Ignazio Visco

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Ignazio Visco (2012)

Ignazio Visco (born November 21, 1949 in Naples ) is an Italian economist . Since November 1, 2011 he has been governor of the Banca d'Italia , the Italian central bank. Prior to that, since 2007 he was one of two of their Deputy General Managers.

Life

Visco studied economics at the La Sapienza University in Rome and graduated in 1971 summa cum laude . He later earned a master's degree from the Wharton School in Philadelphia in 1974 and received his doctorate there.

In 1972 he started his career at the Italian central bank. In 1990 he became director of economic research there. From 1997 to 2002 he served at the OECD in Paris . On October 20, 2011, Prime Minister Silvio Berlusconi proposed him on November 1, 2011 as the successor to Mario Draghi , who took up his post at the European Central Bank on November 1, 2011 .

Since the retirement of Jean-Claude Trichet and the election of Mario Draghi have two Italians in the six-member leadership of the ECB, but no French, it was expected that Italy would have the second Italian in the leadership of the ECB, Lorenzo Bini Smaghi , as president the central bank would appoint. Berlusconi made a different decision. The background was a conflict between him and his finance minister Giulio Tremonti , who preferred two different candidates. Visco is undisputed domestically: Opposition leader Pier Luigi Bersani ( PD ) has publicly approved.

The result was an intra-European conflict between Berlusconi and French President Sarkozy in the midst of the euro crisis . This was defused a few days later when Lorenzo Bini Smaghi announced that he would switch to science.

On November 1, 2011, Visco took office.

Fonts

  • Price Expectations in Rising Inflation , North Holland, Amsterdam / New York 1984, ISBN 0-4-448-68364 (dissertation from 1981)
  • Albert Ando, ​​Luigi Guiso, Ignazio Visco (Eds.): Saving and the accumulation of wealth: essays on Italian household and government saving behavior , Cambridge University Press, Cambridge 1994
  • (together with Nicola Rossi): National saving and social security in Italy (1954-1993). , Rome, Banca d'Italia 1996

Web links

Individual evidence

  1. ^ Ignazio Visco Governor of the Bank of Italy. Communication dated November 1, 2011
  2. ↑ Elisabetta Povoledo: Appointment Ends Impass on Bank of Italy Leadership. , nytimes.com on October 20, 2011 , accessed October 22, 2011
  3. ^ Report on derstandard.at of October 21, 2011 , accessed on October 22, 2011
personal data
SURNAME Visco, Ignazio
BRIEF DESCRIPTION Italian economist and central banker
DATE OF BIRTH November 21, 1949
PLACE OF BIRTH Naples