2005 OECD Economic Surveys: Italy 2005

image of OECD Economic Surveys: Italy 2005

OECD's periodic survey of Italy's economy. This issue examines key policy challenges including continuing adjustment to the EMU, fiscal reform, enhancing corporate governance and the functioning of financial markets, migration, and reforms to expand employment and productivity.

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The Economic Impact of Migration

Only in the last decade Italy has witnessed significant immigration inflows. Most immigration has been illegal despite legislative changes, leading to quotas, though a series of regularisations has granted many immigrants legal status. Immigrants have probably increased overall prosperity and provisions of the 2002 law for cumbersome recruitment procedures may be questioned, although the effort for simplification through the “sportello unico” (one stop shop) should improve the situation once implemented.

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