Mario Deaglio, Full professor of international economics, University of Turin
Lorenzo Banchero, Gruppo Banchero Costa
"INTERNATIONAL ECONOMICS" PRIZE AWARD TO MARIO DEAGLIO
The International Economics Prize is this year awarded to the economist Mario Deaglio, Professor of International Economics at the University of Turin. His research interests include the structure of advanced economic systems, globalisation and new directions in the global economy.
For 17 years he has directed a study group of leading researchers. The group publishes annually a Report on the Global Economy and this year’s 17th edition contains an important insight into the current international economic situation.
Distinguishing features of Mario Deaglio’s work include an acute awareness of key problems, the importance of historical setting and the ability to preserve scientific rigour whilst avoiding excessive technicalities.
In his parallel career as economics journalist, Professor Deaglio has been a regular contributor to
many publications and newspapers, such as the Economist and Panorama. From 1980 to 1983 he was the editor of Italy’s major financial daily, Il Sole 24 Ore and currently he is columnist with La Stampa. He is also responsible for the website “quadrantefuturo.it – Appunti per capire il mondo”, a valuable and extremely effective source of information to help us make sense of the world we live in.
The Institute of International Economics is honoured to present these awards to Mario Deaglio for his outstanding contribution to our understanding of the economic-financial crisis of the last five years.
"FRANCESCO MANZITTI" PRIZE AWARD TO LORENZO BANCHERO
The Francesco Manzitti Prize for 2012 goes to Lorenzo Banchero, in recognition of a career whose international reach has brought Genoa into close contact with the world’s major shipping and financial centres. This intense interaction has generated considerable added value for the city as well as creating a significant number of jobs with significant professional profiles.
Lorenzo Banchero started work in 1949, having had to leave high school early due to the death of his father. His first job was as a messenger at a firm of Genoese ship agents, Anchor Ltd. In 1956, at the age of 21, he moved to dry bulk chartering, which marked the beginning of his work in the transport sector and the subsequent creation of the Banchero Costa Group in 1968.
During the 1970s and 1980s, his companies operated in ship agency services, ship and insurance broking and in the 1990s he entered the world of ship finance, working with Italian and foreign banks and establishing offices and companies from Moscow to Tokyo, London to Hong Kong, and from Beijing to Singapore.
The Banchero Costa Group, which started out in 1968 with two employees, today employs around 200 highly skilled people who are able to work both in Genoa and at the highest levels in the Group’s foreign offices.
In 2011 Lorenzo Banchero was awarded the Order of merit for Labour (Cavaliere del Lavoro) also in recognition of the Banchero Group’s long standing commitment to charitable initiatives, particularly in the area of cancer research.
The Institute of International Economics is honoured to award the Francesco Manzitti Price in appreciation of his significant contribution to our city.