Lars with Andrius Kubilius, Former Prime Minister of Lithuania and Ingrida Simonyte, Former Minister of Finance of Lithuania.



Markets & Money Advisory is a Copenhagen-based research and advisory company. Founded by international economist Lars Christensen in 2015, its specialty is the interplay of monetary policy, markets and the international economy, with a strong focus on emerging markets.

Building on its consulting services, Markets & Money Advisory will be rolling out a line of research products in 2017 tailored for both policymakers and market participants.



Lars Christensen is a distinctive voice among monetary and emerging market economists.

He accumulated more than 20 years’ experience in the public sector and banking before founding his own consultancy, Markets and Money Advisory, which helps governments around the world craft economic policies.

His no-nonsense, outside-the-box take on the global economy, markets and geopolitics also makes him a sought-after speaker to multinational companies and financial institutions.

Lars made his name with a series of ground-breaking analyses as the Head of Emerging Markets Research at Danske Bank in Copenhagen. In 2006-2008, he warned of an impending economic downturn in Central and Eastern Europe.

Most famously, Lars co-authored the “Geyser Crisis” report of 2006 that nailed its prediction of a financial and economic meltdown in Iceland.

A biographer of Milton Friedman, Lars worked for five years as a policy analyst at Denmark’s Ministry of Economic Affairs (1996-2001). Trained at the University of Copenhagen (M.A. Economics, 1994), he is an internationally recognised specialist on the history of monetary thought and a Senior Fellow at the Adam Smith Institute in London.

The Market Monetarist, which Lars began writing in 2011, has become one of the leading international blogs on monetary policy. It takes its name from a term Lars coined. Market Monetarism is a school of economic thought that emerged in the blogosphere. Its proponents (including Lars) want central banks to target nominal gross domestic product (NGDP), not inflation.

Among Lars’s main interests is monetary policy in commodity exporting countries. He advocates that such states would benefit from introducing an Export Price Norm (EPN), which would peg a country’s exchange rate to the price of the commodity it exports and a basket of currencies. Lars has been advising governments of oil exporting countries on economic matters.

Lars sits the advisory boards of the Maghreb Economic Forum in Tunisia and Swicorp. He writes a weekly column for Iceland’s Fréttablaðið newspaper and is a regular contributor to the Danish business daily Børsen and Geopolitical Intelligence Services.

The world’s main financial media seek out Lars for quotes and commentary, which can be found in the Financial Times, The Telegraph, Bloomberg News, Thomson Reuters and Dow Jones Newswires, among others.