Luigi Spaventa
| Luigi Spaventa | |
|---|---|
 |
|
| Minister of Budget | |
|
In office 28 April 1993 – May 1994 |
|
| Prime Minister | Carlo Azeglio Ciampi |
| Minister of Treasury | |
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In office 1988–1989 |
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| Personal details | |
| Born |
5 March 1934 Rome |
| Died | 6 January 2013 (aged 78) 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.
Spaventa was born in Rome on 5 March 1934. In 1957 he received a degree in law at the Sapienza University of Rome.
Following graduation Spaventa worked as a visiting scholar at Oxford University, the International Monetary Fund and at Cornell University. Then he returned to Italy and was a professor of economics at the universities of Palermo and Perugia. Next he became a faculty member and professor of economics at the Sapienza University of Rome.
In 1976, he was elected to the Italian Parliament and served there until 1983. He was an independent deputy with the Communist Party. He was the minister of treasury from 1988 to 1989 and the minister of budget from 1993 to 1994. In the latter post he was part of the cabinet led by Prime Minister Carlo Azeglio Ciampi and was close to the Democratic Party of the Left. From 1988 to 1989 he was the chairman of the scientific consulting for the management of the public debt formed by the Italian treasury. From 1992 to 1993 he served as the coordinator of the council of experts at the general department of treasury.
He ran for a parliament seat from Rome in the 1994 elections but did not win. He was part of the Democratic Alliance during this period. In 1994, he became a member of the editorial board of the journals, Moneta e Credito and Banca Nazionale del Lavoro Quarterly Review. He served as the chairman of Banca Monte dei Paschi di Siena from 1997 to 1998. 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.
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