2011 OECD Economic Surveys: Italy 2011

image of OECD Economic Surveys: Italy 2011

OECD's periodic economic survey of the Italian economy.  This 2011 edition features chapters covering strengthening the economic recovery and fiscal sustainability, the contribution of universities to economic growth, and getting environmental policy prices and governance right.

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Strengthening the economic recovery and fiscal sustainability

Italy has been recovering only slowly from its worst post-war recession. Despite recent reform efforts, many structural problems that have in the past been a serious drag on labour productivity persist. The government has contained the budget deficit to some extent, but with public debt among the highest in the OECD fiscal consolidation needs to continue. The weak state of the public finances underlines the importance of past pension reforms and reforming the tax system.

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