Pasquale Saraceno
 Pasquale Saraceno    (economist, deep state operative?) | |||||||||||||||||||||||||||||
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| Born | 14 June 1903 | ||||||||||||||||||||||||||||
| Died | 13 May 1991 (Age 87) Roma | ||||||||||||||||||||||||||||
| Nationality | Italian | ||||||||||||||||||||||||||||
| Alma mater | Bocconi University | ||||||||||||||||||||||||||||
| Religion | Catholic | ||||||||||||||||||||||||||||
| Member of | Bilderberg/Steering committee | ||||||||||||||||||||||||||||
| Party | Christian Democracy (Italy) | ||||||||||||||||||||||||||||
Italian Christian Democrat economist. Very unusual Bilderberg Steering committee member in that he only attended a single Bilderberg.
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Pasquale Saraceno was was an Italian economist and member of the Bilderberg Steering committee. He was a professor at the Catholic University of the Sacred Heart in Milan and in Venice. He was one of the most influential Christian Democrat experts on Southern Italy (the Mezzogiorno).
Background
He was born in Morbegno (Lombardy) from a southern parents, the father from Sicily and the mother from Campania.[1] He graduated in 1929 from the Luigi Bocconi commercial university, a pupil of Gino Zappa.
Career
He was consultant to fellow southerner Ezio Vanoni and other Christian Democrat ministers, supporter of programming through the southern development fund Istituto per la Ricostruzione Industriale (IRI) where he was hired in 1933, he influenced the policy of intervention in the South.[1]
In July 1943 he took part in the works that led to the drafting of the Code of Camaldoli, a programmatic document drawn up by exponents of the Italian Catholic resistance forces, which inspired the economic policy of the Christian Democrats.[1]
He founded the Association for the development of industry in the South (Svimez) in 1946, for which substantial US aid was announced. All the main Italian banks and industries, which were interested in investments in the South, joined. He was among the most convinced supporters of the establishment of the Cassa del Mezzogiorno in 1950.
Saraceno rejoined the IRI Inspectorate in 1946, became central director and head of the Finance Directorate in 1948, and head of Economic Studies and Programs in 1953, then helped set up European economic institutions, including the European Coal and Carbon Community steel (ECSC), the European Organization for Economic Cooperation (OEEC) and the Common European Market (ECM).[1]
Saraceno did not deny the validity of the market economy, but believed that it alone was not capable of correcting the socio-economic imbalances that arose following the transition from a semi-subsistence economy to a market one. This required the creation of public production companies to replace or supplement private initiative.[1]
He was also the Italian representative in the United Nations Economic Commission for Europe and a director of the European Investment Bank. [1]
Event Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1959 | 18 September 1959 | 20 September 1959 | Turkey Yesilkoy | The 8th Bilderberg and the first in Turkey. 60 guests. |
