Mario Arcelli
Encyclopedia
Mario Ugo Arcelli was an Italian
economist who at one time was Minister for the Budget in the Italian government.
.
His bond with economic studies started with the degree he got in 1957 from Bocconi University
, Milan
, being awarded top marks and distinction.
, and in 1967 he became full professor in Economics. From 1969 to 1973 he took the chair of Economics at the University of Padua
, leaving for a one-year visiting period at the Massachusetts Institute of Technology
(M.I.T.) of Boston
(USA). In 1974 he became full professor of economics at the La Sapienza University in Rome
, where he served for about fifteen years, until 1989, and directed the Department of Economics between the late 1970s and early 1980s.
In 1989 he started teaching at LUISS (then LUISS Guido Carli) university of Rome, becoming chancellor in 1992 and remaining in that position until his retirement in 2002. In October 2003 he was appointed to the honorary post of professor emeritus by the university.
Mario Arcelli was appointed in 1995 member of the Accademia Nazionale dei Lincei, one of the world most important academic institutions. He was also deputy chairman of the Italian Economic Society (S.I.E.) and member of the board of the Istituto per la Enciclopedia Italiana. From 1979 until his death, he was editor of the Review of Economic Conditions in Italy.
, Williamsburg
, Venice
, Toronto
and Paris
.
In February 1996 he became Minister for the Budget, Economic Planning and European Affairs, during the Italian six-month turn as president of the European Union
. In this role he chaired the Ecofin summit in Venice
(May 1996) and continued the process that led, two years afterwards, to the birth of the euro
.
Between the late 1970s and early 1980s, he was a member of several government committees, and acted as advisor of the Bank of Italy
. He also was member of the scientific advisory committee of Confindustria
(the association of Italian industrialists) and of several committees of the Italian Ministry of the Budget and Economic Planning.
Arcelli held a number of corporate and business appointments. He was member of the board of directors of ENI
, the Italian oil group (1980-82), deputy chairman of Banco di Roma (1986-1992), member of the board of directors RAS SpA (1998-2004), of the Società per la Bonifica dei Terreni Ferraresi (1995-2004), of Pininfarina
SpA (1995-2002) and of Italcementi
SpA (1998-2004).
At the Christmas 2001 mass in St Peter's
, Rome, Arcelli read the address to Pope John Paul II, as representative of the Italian universities.
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
economist who at one time was Minister for the Budget in the Italian government.
Early life and education
His family originated from PiacenzaPiacenza
Piacenza is a city and comune in the Emilia-Romagna region of northern Italy. It is the capital of the province of Piacenza...
.
His bond with economic studies started with the degree he got in 1957 from Bocconi University
Bocconi University
Bocconi University is a private university located in central Milan, beside Parco Ravizza. Bocconi provides undergraduate, graduate and post-graduate education, in addition to a range of double degree programs, in the fields of economics, management, finance and law. According to many university...
, Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...
, being awarded top marks and distinction.
Academic career
In the following years Arcelli was assistant researcher in the same university. In 1963 he became professor at the University of TriesteUniversity of Trieste
The University of Trieste is a medium-sized university in Trieste in the Friuli-Venezia Giulia region of Italy. The university consists of 12 faculties, boasts a wide and almost complete range of university courses and currently has about 23,000 students enrolled and 1,000 professors...
, and in 1967 he became full professor in Economics. From 1969 to 1973 he took the chair of Economics at the University of Padua
University of Padua
The University of Padua is a premier Italian university located in the city of Padua, Italy. The University of Padua was founded in 1222 as a school of law and was one of the most prominent universities in early modern Europe. It is among the earliest universities of the world and the second...
, leaving for a one-year visiting period at the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
(M.I.T.) of Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
(USA). In 1974 he became full professor of economics at the La Sapienza University in Rome
Rome
Rome is the capital of Italy and the country's largest and most populated city and comune, with over 2.7 million residents in . The city is located in the central-western portion of the Italian Peninsula, on the Tiber River within the Lazio region of Italy.Rome's history spans two and a half...
, where he served for about fifteen years, until 1989, and directed the Department of Economics between the late 1970s and early 1980s.
