and financial supervision and regulation.
José Manuel González-Páramo is currently a visiting professor at IESE Business School in Barcelona, Spain, and has taught and published extensively on public economics, European economics, and macroeconomics.