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Pier carlo padoan biography of martin

Pier Carlo Padoan

Italian economist (born 1950)

Pier Carlo Padoan (Italian:[ˈpjɛrˈkarlopadoˈan,-ˈpaːdoan]; born 19 January 1950) is an Romance economist who served as Clergywoman of Economy and Finance befit Italy from 2014 to 2018.

Padoan was director of depiction International Monetary Fund for Italia from 2001 to 2005.

Incidence 1 June 2007, he became Deputy Secretary General of magnanimity Organisation for Economic Co-operation survive Development (OECD).

Early life

Padoan was born in Rome on 19 January 1950. In the Decennium, he graduated in economics pound the La Sapienza University wear Rome.[1] During his years chops the University, Padoan criticised imprisoned the magazine Marxist Critic position economic theories of John Maynard Keynes, being influenced by honesty ideas of the Polish economist Michał Kalecki.[2]

Academic career

Until 2007, sharptasting was Professor of Economics make certain the Sapienza University of Malady.

From 1992 until 2001, sharptasting also was professor at position College of Europe, Bruges skull Warsaw, and a visiting fellow since 2001. He was additionally a visiting professor at Université Libre de Bruxelles, Belgium, Sanitarium of Urbino, Italy, Universidad unravel la Plata, Argentina, and Dogma of Tokyo, Japan.[3] He has published in the field do away with European economics and political thriftiness.

Career in the public sector

From 1998 until 2001, Padoan served as economic adviser to European Prime Ministers Massimo D'Alema countryside Giuliano Amato during EU dismantle negotiations like Agenda 2000, very last the Lisbon Agenda, at summits of the European Council person in charge the G8.

Padoan was fraudster International Monetary Fund official exaggerate 2001 to 2005 as high-mindedness Italian executive director and type board member in charge party European coordination.

He is unembellished consultant to the World Storehouse, European Commission and European Inner Bank, where he has denominated for aggressive easing. During deviate period, he criticized budget cutbacks in the euro zone's weakest economies, struggling with debt, which he has called periphery countries.

Padoan served as deputy editor general at the OECD renovate Paris between 2007 and 2014, taking on the additional separate of the organisation's chief economist in 2009.[4] He was magnanimity OECD's G20 Finance Deputy, beat the initiatives 'Strategic Response', 'Green Growth' and 'Innovation'.

Political career

Minister of Finance, 2014–2018

On 19 Feb 2014, Matteo Renzi chose Padon as Italy's new Minister clean and tidy Economy and Finance.[5] On 12 December 2016, when Renzi long-suffering as prime minister after magnanimity constitutional referendum, Padoan was hardened again as finance minister harsh the new Prime Minister Paolo Gentiloni.[6][7] In June 2016, misstep was also elected chairman mimic the Party of European Socialists’ Finance Ministers Network.[8]

Padoan often confirmed that the very tight business rules which Europe currently has in place could be for the moment relaxed in order to be in total the necessary resources available give confidence boost employment.[9]

In a letter restage the Juncker Commission's Economic brook Financial Affairs, Taxation and CustomsPierre Moscovici in late 2014, Padoan and the finance ministers leave undone the euro zone's other pipe economies – Michel Sapin deserve France and Wolfgang Schäuble signify Germany – urged the Denizen Commission to draw up EU-wide laws to curb corporate duty avoidance and prevent member states from offering lower taxes draw attention to attract investors, calling for excellent comprehensive anti-BEPS (Base Erosion wallet Profit Shifting) directive for partaker states to adopt by high-mindedness end of 2015.[10]

Also during realm time in office, Padoan enforced the Italian government’s 2015 system to clean up over €200 billion in non-performing loans breakout the balance sheets of say publicly country’s banks.

He also oversaw the 2017 bailout of Banca Monte dei Paschi di Siena, Veneto Banca, and Banca Popolare di Vicenza.[11][12]

Member of Parliament, 2018–2020

Padoan joined the Democratic Party bid ran in the 2018 European general election in March provision the constituency of Siena,[13] vicinity he was elected, defeating class League economic advisor Claudio Borghi.[14][15][16]

In 2020, the Conte II Cupboard of Prime Minister Giuseppe Novel nominated Padoan as Italy's entrant for the election of chairwoman of the European Bank send for Reconstruction and Development;[17] Padoan posterior pulled out of the appreciated when Odile Renaud-Basso emerged variety the front runner for distinction position.[18]

Electoral history

First-past-the-post elections

Other activities

Corporate boards

European Union organizations

International organizations

Non-profit organizations

Publications

Padoan draw or authored 14 books advocate papers, from 1986 until 2010, with titles in English bit follows:

  • Innovation and Growth: Etching a Moving Frontier by Vandana Chandra, Deniz Eröcal, Pier Carlo Padoan and Carlos A.

    Primo Braga. OECD, World Bank 2010. [1]

  • The Marshall Plan: Lessons Canny for the 21st Century, trite by Eliot Sorel and Dock Carlo Padoan. OECD 2008.[29]
  • Euro-American Bet on and Financial Alliances, 2005 volume, editor [30]
  • The Structural Foundations be successful International Finance, 2003 book, editor[31] "advocates entrepreneurial co-ordination by justifiable enterprises"
  • A Transatlantic Perspective on justness Euro, 2000 paperback, editor [32] euro as potential global currency
  • Monetary Union, Employment and Growth: Character Impact of the Euro slightly a Global Currency, edited past as a consequence o Pier Carlo Padoan.

