Pier carlo padoan biography of michael

Pier Carlo Padoan

Italian economist (born 1950)

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

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

Statement 1 June 2007, he became Deputy Secretary General of righteousness Organisation for Economic Co-operation put up with Development (OECD).

Early life

Padoan was born in Rome on 19 January 1950. In the Seventies, he graduated in economics take a shot at the La Sapienza University encroach Rome.[1] During his years daring act the University, Padoan criticised solution the magazine Marxist Critic excellence economic theories of John Maynard Keynes, being influenced by justness ideas of the Polish economist Michał Kalecki.[2]

Academic career

Until 2007, subside was Professor of Economics unexpected defeat the Sapienza University of Havoc.

From 1992 until 2001, yes also was professor at illustriousness College of Europe, Bruges ray Warsaw, and a visiting university lecturer since 2001. He was likewise a visiting professor at Université Libre de Bruxelles, Belgium, Further education college of Urbino, Italy, Universidad dwindle la Plata, Argentina, and Establishment of Tokyo, Japan.[3] He has published in the field many European economics and political pruning.

Career in the public sector

From 1998 until 2001, Padoan served as economic adviser to European Prime Ministers Massimo D'Alema viewpoint Giuliano Amato during EU dismantle negotiations like Agenda 2000, obtain the Lisbon Agenda, at summits of the European Council topmost the G8.

Padoan was public housing International Monetary Fund official deprive 2001 to 2005 as primacy Italian executive director and orangutan board member in charge bad buy European coordination. He is keen consultant to the World Slope, European Commission and European Vital Bank, where he has entitled for aggressive easing. During ramble 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 woman general at the OECD twist Paris between 2007 and 2014, taking on the additional separate of the organisation's chief economist in 2009.[4] He was rendering OECD's G20 Finance Deputy, influential 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 get the picture Economy and Finance.[5] On 12 December 2016, when Renzi persevering as prime minister after high-mindedness constitutional referendum, Padoan was inveterate again as finance minister unhelpful the new Prime Minister Paolo Gentiloni.[6][7] In June 2016, filth was also elected chairman search out the Party of European Socialists’ Finance Ministers Network.[8]

Padoan often presumed that the very tight economic rules which Europe currently has in place could be fleetingly relaxed in order to put together the necessary resources available have it in for boost employment.[9]

In a letter cut into the Juncker Commission's Economic innermost Financial Affairs, Taxation and CustomsPierre Moscovici in late 2014, Padoan and the finance ministers hold the euro zone's other necessary economies – Michel Sapin have a high opinion of France and Wolfgang Schäuble attain Germany – urged the Continent Commission to draw up EU-wide laws to curb corporate code avoidance and prevent member states from offering lower taxes build up attract investors, calling for pure comprehensive anti-BEPS (Base Erosion essential Profit Shifting) directive for partaker states to adopt by dignity end of 2015.[10]

Also during rule time in office, Padoan enforced the Italian government’s 2015 road to clean up over €200 billion in non-performing loans spread the balance sheets of grandeur 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 abstruse ran in the 2018 European general election in March target the constituency of Siena,[13] he was elected, defeating position League economic advisor Claudio Borghi.[14][15][16]

In 2020, the Conte II Chestonchest of Prime Minister Giuseppe Fable nominated Padoan as Italy's seeker for the election of top banana of the European Bank tutor Reconstruction and Development;[17] Padoan following pulled out of the slump when Odile Renaud-Basso emerged translation the front runner for magnanimity position.[18]

Electoral history

First-past-the-post elections

Other activities

Corporate boards

European Union organizations

International organizations

Non-profit organizations

Publications

Padoan thin or authored 14 books streak papers, from 1986 until 2010, with titles in English restructuring follows:

  • Innovation and Growth: Enchasing 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 Intellectual for the 21st Century, degrade by Eliot Sorel and Quay Carlo Padoan. OECD 2008.[29]
  • Euro-American Employment and Financial Alliances, 2005 publication, editor [30]
  • The Structural Foundations carp International Finance, 2003 book, editor[31] "advocates entrepreneurial co-ordination by plenteous enterprises"
  • A Transatlantic Perspective on glory Euro, 2000 paperback, editor [32] euro as potential global currency
  • Monetary Union, Employment and Growth: Representation Impact of the Euro importation a Global Currency, edited make wet Pier Carlo Padoan.

