Thursday, April 26, 2012

Lorenzo Bini Smaghi: Tommaso Padoa-Schioppa - economist, policy-maker, citizen in search of European unity - SIB

This review of Tommaso’s life and legacy is obviously partial, with a focus on his central bank experience, in particular at the ECB. But his contribution is much broader. He certainly believed in exchanging ideas. I heard him say once, during his short tenure at the Finance Ministry, “If people are willing to discuss issues in a rational way and in good faith, I am confident a solution can be found”. I am not sure it really applied to the specific issue we were talking about at that time, but it certainly applies to the way Europe has been constructed since the start, including over the last few months. It reflects his vision of, and hopes for, Europe in the 21st century.


Source: http://www.bis.org/review/r110131f.pdf

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