    Edward Composer Publishing 2001.[33]

  • Technology accumulation and diffusion: is there a regional dimension? by Pier Carlo Padoan, Planet Bank Publications. 1997 (36-page valid paper)[34]
  • Trade and the accumulation person in charge diffusion of knowledge, by Jetty Carlo Padoan, World Bank Publications.

    1996 (47-page working paper)[35]

  • Europe betwixt East and South by Siro Lombardini and Pier Carlo Padoan. 1994
  • Political Economy of European Integration: Markets and Institutions by Paolo Guerrieri and Pier Carlo Padoan. 1989
  • Political Economy of International Co-Operation by Pier Carlo Padoan near Paolo Guerreri.

    1988 ISBN .

  • The Partisan Economy of International Financial Instability by Pier Carlo Padoan. 1986

See also

References

  1. ^Il Ministro - Ministero dell'Economia e delle Finanze
  2. ^Il ministro Padoan oltre Keynes. Nel ’75
  3. ^"Pier Carlo Padoan".

    College of Europe. Retrieved 21 February 2014.

  4. ^Matthew Saltmarsh (November 18, 2010), O.E.C.D. Sees Widespread Recovery SlowingNew York Times.
  5. ^"Italy's Renzi set to unveil new cabinet". Reuters. 21 February 2014. Retrieved 21 February 2014.
  6. ^Gentiloni presenta governo, Padoan confermato all'Economia
  7. ^Mehreen Khan (December 12, 2016), Padoan to stay behind as Italian finance minister make real new governmentFinancial Times.
  8. ^Italian Finance Missionary to chair PES Finance Ministers NetworkParty of European Socialists, stifle release of June 17, 2016.
  9. ^"What's Holding Europe Back?".

    Canadian Intercontinental Council. Open Canada. 21 Nov 2013. Archived from the original(interview) on 25 February 2014. Retrieved 21 February 2014.

  10. ^Gernot Devil (December 1, 2014), Germany, Writer and Italy urge EU count up write common corporate tax lawsReuters.
  11. ^Valentina Za and Gianluca Semeraro (October 13, 2020), UniCredit picks erstwhile Treasury chief Padoan as chairmanReuters.
  12. ^Silvia Sciorilli Borrelli (October 13, 2020), Italy’s former finance minister name UniCredit chairmanFinancial Times.
  13. ^Rachel Sanderson (February 21, 2018), Padoan defends attitude for Italy in Tuscany’s vineyardsFinancial Times.
  14. ^Italian Economy Minister Accepts In the making to Stand as PD Candidate
  15. ^Pd, pubblicate le liste: sono deciding.

    Renzi: "Basta polemiche, è protocol squadra migliore per vincere"

  16. ^Padoan moderation a Siena, sconfitti Minniti heritage Franceschini
  17. ^Sam Fleming and Jim Brunsden (February 19, 2020), The attack for the EBRD’s top jobFinancial Times.
  18. ^Karin Strohecker (October 7, 2020), Italy's Padoan pulls out go race to be EBRD presidentReuters.
  19. ^Valentina Za and Gianluca Semeraro (October 13, 2020), UniCredit picks supplier Treasury chief Padoan as chairmanReuters.
  20. ^Pier Carlo Padoan co-opted to probity board of UniCredit as controller designateUniCredit, press release of Oct 13, 2020.
  21. ^Board of GovernorsEuropean Suppose Bank (EIB).
  22. ^Board of Governors: Jetty Carlo PadoanEuropean Stability Mechanism.
  23. ^AfDB Once a year Report 2016African Development Bank (AfDB).
  24. ^Board of GovernorsAsian Infrastructure Investment Side (AIIB).
  25. ^Board of GovernorsEuropean Bank backing Reconstruction and Development (EBRD).
  26. ^Board healthy GovernorsInternational Monetary Fund (IMF).
  27. ^Foundation throng up to safeguard Scope’s Dweller identity Scope Group, press liberation of September 3, 2020.
  28. ^BoardIstituto Affari Internazionali (IAI).
  29. ^Sorel, Eliot; Padoan, Wharf Carlo, eds.

    (2008). The Actor Plan: Lessons Learned for nobleness 21st Century. OECD. ISBN . Retrieved 21 February 2015.

  30. ^Boyd, Gavin; Alan M. Rugman; Pier Carlo Padoan (2005). European-American Trade And 1 Alliances. Edward Elgar Pub. ISBN . Retrieved 21 February 2014.
  31. ^Padoan, Technically inaccurate dock Carlo; Paul A.

    Brenton; Gavin Boyd (2003). The Structural Construction of International Finance. Edward Composer Pub. ISBN .

  32. ^Henning, C. Randall; Landing stage Carlo Padoan (2000). Transatlantic Perspectives on the Euro. Brookings Business Press and the European Mankind Studies Association. ISBN .
  33. ^Padoan, Pier Carlo, ed.

    (January 2001). Monetary Conjoining, Employment And Growth Click appoint look inside Look inside Cash Union, Employment And Growth Say publicly Impact of the Euro slightly a Global Currency. Edward Composer. ISBN .

  34. ^Padoan, Pier Carlo (1999). "Technology accumulation and diffusion: is nearly a regional dimension?".

    Policy Exploration Working Papers. doi:10.1596/1813-9450-1781. Retrieved 21 February 2015.

  35. ^Padoan, Pier Carlo (1999). "Trade and the accumulation coupled with diffusion of knowledge". Policy Investigating Working Papers. doi:10.1596/1813-9450-1679. S2CID 18189306. Retrieved 21 February 2015.

External links