Ignazio Visco

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Not to be confused with Vincenzo Visco.
Ignazio Visco
Ignazio Visco at the Rebuilding Europe’s Competitiveness Meeting, Villa Madama, Rome 30th October 2012.jpg
Ignazio Visco at the Rebuilding Europe’s Competitiveness Meeting, Villa Madama, Rome 30th October 2012
Governor of the Bank of Italy
Incumbent
Assumed office
1 November 2011
Preceded by Mario Draghi
Deputy Director General of the Bank of Italy
In office
9 January 2007 – 31 October 2011
Personal details
Born (1949-11-21) 21 November 1949 (age 65)
Naples, Italy
Alma mater Sapienza University of Rome
University of Pennsylvania
Profession Economist

Ignazio Visco (Italian pronunciation: [iˈɲattsjo ˈvisko]) (born 21 November 1949) is an Italian economist and the current Governor of the Bank of Italy.[1][2]

Early life and education[edit]

Visco was born in Naples on 21 November 1949.[3] He obtained a summa cum laude degree in economics from the Sapienza University of Rome[3] in 1971 with Federico Caffè as supervisor and continued his studies at the University of Pennsylvania (Economics Department), where he obtained an MA in 1974 and a PhD in 1981.[3]

Career[edit]

In 1972 Visco began his career at the Bank of Italy and in 1990 he was named head of the research department; from 1997 to 2002 he was chief economist of the Organisation for Economic Co-operation and Development (OECD) and on 9 January 2007 he was named deputy director general of the Bank of Italy (alongside Giovanni Carosio) and a member of its Direttorio (Board of Directors).[4]

On 24 October 2011 Visco was named to succeed Mario Draghi as governor of the Bank of Italy by Italian President Giorgio Napolitano.[2][5]

Starting from 1 January 2013, in accordance with Legislative Decree 95/12 (converted into law, with modifications, from Law no.135/2012), he also holds the position of chairman of the joint governing board of the Italian Insurance Supervisory Authority (IVASS).

Works[edit]

  • Price Expectations in Rising Inflation, North Holland, 1984
  • Le aspettative nell'analisi economica, Il Mulino, 1985
  • Inflazione, concorrenza e sviluppo (with Stefano Micossi), Il Mulino, 1993
  • Saving and the Accumulation of Wealth (with Albert Ando and Luigi Guiso), Cambridge University Press, 1994
  • L'economia italiana (with Federico L. Signorini), Il Mulino, 2002
  • Ageing and Pension System Reform (as Chairman of the G-10 Working Group), 2005 (PDF)
  • Investire in conoscenza, Il Mulino, 2009

References[edit]

  1. ^ Bio from the Bank of Italy website
  2. ^ a b "Bankitalia, alla fine l'outsider: Berlusconi sceglie Ignazio Visco". la Repubblica (in Italian). 20 October 2011. Retrieved 21 October 2011. 
  3. ^ a b c "Berlusconi chooses Ignazio Visco to head Bank of Italy". AFP Global Edition. 20 October 2011. Retrieved 19 June 2013. 
  4. ^ Bocciarelli, Rossella (20 December 2006). "Giovanni Carosio e Ignazio Visco nel Direttorio di Bankitalia". Il Sole 24 Ore (in Italian). Retrieved 21 October 2011. 
  5. ^ Donovan, Jeffrey (24 October 2011). "Italian President Signs Decree to Name Visco Bank of Italy Head". Bloomberg Businessweek. Retrieved 1 November 2011. 
Business positions
Preceded by
Mario Draghi
Governor of the Bank of Italy
2011–present
Incumbent
Preceded by
Pierluigi Ciocca
Deputy Director General of the Bank of Italy
2007–2011
Succeeded by
Salvatore Rossi