Guido Carli, it has often been said, is the Italian economy. In 14 years as governor of his country's central bank, he became the embodiment of economic responsibility, rescuing Italy from three near fatal crises and earning for the Bank of Italy a reputation as one of the few Italian institutions that function properly. So, when Carli, 61, announced in May that he intended to quit, few people believed it—especially since he added that he had been trying on and off to do so since 1970. But he did mean it, and...
To continue reading:
or
Log-In