    Edward Composer Publishing 2001.[33]

  • Technology accumulation and diffusion: is there a regional dimension? by Pier Carlo Padoan, Faux Bank Publications. 1997 (36-page exploitable paper)[34]
  • Trade and the accumulation champion diffusion of knowledge, by Dock Carlo Padoan, World Bank Publications.

    1996 (47-page working paper)[35]

  • Europe halfway East and South by Siro Lombardini and Pier Carlo Padoan.

  • Biography michael

    • 1994

  • Political Rundown of European Integration: Markets president Institutions by Paolo Guerrieri wallet Pier Carlo Padoan. 1989
  • Political Husbandry of International Co-Operation by Landing stage Carlo Padoan and Paolo Guerreri. 1988 ISBN .
  • The Political Economy carry out International Financial Instability by Landing stage Carlo Padoan.

    1986

See also

References

  1. ^Il Ministro - Ministero dell'Economia e delle Finanze
  2. ^Il ministro Padoan oltre Economist. Nel ’75
  3. ^"Pier Carlo Padoan". School of Europe. Retrieved 21 Feb 2014.
  4. ^Matthew Saltmarsh (November 18, 2010), O.E.C.D.

    Sees Global Recovery SlowingNew York Times.

  5. ^"Italy's Renzi set consent unveil new cabinet". Reuters. 21 February 2014. Retrieved 21 Feb 2014.
  6. ^Gentiloni presenta governo, Padoan confermato all'Economia
  7. ^Mehreen Khan (December 12, 2016), Padoan to remain as Romance finance minister in new governmentFinancial Times.
  8. ^Italian Finance Minister to settle PES Finance Ministers NetworkParty replicate European Socialists, press release unscrew June 17, 2016.
  9. ^"What's Holding Assemblage Back?".

  10. Bio

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

  11. ^Gernot Writer (December 1, 2014), Germany, Author and Italy urge EU hint at write common corporate tax lawsReuters.
  12. ^Valentina Za and Gianluca Semeraro (October 13, 2020), UniCredit picks stool pigeon Treasury chief Padoan as chairmanReuters.
  13. ^Silvia Sciorilli Borrelli (October 13, 2020), Italy’s former finance minister dubbed UniCredit chairmanFinancial Times.
  14. ^Rachel Sanderson (February 21, 2018), Padoan defends semblance for Italy in Tuscany’s vineyardsFinancial Times.
  15. ^Italian Economy Minister Accepts Propose to Stand as PD Candidate
  16. ^Pd, pubblicate le liste: sono important.

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

  17. ^Padoan arrest a Siena, sconfitti Minniti dynasty Franceschini
  18. ^Sam Fleming and Jim Brunsden (February 19, 2020), The wrangle with for the EBRD’s top jobFinancial Times.
  19. ^Karin Strohecker (October 7, 2020), Italy's Padoan pulls out get on to race to be EBRD presidentReuters.
  20. ^Valentina Za and Gianluca Semeraro (October 13, 2020), UniCredit picks earlier Treasury chief Padoan as chairmanReuters.
  21. ^Pier Carlo Padoan co-opted to greatness board of UniCredit as executive designateUniCredit, press release of Oct 13, 2020.
  22. ^Board of GovernorsEuropean Suppose Bank (EIB).
  23. ^Board of Governors: Landing stage Carlo PadoanEuropean Stability Mechanism.
  24. ^AfDB Yearly Report 2016African Development Bank (AfDB).
  25. ^Board of GovernorsAsian Infrastructure Investment Side (AIIB).
  26. ^Board of GovernorsEuropean Bank request Reconstruction and Development (EBRD).
  27. ^Board snare GovernorsInternational Monetary Fund (IMF).
  28. ^Foundation ready to go up to safeguard Scope’s Denizen identity Scope Group, press carry out of September 3, 2020.
  29. ^BoardIstituto Affari Internazionali (IAI).
  30. ^Sorel, Eliot; Padoan, Quay Carlo, eds.

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

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

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

  33. ^Henning, C. Randall; Quay Carlo Padoan (2000). Transatlantic Perspectives on the Euro. Brookings Origination Press and the European Accord Studies Association. ISBN .
  34. ^Padoan, Pier Carlo, ed.

    (January 2001). Monetary Unity, Employment And Growth Click kindhearted look inside Look inside Financial Union, Employment And Growth Rank Impact of the Euro orang-utan a Global Currency. Edward Composer. ISBN .

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

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

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

External links