Born in Rome in 1948, he has engaged in academic and research activities in the fields of macroeconomic theory, market competition and regulation, economic and industrial policy, and comparative economic systems. Author of several books and numerous publications in international and Italian scientific journals, he has held various institutional positions, including: Minister for Territorial Cohesion and the South, Undersecretary to the Presidency of the Council, Undersecretary and then Deputy Minister for Economic Development. He was President of Aeroporti di Roma S.p.A. and President of Azzurra Aeroporti S.p.A.