
Biagio Bossone
Biagio Bossone is an adviser to international organisations (such as the African Development Bank, Bank for International Settlements, International Monetary Fund, Iosco and World Bank), government agencies and financial institutions. He is a former coordinator and expert for the Public Investment Evaluation Unit of Italy’s Presidency of the Council of Ministers, and a former commercial banker and central banker. He has served as an executive director at the World Bank Group, executive board member at the IMF, general accountant and director-general of budget and finance for the government of Sicily, a member of the G10 and European central banking working groups and task forces, head of international payments at the Bank of Italy, an expert for the High-Level Commission on World Bank Reform, and professor at the Universities of Palermo and Salento in Italy. He is (co-)author of several studies on economics and finance.
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Articles by Biagio Bossone
Rewriting the monetary balance sheet
Biagio Bossone and Massimo Costa write that a new accounting approach is needed for central banks and commercial money in the digital age
US dollar dominance: beyond the ‘exorbitant privilege’
Biagio Bossone argues that dollar ‘seigniorage’ extends into the very structure of global finance and its ‘exorbitant privilege’ is worth up to $804 billion annually
The interest rate dilemma in an uncertain world: a balancing act
Biagio Bossone makes the case for a holistic policy approach that includes extending IT tolerance bands, smart fiscal policies, supply-side reform and financial safeguards
How AI is shaping the future of payment system oversight
Biagio Bossone explains that sound AI policies can be a powerful ally supporting financial stability
Profit inflation and monetary policy: weighing the evidence
Biagio Bossone says profit inflation needs monetary ‘fuel’ to rise – but fiscal policy is the best fix, should governments have the ‘guts’
Central banks, FMIs and the ‘green’ agenda
Collective efforts are needed to transform the environmental footprint of payment networks, writes Biagio Bossone