In 1989 he started teaching at LUISS (then LUISS Guido Carli) university of Rome, becoming chancellor in 1992 and remaining in that position until his retirement in 2002. In October 2003 he was appointed to the honorary post of professor emeritus by the university.
Mario Arcelli was appointed in 1995 member of the Accademia Nazionale dei Lincei, one of the world most important academic institutions. He was also deputy chairman of the Italian Economic Society (S.I.E.) and member of the board of the Istituto per la Enciclopedia Italiana. From 1979 until his death, he was editor of the Review of Economic Conditions in Italy.
Government adviser and minister
Arcelli was for a decade one of the main economic advisors of Italian governments, serving as Head of the Economic Affairs Department at the office of the Prime Minister between 1981 and 1983 (during Fanfani V and Spadolini I and II cabinets). He was also economic advisor of the Prime Minister in 1987 (Fanfani VI cabinet) and 1988-89 (De Mita cabinet). In those roles he was part of the Italian delegation to five G7 summits, held in VersaillesVersailles
Versailles , a city renowned for its château, the Palace of Versailles, was the de facto capital of the kingdom of France for over a century, from 1682 to 1789. It is now a wealthy suburb of Paris and remains an important administrative and judicial centre...
, Williamsburg
Williamsburg
Williamsburg may refer to:*Williamsburg, former name of Kernville , California*Williamsburg, Colorado*Williamsburg, Florida*Williamsburg, Dunwoody, Georgia*Williamsburg, Indiana*Williamsburg, Iowa*Williamsburg, Kansas*Williamsburg, Kentucky...
, Venice
Venice
Venice is a city in northern Italy which is renowned for the beauty of its setting, its architecture and its artworks. It is the capital of the Veneto region...
, Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...
and Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
.
In February 1996 he became Minister for the Budget, Economic Planning and European Affairs, during the Italian six-month turn as president of the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
. In this role he chaired the Ecofin summit in Venice
Venice
Venice is a city in northern Italy which is renowned for the beauty of its setting, its architecture and its artworks. It is the capital of the Veneto region...
(May 1996) and continued the process that led, two years afterwards, to the birth of the euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
.
Between the late 1970s and early 1980s, he was a member of several government committees, and acted as advisor of the Bank of Italy
Bank of Italy
Bank of Italy may refer to either :*Banca d'Italia is the central bank of Italy.*Bank of Italy was a bank established in San Francisco, California and the forerunner of Bank of America....
. He also was member of the scientific advisory committee of Confindustria
Confindustria
Confindustria is the Italian employers' federation, founded in 1910. It groups together more than 113,000 voluntary member companies, accounting for nearly 4,200,000 individuals. It aims to help Italy's economic growth, assisting, in doing so, its members...
(the association of Italian industrialists) and of several committees of the Italian Ministry of the Budget and Economic Planning.
Arcelli held a number of corporate and business appointments. He was member of the board of directors of ENI
Eni
Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...
, the Italian oil group (1980-82), deputy chairman of Banco di Roma (1986-1992), member of the board of directors RAS SpA (1998-2004), of the Società per la Bonifica dei Terreni Ferraresi (1995-2004), of Pininfarina
Pininfarina
Pininfarina S.p.A. is an Italian car design firm and coachbuilder in Cambiano, Italy.Founded as Società anonima Carrozzeria Pinin Farina in 1930 by automobile designer and builder Battista "Pinin" Farina, Pininfarina has been employed by a wide variety of high-end automobile manufacturers,...
SpA (1995-2002) and of Italcementi
Italcementi
Italcementi is an Italian multinational company, quoted on the Borsa Italiana, which produces cement, ready-mix concrete and construction aggregates...
SpA (1998-2004).
At the Christmas 2001 mass in St Peter's
St. Peter's Basilica
The Papal Basilica of Saint Peter , officially known in Italian as ' and commonly known as Saint Peter's Basilica, is a Late Renaissance church located within the Vatican City. Saint Peter's Basilica has the largest interior of any Christian church in the world...
, Rome, Arcelli read the address to Pope John Paul II, as representative of the Italian universities.