Lorenzo Bini Smaghi
Encyclopedia
Lorenzo Bini Smaghi is an Italian economist who has been a Member of the Executive Board of the European Central Bank
(ECB) from June 2005 to November 2011. In the ECB Executive Board he was responsible for international and European relations and for the legal department of the Bank and for its administration, including the building of a new site for the ECB in the Frankfurt Grossmarkthalle.
Lorenzo Bini Smaghi, a descendant of several old Tuscan noble houses, and of St. Robert Bellarmine
, grew up in Brussels (Belgium), acquiring a knowledge of foreign languages at an early age. In 1974 he graduated from the Lycée Français de Bruxelles. In 1978 he graduated in Economics from the Université Catholique de Louvain
(Belgium). In 1980 he received a master's degree
in Economics from the University of Southern California
; and a Ph.D.
from the University of Chicago
in 1988.
Before joining the ECB, he was Director General for International Financial Relations of the Italian Ministry of Economy and Finance. His earlier appointments include: Deputy Director-General Research of the ECB, Head of the Policy Division of the European Monetary Institute (Frankfurt) and Head of the Exchange Rate and International Trade Division of the Research Department of Banca d’Italia (Rome). He has published extensively in monetary and international economics.
He resigned from the ECB in November 2011. Starting in January 2012, he will join Harvard University
's Weatherhead Center for International Affairs.
Lorenzo Bini Smaghi is also President of the Fondazione Palazzo Strozzi, a mixed private-public institution which promotes cultural initiatives in Florence. He is married and has two children.
Executive Board of the European Central Bank
The Executive Board of the European Central Bank is the organ responsible for monetary policy of the Eurozone.Members of the Executive Board of the European Central Bank are nominated by agreement between the Heads of Government of the Eurozone countries for a non-renewable eight-year term The...
(ECB) from June 2005 to November 2011. In the ECB Executive Board he was responsible for international and European relations and for the legal department of the Bank and for its administration, including the building of a new site for the ECB in the Frankfurt Grossmarkthalle.
Lorenzo Bini Smaghi, a descendant of several old Tuscan noble houses, and of St. Robert Bellarmine
Robert Bellarmine
Robert Bellarmine was an Italian Jesuit and a Cardinal of the Catholic Church. He was one of the most important figures in the Counter-Reformation...
, grew up in Brussels (Belgium), acquiring a knowledge of foreign languages at an early age. In 1974 he graduated from the Lycée Français de Bruxelles. In 1978 he graduated in Economics from the Université Catholique de Louvain
Université catholique de Louvain
The Université catholique de Louvain, sometimes known, especially in Belgium, as UCL, is Belgium's largest French-speaking university. It is located in Louvain-la-Neuve and in Brussels...
(Belgium). In 1980 he received a master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...
in Economics from the University of Southern California
University of Southern California
The University of Southern California is a private, not-for-profit, nonsectarian, research university located in Los Angeles, California, United States. USC was founded in 1880, making it California's oldest private research university...
; and a Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
from the University of Chicago
University of Chicago
The University of Chicago is a private research university in Chicago, Illinois, USA. It was founded by the American Baptist Education Society with a donation from oil magnate and philanthropist John D. Rockefeller and incorporated in 1890...
in 1988.
Before joining the ECB, he was Director General for International Financial Relations of the Italian Ministry of Economy and Finance. His earlier appointments include: Deputy Director-General Research of the ECB, Head of the Policy Division of the European Monetary Institute (Frankfurt) and Head of the Exchange Rate and International Trade Division of the Research Department of Banca d’Italia (Rome). He has published extensively in monetary and international economics.
He resigned from the ECB in November 2011. Starting in January 2012, he will join Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
's Weatherhead Center for International Affairs.
Lorenzo Bini Smaghi is also President of the Fondazione Palazzo Strozzi, a mixed private-public institution which promotes cultural initiatives in Florence. He is married and has two children.
Publications
Author of several articles and books on international and European monetary and financial issues.- Il paradosso dell'euro. Luci e ombre dieci anni dopo, RizzoliRCS MediaGroupRCS MediaGroup S.p.A. , based in Milan and listed on the Italian Stock Exchange, is an international multimedia publishing group that operates in daily newspapers, magazines and books, radio broadcasting, new media and digital and satellite TV...
, Milano 2008
- L’Euro, Il Mulino, Bologna, 1998 (Third Edition: 2001)
- Open Issues in European Central Banking, MacmillanMacmillan PublishersMacmillan Publishers Ltd, also known as The Macmillan Group, is a privately held international publishing company owned by Georg von Holtzbrinck Publishing Group. It has offices in 41 countries worldwide and operates in more than thirty others.-History:...
, London, 2000 (with D. Gros) - Chi ci salva dalla prossima crisi finanziaria?, Il Mulino, Bologna, 2000