[2] During his years at the University, Padoan criticised in the magazine Marxist Critic the economic theories of John Maynard Keynes, being influenced by the ideas of the Polish economist Michał Kalecki.

Padoan was an International Monetary Fund official from 2001 to 2005 as the Italian executive director and as board member in charge of European coordination.

[9] Padoan often stated that the very tight fiscal rules which Europe currently has in place could be temporarily relaxed in order to make the necessary resources available to boost employment.

[10] In a letter to the Juncker Commission's Economic and Financial Affairs, Taxation and Customs Pierre Moscovici in late 2014, Padoan and the finance ministers of the euro zone's other biggest economies – Michel Sapin of France and Wolfgang Schäuble of Germany – urged the European Commission to draw up EU-wide laws to curb corporate tax avoidance and prevent member states from offering lower taxes to attract investors, calling for a comprehensive anti-BEPS (Base Erosion and Profit Shifting) directive for member states to adopt by the end of 2015.

[11] Also during his time in office, Padoan implemented the Italian government’s 2015 plan to clean up over €200 billion in non-performing loans from the balance sheets of the country’s banks.