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This paper discusses various public finance management reforms required for state-owned enterprises (SOEs), which is high priority of the government. High levels of direct and indirect state support are adding to the significant risks emanating from the SOE sector, a problem that is being...
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This paper assesses the proposal, publicly debated in recent years in Italy, to reduce public debt by selling public … underlying fiscal discipline. Other heavily indebted countries have reduced their debt much more than Italy without heavy …
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