employees originates out of Italy. Conversely, unlisted SOEs operating in non-competitive markets are still somehow compelled to …

This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of …. The wave of state divestitures reached Italy later than other OECD countries. A deep-rooted tradition of state … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on …

The privatization of the Italian savings banks is often described as a success story. Proponents of privatization argue … loans. However, this success has to be attributed to a broad set of reforms, which went far beyond the privatization of … savings banks. Moreover, Italy had a different starting point before the reforms, and the structure of the public banking …