further development of capital markets. Budget allocation in Italy will need to increasingly rely on efficiency analysis to … find savings and improve performance. The analysis in this chapter finds that large social spending in Italy, particularly …

KEY ISSUES Unleashing Italy's Potential The economy is struggling to emerge from a prolonged balance-sheet recession … structural weaknesses and the risks are tilted to the downside. External risks arise from geopolitical tensions, while Italy … are urgently needed to secure a recovery and unleash Italy's growth potential. Moving to a single labor contract with …

of reforms needed to be pursued to address Italy’s growth potential …

the regions may increase the efficiency and the productivity of the health care system. The information on Italy's economy …