OECD's 2013 Economic Survey of Italy examines recent economic developments, policy and prospects. Its special chapter examines policy implemention: legislation, public administration and rule of law.
- 02 May 2013
Structural reforms in Italy: Impact and priorities
To lift Italy’s economic performance, the government has legislated reform measures in many areas: the pension system, the tax system, product markets, the labour market, the public administration, and the rule of law. These structural reforms have mostly been in line with previous OECD recommendations. They should be fully and consistently implemented. Overall, once implemented, they are expected to have a positive effect on GDP. Among the priorities for the future should be to continue to promote greater competition in product markets, to improve the education system and incentives for innovation, to enhance the inclusiveness of the labour market, and to broaden tax bases through a comprehensive reduction of tax expenditures.