Alicia García-Herrero
Alicia García Herrero is a Senior Fellow at Bruegel. She specialises in emerging markets, with a particular focus on Asia and Asia-European Union relations. Trade, finance and banking are the topics she covers most regularly.
She speaks English, Spanish, French, German and Italian. She can also converse in Chinese, Japanese and Portuguese.
She is the Chief Economist for Asia Pacific at French investment bank Natixis, a Board Member of AGEAS insurance group, a non-resident Senior Fellow at the East Asian Institute of the National University Singapore and Adjunct Professor at the Hong Kong University of Science and Technology. She is a Member of the Council of the Focused Ultrasound Foundation and an advisor to the Hong Kong Monetary Authority’s research arm. Previously, she was Chief Economist for Emerging Markets at Banco Bilbao Vizcaya Argentaria and Head of the International Economy Division of the Bank of Spain. Alicia has served as visiting Professor at John Hopkins University, China Europe International Business School and Carlos III University. She holds a PhD in Economics from George Washington University.
Disclosure of interests
Featured work
Public debt dynamics
Productivity and Growth in Asian Economies
Europe needs a broader trade-defence toolkit against a mounting China shock
Growth without profits: how will ‘involution’ in China end?
China’s involution drives price wars and misallocation as even laggards slash prices, propping up zombie firms and stoking trade tensions
All work
External publication
10 February 2026
External publication
10 February 2026
Newsletter
09 February 2026
Working paper
28 January 2026
Growth without profits: how will ‘involution’ in China end?
China’s involution drives price wars and misallocation as even laggards slash prices, propping up zombie firms and stoking trade tensions
First Glance
22 January 2026
Scant benefits for significant risks: price undertakings for Chinese electric vehicles entering Europe
The Commission’s proposed price undertaking system could mean bigger margins for Chinese producers and higher prices for EU consumers
Podcast
21 January 2026
China’s Yuan and Europe’s industry: a growing imbalance
How exchange rates, overcapacity and price divergence are reshaping EU–China trade and why Europe may need new policy tools
Opinion piece
14 January 2026
Dataset
15 January 2026
China economic database
Repository of what we consider to be the most relevant macroeconomic data for China and EU-China relations.
First Glance
05 January 2026
Venezuela: the upending of values and another warning to Europe
Trump's brazen attack on Venezuela presents challenges for China – and opportunities
Opinion piece
04 January 2026