About Ulrik Harald Bie

Ulrik Harald Bie is a seasoned economist with experience from both the public and private sector, having served as Chief Economist of Nykredit (Denmark) and at the Institute of International Finance (Washington, DC). Ulrik has covered US economic and political issues since 2003; first as Finance Attaché at the Royal Danish Embassy in Washington, DC, and later at Nykredit and the IIF. Ulrik has also covered the euro area and the UK extensively and has lately worked on broader economic, political, and geopolitical trends, bringing together a range of perspectives. Ulrik received both his Master of Science and Bachelor of Arts degrees in Economics from the University of Copenhagen.

 

Ulrik has participated in hundreds of client meetings and large presentations and is an experienced conference speaker. Ulrik regularly appears in Danish media, particularly television and radio.

 

Contact:

Phone: +45 2967 2786

E-mail: ulrik@bieresearch.com

Skype: live:ulrik_bie

Philosophy

We live in a time of incredible change. Technological advances have erased the lines between home and workplace and even borders between countries, allowing for a truly global economy. The admission of China into the WTO and the rapid rise of emerging markets have created a new set of global dynamics where prices on goods and increasingly on services are defined by global rather than domestic forces. The financial crisis has amplified the individualist streak in the young generations, as governments proved unable to respond forcefully to the high rate of youth unemployment and the hollowing out of the middle class.

 

Many economists continue to view economic models as the holy grail – as an end rather than a means. But with changing structures, the fundamental assumption that all other is equal is often no longer reliable. Behaviour is changing, labour markets no longer stop at the border, and price setting is for the few, not the many. I believe that economists play an important role in trying to decipher how all these changes are affecting us as consumers, workers and corporations. The interaction with the political system and government policies constitutes extra uncertainties that must be taken into account when viewing both business cycles and longer-term potentials. Without a holistic (and humble) approach to the discipline of economics, economists become incapable of answering the big questions that confront us all.