Conference Report — Rome, Italy, May 10, 2022 - Dataʼs Transformative Power

A distinguished academic, he has served as minister of economy and finance of the Italian government (2014–2018); deputy secretary-general and chief economist at the Organisation for Economic Co-operation and Development; executive director of the International Monetary Fund; and economic adviser to the prime minister, responsible for coordinating the Italian position in negotiations of the Agenda. [...] He is also currently a member of the executive committee of the Italian Banking Association, chairperson of the High Level Group on EU Policy Innovation, a member of the board of the Institute of International Finance, a vice president of Istituto Affari Internazionali, and a senior fellow and member of the Scientific Council of the School of European Political Economy at Luiss University. [...] Economic policy has the main responsibility to support, facilitate and direct the reallocation of The second line of the reallocation mechanism resources required to cope with structural and is the role of financial markets. [...] security is essential to preserve and define the value of assets based on intangibles, and the In conclusion, the global economy is likely rules need to start being applied to the world and facing the initial phase of a great reallocation of not only to specific markets and geographies. [...] The panel also explored the potential of digital Digital Currencies Panel assets in terms of innovation (positive motivation) versus fear of missing out (overlooking risks), the much higher use of digital assets by the In this panel, the main message was that underbanked population and the potential impact digital assets are here to stay and will grow of digital assets on the intermediation role o.