Jean-Paul Fitoussi died in Paris at the age of 79, Xavier Ragot, president of the French Observatory for Economic Conditions (OFCE), told the Agence France-Presse (AFP) that the economist had chaired it for twenty-two years from 1989 until 2010
The economist Philippe Aghion, who had accompanied him at the European Bank for Reconstruction and Development (EBRD) in the early 1990s when Jean-Paul Fitoussi headed the economic advisory board there, also confirmed his death to AFP.
The Keynesian economist and Sciences Po professor, who specializes in inflation theory, unemployment and the role of economic policy, was also a member of the Economic Analysis Council (CAE), a body responsible for advising government.
“A Friend of Italy”
Between 2008 and 2009, in the wake of the financial crisis, he participated with twenty-two international experts in the work of the Commission for the Measurement of Economic Performance, headed by Nobel Prize winner Joseph Stiglitz and set up by Nicolas Sarkozy. .
Jean-Paul Fitoussi also worked extensively in Italy, notably at the Free International University for Social Studies (or Luiss, z Libera University of the Studi Socialiin Italian) from Rome and served on the board of Telecom Italia from 2004 to 2017.
“It is with sadness and sadness that I learn the news of the disappearance of Professor Jean-Paul Fitoussi, a great economist at Sciences Po. A column. A friend. Who I owe so much”reacted Twitter Former Italian Prime Minister Enrico Letta on Friday. The Minister of Public Service, Renato Brunetta, for his part, welcomed “a companion of so many battles and a friend of Italy”.
Mr Fitoussi’s funeral will take place on Friday afternoon in Levallois-Perret (Hauts-de-Seine), near Paris.