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

Industrial Production (IP) grew by 8.6% yoy in calendar adjusted terms, surprising expectations on the upside in December (7% BBVA Research vs. 6.6% market median). Thus, IP growth accelerated to 5.8% yoy in 4Q19 after its yearly contraction of 0.5% in 3Q19. 2019 GDP growth will likely be materialized at above 0.5% yoy.
The coronavirus hits China, becomes an international emergency and worries markets. Trump revealed peace plan to end the Israeli-Palestinian conflict which did not please all countries. New regime offensive in Syria. UK leaves EU. Putin proposes constitutional reforms. Trump signed phase one of the trade deal with China.
Recent policy impulses could support the acceleration in the economic activity further. We upgrade our GDP growth to 0.8% and 4% for 2019 & 2020 respectively with a higher support from Domestic Demand.