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". Professor ...

who served as the Italian Minister of Economy and Finance in the Conte I Cabinet. He is the current Adviser of the Ministry of Economic Development (MED) since 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 followin ...

Early life and career

Giovanni Tria was born in

Rome , established_title = Founded , established_date = 753 BC , founder = King Romulus (legendary) , image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg , map_caption ...

in 1948. He graduated in Law from the

Sapienza University The Sapienza University of Rome ( it, Sapienza – Università di Roma), also called simply Sapienza or the University of Rome, and formally the Università degli Studi di Roma "La Sapienza", is a public research university located in Rome, Ita ...

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 University of Perugia (Italian ''Università degli Studi di Perugia'') is a public-owned university based 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. Th ...

. He is currently Professor of

Political Economics Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour mar ...

at the

University of Rome Tor Vergata Tor Vergata University of Rome, also known as the University of Rome II ( it, Università degli Studi di Roma "Tor Vergata"), is a public university, public research university located in Rome, Italy. Located in the southeastern suburb of Rome, the ...

, 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 categor ...

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 the first and o ...

(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 ** Administrative assistant, Administrative Assistant, traditionally known as a Secretary, or also known as an admini ...

. He collaborates with the newspaper ''

Il Foglio ''Il Foglio'' (English: "The Paper") is an Italian centrist daily newspaper with circulation around 25.000 copies per day (with an overall spread of 47.000). It was founded in 1996 by the Italian journalist and politician Giuliano Ferrara after ...

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

think tank A think tank, or 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-governmenta ...

whose orientation is inspired by the

conservative liberalism Conservative liberalism or 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. M. Gallagher, M. Laver and P. Mair, ''Repre ...

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: Automobiles * Nissan President, a 1966–2010 Japanese ful ...

Sergio Mattarella Sergio Mattarella (; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who has served as the president of Italy since 2015. A Christian leftist politician, Mattarella was a leading member of the Christian Democracy par ...

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 money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ...

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 in Cazzago Brabbia) is an Italian politician and prominent member of the League, of which he became deputy secretary in 2016. Since October 2022, Giorgetti is serving as Minister of Economy and Finance ...

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 EU Member States. It is one of the largest supranational lenders in the world. The EIB finances and invests both through equity and debt solutions ...

(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) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies i ...

(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 that aims to improve economic and social outcomes in Asia. The bank currently has 105 members, including 14 prospective members from around the world. The br ...

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

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focus ...

(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, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

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

(IMF). *

Inter-American Investment Corporation The Inter-American Development Bank (IDB or IADB) is an International financial institutions, international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development finan ...

(IIC), Ex-Officio Member of the Board of Governors ( 2018-2020)

References

{{DEFAULTSORT:Tria, Giovanni 1948 births Finance ministers of Italy Italian economists Living people Sapienza University of Rome alumni Sapienza University of Rome faculty University of Perugia faculty University of Rome Tor Vergata faculty