Italy: The Sheltered Economy: Structural Problems in the Italian Economy (Hardcover) (ISBN-13: 9780198287483)

Based on the results of a three year empirical study analyzing the Italian economy, this work focuses on the role of state and private economic agents. Italy has a huge and interventionist governmental economic policy. Professor Padoa Schioppa Kostoris argues that much of this state action and regulation is irrational and counter-efficient. She further argues that the Italian economy is also characterized by a large and efficient black market, so that much of the private sector already evades state control. Since de facto deregulation therefore exists to a large extent, Kostoris calls for legal deregulation and privatization. She convincingly argues that a decrease in and an altered character of state action will enable the Italian economy to achieve higher growth, and to reconcile the goals of efficiency and public interest.

Author: Fiorella P. Schioppa, Fiorella Padoa-Schioppa, Schioppa Padoa
ISBN-10: 0198287488
ISBN-13: 9780198287483
Publisher: OUP Oxford
Language: English
Published: 09/16/1993
Pages: 272
Format: Hardcover
Weight: 1.14lbs
Size: 8.84h x 5.84w x 0.90d