Francois de Soyres

Principal Economist at Federal Reserve Board Of Governors

François de Soyres is a Principal Economist in the International Finance division of the Federal Reserve Board. He was previously with the World Bank, in the Chief Economist Office for Middle East and North Africa as well as the Macroeconomics, Trade and Investment global practice. He has written research and policy papers on the consequences of Global Value Chain participation, exploring different macroeconomic aspects such as the transmission of shocks and synchronization of business cycles across countries, the sensitivity of exports to devaluations or the global impact of regional trade agreements. In 2019, he was a core team member for the World Development Report on Global Value Chains and lead the chapter on macroeconomics consequences. He has also worked extensively on the consequences of the Belt and Road Initiative and the systemic impact of transport infrastructure investments for the reallocation of comparative advantage across countries. Before joining the World Bank, he worked at the European Central Bank and held several visiting positions in the United States Federal Reserve System. He holds a PhD in economics from the Toulouse School of Economics and two Masters of Engineering from Columbia University and Ecole Centrale Paris Website: