Giovanni Tria (born 28 September 1948) is an Italian

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and

university professor Professor (commonly abbreviated as Prof.) is an academic rank at universities and other post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a 'person who professes'. Professors ...

who served as the Italian Minister of Economy and Finance in the Conte I Cabinet. He was Adviser of the Ministry of Economic Development (MED) from 9 March 2021 in the

Draghi Cabinet The Draghi government was the 67th government of the Italian Republic, led by former President of the European Central Bank, Mario Draghi. It was in office between 13 February 2021 and 22 October 2022. The Draghi government was formed following ...

Early life and career

Giovanni Tria was born in

Rome Rome (Italian language, Italian and , ) is the capital city and most populated (municipality) of Italy. It is also the administrative centre of the Lazio Regions of Italy, region and of the Metropolitan City of Rome. A special named with 2, ...

in 1948. He graduated in Law from the Sapienza University of Rome, where he then became Professor of Economics, Macroeconomics and the History of Economic Thought. During the same period he also taught at the

University of Perugia The University of Perugia ( Italian ''Università degli Studi di Perugia'') is a public university in Perugia, Italy. It was founded in 1308, as attested by the Bull issued by Pope Clement V certifying the birth of the Studium Generale. The offi ...

. He is currently Professor of

Political Economics Political or comparative economy is a branch of political science and economics studying economic systems (e.g. markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Widely-studie ...

at the

University of Rome Tor Vergata University of Rome Tor Vergata, also known as the University of Tor Vergata (), is a public research university located in Rome, Italy. Located in the southeastern suburb of Rome, the university combines a liberal arts tradition with emphasis on ...

, where he has been Dean in the Faculty of Economics since 2017. Over the years he has served as a senior

advisor An adviser or advisor is normally a person with more and deeper knowledge in a specific area and usually also includes persons with cross-functional and multidisciplinary expertise. An adviser's role is that of a mentor or guide and differs catego ...

in various ministries (Economics and Finance, Foreign Affairs, Public Administration, Labor). From 2002 to 2006 and from 2009 to 2012 he served as member of the board of directors of the

International Labour Organization The International Labour Organization (ILO) is a United Nations agency whose mandate is to advance social and economic justice by setting international labour standards. Founded in October 1919 under the League of Nations, it is one of the firs ...

(ILO). From 1 January 2010 to 15 March 2016, he was President of the National School of

Administration Administration may refer to: Management of organizations * Management, the act of directing people towards accomplishing a goal: the process of dealing with or controlling things or people. ** Administrative assistant, traditionally known as a se ...

. He collaborates with the newspaper ''

Il Foglio ("The Paper"), or more formally ("The daily Paper"), is an Italian daily newspaper with nationwide circulation. It was founded in 1996 by Giuliano Ferrara, an Italian journalist, television host, and politician. Since 2015, it has been edited ...

'' and he is part of the scientific committee of the Magna Carta Foundation, a

think tank A think tank, or public policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governme ...

whose orientation is inspired by the

conservative liberalism Conservative liberalism, also referred to as right-liberalism, is a variant of liberalism combining liberal values and policies with conservative stances, or simply representing the right wing of the liberal movement. In the case of modern con ...

of the Anglo-Saxon tradition.

Political career

Minister of Finance

On 31 May 2018, Tria was selected as Minister of Economy and Finances in the government of

Giuseppe Conte Giuseppe Conte (; born 8 August 1964) is an Italian jurist, academic, and politician who served as Prime Minister of Italy, prime minister of Italy from June 2018 to February 2021. He has been the president of the Five Star Movement (M5S) sin ...

. At the time, he was drafted into the government as a last-minute replacement for

Paolo Savona Paolo Savona (born 6 October 1936) is an Italian economist, professor,CV Paolo Savona

, who was vetoed by

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...

Sergio Mattarella Sergio Mattarella (; born 23 July 1941) is an Italian politician and jurist who has served as the president of Italy since 2015. He is the longest-serving president in the history of the Italian Republic. Since Giorgio Napolitano's death in 20 ...

because of his criticism of the euro currency. Early in his term, Tria committed to holding the national budget deficit below 2 percent of

gross domestic product Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...

but eventually came under pressure from the coalition to set a target of 2.4 percent.

Ministerial adviser

On 8 March 2021

Giancarlo Giorgetti Giancarlo Giorgetti (; born 16 December 1966) is an Italian politician and prominent member of the League, of which he became deputy secretary in 2016. Since October 2022, Giorgetti has served as Minister of Economy and Finance in the governme ...

appointed Tria as his Adviser. Tria was sworn in on March 9, 2021.

Other activities

European Union organizations

European Investment Bank The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt sol ...

(EIB), Ex-Officio Member of the Board of Governors (2018–2020) *

European Stability Mechanism The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone member states having ratified a special ESM intergovernmental treaty. It was ...

(ESM), Member of the Board of Governors (2018–2020)

International organizations

African Development Bank The African Development Bank Group (AfDB, also known as BAD in French) is a multilateral development finance institution, headquartered in Abidjan, Ivory Coast since September 2014. The AfDB is a financial provider to African governments and ...

(AfDB), Ex-Officio Member of the Board of Governors (2018–2020) *

Asian Infrastructure Investment Bank The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank and international financial institution that aims to collectively improve economic and social outcomes in Asia. It is the world's second largest multi-lateral d ...

(AIIB), Ex-Officio Member of the Board of Governors (2018–2020) *

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilat ...

(EBRD), Ex-Officio Member of the Board of Governors (since 2018) *

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(IMF), Ex-Officio Member of the Board of Governors (2018–20)Board of Governors

(IMF). * Inter-American Investment Corporation (IIC), Ex-Officio Member of the Board of Governors (2018–2020)

References

{{DEFAULTSORT:Tria, Giovanni 1948 births Ministers of finance of Italy Italian economists Living people Sapienza University of Rome alumni Academic staff of the Sapienza University of Rome Academic staff of the University of Perugia Academic staff of the University of Rome Tor Vergata