Guido Carli was governor of the Bank of Italy from 1960 to 1975. This article deals only with this period, but is worth remembering that his career in public service started before that and continued long after: he was minister for foreign trade (195758), director general of the central bank (1959-60), president of the confederation of the Italian industries (1976-80) and minister of the treasury (1989-92). During his 15-year tenure as governor, Italy underwent a dramatic change: from an essenti
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