The author no longer works with FRIDE

Guillermo de la Dehesa

Chair, Centre for Economic Policy Research

Degree in Law and Economics from the Universidad Complutense of Madrid.

He has been Adviser of the International Monetary Fund (IMF) on management of external debt and Adviser of the World Bank on trade liberalisation, as well as Adviser of several governments on privatisations.

He developed his professional career in the public sector as Counsellor for Trade of the Spanish Embassy in South Africa, Angola, Mozambique, Madagascar and Zimbabwe; Director of the Foreign Trade Information Centre of the Ministry of Commerce; Director-General of Services and Coordination of the Ministry of Commerce; Secretary-General Technical Expert of Industry and Energy; Director of Management of Foreign Assets and International Relations of the Bank of Spain; Secretary-General of Trade; Secretary of State for Treasury and Secretary of the Economic Affairs Committee. He has also been Deputy Governor of the IMF and the World Bank, and Governor of the Inter-American Development Bank, the Asian Development Bank and the African Development Bank.

In the private sector, he has been Managing Director of the Banco Pastor, Chairman of Gas Madrid, Chairman of Pastor-Alliance, Vice Chairman of Hullas del Coto Cortés and Chairman of Fondos Galicia.

Currently, he is member of the Advisory Board of the Presidency of Banco Pastor, Vice Chairman of Goldman Sachs Europe, Chairman of Plus Ultra, member of the Advisory Board of Unión Fenosa, Campofrío, CGNU and Telepizza.

He collaborates with several non-profit organisations; is Honorary Chairman of the High Council of the Chambers of Commerce, Industry and Navigation; Chairman of the Business Leadership Forum of the Instituto de Empresa; member of the Germán Sánchez Ruipérez Foundation; Chairman of the CEPR in London; member of the Bretton Woods Committee in Washington; Chairman of the Business School ESCP-EAP and Director of the Galicia Institute of Economic Studies.

He has publish 13 books (4 books in English, 8 in Spanish and 1 in Chinese).  Author of more than 300 articles in newspapers and regular economics columnist at  “El País” in Madrid

He is member of the Advisory Committee of FRIDE.


Spoken languages

English, Spanish


Written languages

English, Spanish

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Dear Friends and Colleagues,

FRIDE ceased its think tank activities on 31st December 2015 for economic reasons. The Board of Trustees had to take this difficult decision since, despite many efforts to diversify its funding sources, FRIDE cannot sustain its think tank operations with a view to 2016 and beyond.

Established in 1999, FRIDE has made a major contribution to shape debate on Europe’s external activities in an increasingly challenging international environment. It has covered issues ranging from democracy and human rights to sustainable development, new approaches to multilateral cooperation and security affairs. FRIDE’s long-standing focus on the extended neighbourhood of the European Union proves today all the more relevant given widespread turbulence in the region. FRIDE’s emphasis on the importance of the values framing Europe’s external activities is central to current political debates in Europe and beyond. This shows the need for continued engagement in the pursuit of a common European foreign policy that is both effective and informed by the core values of European integration.

The Board wishes to thank Diego Hidalgo, FRIDE’s founder, for his tireless commitment and very generous support for many years. The Board also wishes to thank FRIDE’s dedicated staff, the members of the Board and the Advisory Committee for their contribution in making FRIDE one of the top foreign policy think tanks in Europe. We are very grateful to all those who have supported FRIDE’s work and projects over the years and we thank the many partners from all parts of the world who have worked with FRIDE on joint initiatives. We hope that FRIDE’s extensive input to the debate on Europe in the world will continue to inform thinking and action at a very critical time for Europe’s future.

The President of the Board


FRIDE cesó sus actividades como think tank el 31 de diciembre de 2015 por razones económicas. El Patronato tuvo que adoptar esta difícil decisión dado que, a pesar de los intensos esfuerzos realizados para diversificar sus fuentes de financiación, FRIDE no puede sostener sus operaciones como think tank a partir de 2016.

Establecido en 1999, FRIDE ha realizado una gran contribución al debate sobre las actividades exteriores de Europa en un ambiente internacional cada vez más complejo. Ha trabajado en temas que van desde la democracia y los derechos humanos al desarrollo sostenible, los nuevos enfoques en la cooperación multilateral y las cuestiones de seguridad. La atención prestada por FRIDE a la vecindad extendida de la Unión Europea durante mucho tiempo prueba ser hoy aún más relevante debido a la turbulencia que azota a la región. El énfasis de FRIDE en la importancia de los valores que enmarcan las actividades exteriores europeas es central en los debates en Europa y más allá. Esto muestra la necesidad de un compromiso continuo con la búsqueda de una política exterior europea común que sea eficaz y esté basada en los principios fundamentales de la integración europea.

El Patronato desea agradecer a Diego Hidalgo, fundador de FRIDE, por su incansable compromiso y muy generoso apoyo a lo largo de tantos años. También quiere expresar su gratitud a la dedicada plantilla, a los propios miembros del Patronato y del Comité Asesor por sus contribuciones para hacer de FRIDE uno de los principales think tanks de Europa en cuestiones de política exterior. Estamos muy agradecidos con todos aquellos que han apoyado el trabajo y los proyectos de FRIDE a través de los años y también damos las gracias a los numerosos socios de todas partes del mundo que han colaborado con FRIDE en iniciativas conjuntas. Esperamos que las extensas aportaciones de FRIDE al debate sobre Europa en el mundo continuará informando el pensamiento y la acción en un momento muy crítico para el futuro de Europa.

El Presidente del Patronato

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