Searcher
Alvaro Ortiz
Alvaro Ortiz
Chief Economist
Turkey

Álvaro Ortiz is Chief Economist for China,Turkey and Big Data at BBVA Research. He manages the unit  which inplement  the Big Data analysis on Economic, Social and Geopolitical Issues.  He previously worked as Chief Economist Europe, Asia and Middle East at Cemex, Deputy Director of Economic Analysis at Repsol YPF and Head of Latin America at the Economic Research department of Banco Santander.


Mr Ortiz holds a PhD in Economics (Universidad Autonoma de Madrid) and Advanced Diploma in International Economics and Policy Research by The Kiel Institute for World Economics (Germany).


He has published in several academic journals as Economia, the Journal of Lacea, Opec Energy Review, The Service Studies Journal, Bank of Spain working Papers and Moneda y Credito. He usually collaborates in newspapers as El País, El Espectador, El Economista…


He has participated in several conferences at international Think Tanks as Brueguel, Wilton Park, Salzburg Global Seminar, ME Days, IIF.

Latest publications

The Capital Flows to Emerging Markets are normally associated to positive consequences but unfortunately can have perverse effects when they slow down or suddenly stop. A simple model of “Pull & Push” factors can be useful to understand the driver behind the capital flows to EMs both in the past and in the future.
Consumer prices increased by 0.99% mom in September lower than the median consensus (1.38%, Bloomberg and BBVA Research). Hence, annual inflation decreased to one digit level of 9.3% from 15% in August, the lowest level since January 2017. We expect annual inflation to get closer to 12.5% at the end of the year.
On the 70th anniversary of China, violent protests took place in Hong Kong. Meanwhile hope has increased for US-China trade talks. US House announced that would officially launch an impeachment inquiry against Trump. In UK, the Brexit agenda has intensified. Drone attacks against Saudi oil facilities have increased risks.