Luigi Spaventa

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Luigi Spaventa
200px
Minister of Budget
In office
28 April 1993 – May 1994
Prime Minister Carlo Azeglio Ciampi
Minister of Treasury
In office
1988–1989
Personal details
Born (1934-03-05)5 March 1934
Rome
Died Script error: The function "death_date_and_age" does not exist.
Rome
Nationality Italian
Alma mater Sapienza University of Rome

Luigi Spaventa (5 March 1934 – 6 January 2013) was an Italian academic. He served as a cabinet minister at different Italian governments. He was a member of the Italian Parliament from 1976 to 1983.

Early life and education

Spaventa was born in Rome on 5 March 1934.[1][2] In 1957 he received a degree in law at the Sapienza University of Rome.[3][4]

Career

Following graduation Spaventa worked as a visiting scholar at Oxford University, the International Monetary Fund and at Cornell University.[5] Then he returned to Italy and was a professor of economics at the universities of Palermo and Perugia.[2] Next he became a faculty member and professor of economics at the Sapienza University of Rome.[5]

In 1976, he was elected to the Italian Parliament and served there until 1983.[5] He was an independent deputy with the Communist Party.[1] He was the minister of treasury from 1988 to 1989 and the minister of budget from 1993 to 1994.[1] In the latter post he was part of the cabinet led by Prime Minister Carlo Azeglio Ciampi[6] and was close to the Democratic Party of the Left.[7] From 1988 to 1989 he was the chairman of the scientific consulting for the management of the public debt formed by the Italian treasury.[8] From 1992 to 1993 he served as the coordinator of the council of experts at the general department of treasury.[8]

He ran for a parliament seat from Rome in the 1994 elections[9][10] but did not win.[11] He was part of the Democratic Alliance during this period.[9] In 1994, he became a member of the editorial board of the journals, Moneta e Credito and Banca Nazionale del Lavoro Quarterly Review.[3] He served as the chairman of Banca Monte dei Paschi di Siena from 1997 to 1998.[5] From 1998 to 2003 he was the chairman of the Commissione Nazionale per le Societa e la Borsa or CONSOB, the Italian public authority responsible for regulating the Italian securities market.[8]

Later he was promoted to the title Professor Emeritus at the Sapienza University of Rome.[1] He was the co-founder of CER, the Centro Europa Ricerche.[3] He was also a board member of Banca Nazionale del Lavoro.[12] He wrote for Italian newspapers La Repubblica and Corriere della Sera.[3] He was a member of the Trustees of the International Financial Reporting Standards Foundation from 2008 to July 2010 when he retired from the post.[13][14]

He was named as the non-executive vice chairman of the board of Banca Profilo SpA on 8 June 2009.[8] In addition, he also served as the chairman of the board of Sator SpA to which he was appointed in 2007[4] and of MTS SpA.[8] His other posts include research fellow of the Centre for Economic Policy Research, based in London, member of the steering committee of the Euro 50 Group and a member of the “Group of Wise Men”, appointed by European ECOFIN on the regulation of European securities markets.[2]

Personal life and death

Spaventa married a British woman.[4][15] He died in Rome on 6 January 2013 at the age of 78 after a long illness.[1][4][16]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ 2.0 2.1 2.2 Speakers' bio ISD. 2007. Retrieved 5 January 2013.
  3. ↑ 3.0 3.1 3.2 3.3 Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ 4.0 4.1 4.2 4.3 Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ 5.0 5.1 5.2 5.3 Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ 8.0 8.1 8.2 8.3 8.4 Non-Executive Vice Chairman of the Board Macro Axis. Retrieved 5 January 2013.
  9. ↑ 9.0 9.1 Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found. – via HighBeam (subscription required)
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ IASC appointments complete advisory group Accountancy Age. 12 March 2008. Retrieved 4 January 2013.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ Lua error in package.lua at line 80: module 'strict' not found.

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