Age, Biography and Wiki

Pier Carlo Padoan was born on 19 January, 1950 in Rome, Italy, is an Italian economist (born 1950). Discover Pier Carlo Padoan's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?

Popular As N/A
Occupation N/A
Age 74 years old
Zodiac Sign Capricorn
Born 19 January, 1950
Birthday 19 January
Birthplace Rome, Italy
Nationality Italy

We recommend you to check the complete list of Famous People born on 19 January. He is a member of famous economist with the age 74 years old group.

Pier Carlo Padoan Height, Weight & Measurements

At 74 years old, Pier Carlo Padoan height not available right now. We will update Pier Carlo Padoan's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Who Is Pier Carlo Padoan's Wife?

His wife is Maria Grazia Reitano

Family
Parents Not Available
Wife Maria Grazia Reitano
Sibling Not Available
Children 2

Pier Carlo Padoan Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Pier Carlo Padoan worth at the age of 74 years old? Pier Carlo Padoan’s income source is mostly from being a successful economist. He is from Italy. We have estimated Pier Carlo Padoan's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1950

Pier Carlo Padoan (born 19 January 1950) is an Italian economist who served as Minister of Economy and Finance of Italy from 2014 to 2018.

Padoan was born in Rome on 19 January 1950.

1970

In the 1970s, he graduated in economics at the La Sapienza University in Rome.

During his years at the University, Padoan criticised in the magazine Marxist Critic the economic theories of John Maynard Keynes, being influenced by the ideas of the Polish economist Michał Kalecki.

1986

Padoan edited or authored 14 books and papers, from 1986 until 2010, with titles in English as follows:

1992

From 1992 until 2001, he also was professor at the College of Europe, Bruges and Warsaw, and a visiting professor since 2001.

He was also a visiting professor at Université Libre de Bruxelles, Belgium, University of Urbino, Italy, Universidad de la Plata, Argentina, and University of Tokyo, Japan.

He has published in the field of European economics and political economy.

1998

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

2001

Padoan was director of the International Monetary Fund for Italy from 2001 to 2005.

Padoan was an International Monetary Fund official from 2001 to 2005 as the Italian executive director and as board member in charge of European coordination.

He is a consultant to the World Bank, European Commission and European Central Bank, where he has called for aggressive easing.

During that period, he criticized budget cutbacks in the euro zone's weakest economies, struggling with debt, which he has called periphery countries.

2007

On 1 June 2007, he became Deputy Secretary General of the Organisation for Economic Co-operation and Development (OECD).

Until 2007, he was Professor of Economics at the Sapienza University of Rome.

Padoan served as deputy secretary general at the OECD in Paris between 2007 and 2014, taking on the additional role of the organisation's chief economist in 2009.

He was the OECD's G20 Finance Deputy, leading the initiatives 'Strategic Response', 'Green Growth' and 'Innovation'.

2014

On 19 February 2014, Matteo Renzi chose Padon as Italy's new Minister of Economy and Finance.

In a letter to the Juncker Commission's Economic and Financial Affairs, Taxation and Customs Pierre Moscovici in late 2014, Padoan and the finance ministers of the euro zone's other biggest economies – Michel Sapin of France and Wolfgang Schäuble of Germany – urged the European Commission to draw up EU-wide laws to curb corporate tax avoidance and prevent member states from offering lower taxes to attract investors, calling for a comprehensive anti-BEPS (Base Erosion and Profit Shifting) directive for member states to adopt by the end of 2015.

2015

Also during his time in office, Padoan implemented the Italian government’s 2015 plan to clean up over €200 billion in non-performing loans from the balance sheets of the country’s banks.

2016

On 12 December 2016, when Renzi resigned as prime minister after the constitutional referendum, Padoan was confirmed again as finance minister by the new Prime Minister Paolo Gentiloni.

In June 2016, he was also elected chairman of the Party of European Socialists’ Finance Ministers Network.

Padoan often stated that the very tight fiscal rules which Europe currently has in place could be temporarily relaxed in order to make the necessary resources available to boost employment.

2017

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

2018

Padoan joined the Democratic Party and ran in the 2018 Italian general election in March for the constituency of Siena, where he was elected, defeating the League economic advisor Claudio Borghi.

2020

In 2020, the Conte II Cabinet of Prime Minister Giuseppe Conte nominated Padoan as Italy's candidate for the election of president of the European Bank for Reconstruction and Development; Padoan later pulled out of the race when Odile Renaud-Basso emerged as the front runner for the position.