Feb 18 • 06:19 UTC 🇮🇹 Italy Il Giornale

OECD, Scarpetta is the Chief Economist

Stefano Scarpetta has been appointed as the Chief Economist of the OECD, marking the first Italian to hold this position since Pier Carlo Padoan.

Stefano Scarpetta has been appointed the Chief Economist at the OECD, a prestigious position that recognizes his long-standing contributions since joining the organization in 1991. His appointment is particularly noteworthy as he becomes the first Italian to hold this title since Pier Carlo Padoan, representing Italy's economic capabilities on the global stage. Scarpetta is set to begin his role in April and his leadership is expected to enhance discussions on critical subjects such as geopolitics, the digital revolution, artificial intelligence, and demographic changes. In his new position, Scarpetta aims to address essential themes including low growth and productivity challenges facing the Italian economy. He has emphasized the need for innovation and human capital improvements as vital for Italy's competitiveness, aligning with the government's current economic strategies. Furthermore, the OECD Secretary-General Mathias Cormann praised Scarpetta's exceptional leadership and profound expertise in economic analysis and policymaking, reinforcing the confidence placed in him to guide the organization through complex global challenges. Scarpetta's career trajectory and his new role come at a critical juncture, both for the OECD and Italy, as global economies navigate various pressures. His insights will likely be crucial in formulating policies and strategies that address not just Italy's specific needs but also contribute to worldwide economic reforms amidst rapid technological advancements and shifting global dynamics.

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