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Italian Budgeting Policy
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Book Synopsis Italian Budgeting Policy by : Alice Cavalieri
Download or read book Italian Budgeting Policy written by Alice Cavalieri and published by Springer Nature. This book was released on 2023-03-14 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses Italian budgetary policy over the last thirty years. Covering more than three decades of political change and national transformation, it considers the institutional and external factors that have shaped long-term budgetary changes. The book analyses the levels of expenditure allocation across varying budget categories, and compares the budget bill and budget law in order to shed new light on the specific dynamics that have influenced budgetary decision-making processes. Overall, the book provides important conclusions on the role of the budget as a governmental policy instrument, the consequences of multilevel governance over national budgetary policy, and the impact of national and international crises on budgetary changes. With Italy being one of the most important parliamentary democracies in Europe and a key actor within the European Union, these conclusions have important repercussions for other European parliamentary democracies. The book will appeal to scholars and students of European public policy, public administration and economic governance.
Book Synopsis Fiscal Rules to Tame the Political Budget Cycle by : Lorenzo Forni
Download or read book Fiscal Rules to Tame the Political Budget Cycle written by Lorenzo Forni and published by International Monetary Fund. This book was released on 2017-01-20 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper provides evidence that fiscal rules can limit the political budget cycle. It focuses on the application of the Italian fiscal rule at the sub-national level over the period 2004-2006 and shows that: 1) municipalities are subject to political budget cycles in capital spending; 2) the Italian subnational fiscal rule introduced in 1999 has been enforced by the central government; 3) municipalities subject to the fiscal rule show more limited political budget cycles than municipalities not subject to the rule. In order to identify the effect, we rely on the fact that the domestic fiscal rule does not apply to municipalities below 5,000 inhabitants. We find that the political budget cycle increases real capital spending by about 35 percent on average in the years prior to municipal elections and that the sub-national fiscal rule reduces these figures by about two thirds.
Book Synopsis Italian Government Finances by : Henry Coit MacLean
Download or read book Italian Government Finances written by Henry Coit MacLean and published by . This book was released on 1923 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Rules and the Budget Process by : Mr.Gian Milesi-Ferretti
Download or read book Fiscal Rules and the Budget Process written by Mr.Gian Milesi-Ferretti and published by International Monetary Fund. This book was released on 1996-06-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the rationale for the imposition of fiscal rules as a way to reduce budgetary imbalances. It presents theoretical arguments for the existence of a “fiscal deficit bias” and the empirical evidence on the economic, political and institutional factors leading to this bias. In the context of these findings, it discusses the potential role of legal constraints on the level of key fiscal variables, and of reforms in budgetary procedures in enhancing fiscal discipline. It also evaluates proposals for budgetary reform in Italy.
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-05-07 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on selected aspects of Italy’s fiscal situation, its origins, and its pervasive economic consequences. The paper analyzes different aspects of regional duality and the unbalanced recovery. The paper highlights that regional duality is a salient feature of the Italian economy. In the south, average incomes and consumption are lower, unemployment rates higher, and the percentage of the population living in poverty larger than in the center and north. The paper also examines fiscal performance of Italy during 1986–95.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451819773 Total Pages :118 pages Book Rating :4.4/5 (518 download)
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-05-10 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the flaws of the Italian tax system during the 1990s and the rationale for reform. The paper highlights that a fundamental reform of the tax system took place in 1971–73, and introduced three main innovations: the concentration of tax authority almost exclusively at the level of the central government; a value-added tax, in line with the rest of the European Union; and the extension of the base of the personal income tax to additional income categories. This paper also reviews the management of public spending in Italy.
Book Synopsis Italy: Toward a Growth-Friendly Fiscal Reform by : Michal Andrle
Download or read book Italy: Toward a Growth-Friendly Fiscal Reform written by Michal Andrle and published by International Monetary Fund. This book was released on 2018-03-16 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in late 2017, the Italian medium-term fiscal plan aims to achieve structural balance by 2020, although concrete, high-quality measures to meet the target are yet to be specified. This paper seeks to contribute to the discussion by (i) assessing spending patterns to identify areas for savings; (ii) evaluating the pension system; (iii) analyzing the scope for revenue rebalancing; and (iv) putting forward a package of spending cuts and tax rebalancing that is growth friendly and inclusive, could have limited near-term output costs, and would achieve a notable reduction in public debt over the medium term. Such a package could help the authorities balance the need to bring down public debt and, thus, reduce vulnerabilities while supporting the economic recovery.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :145181979X Total Pages :141 pages Book Rating :4.4/5 (518 download)
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-07-18 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines macroeconomic and structural factors potentially explaining the country's underperformance. A comparison between the reform and baseline policy scenarios underscores maintaining a strong fiscal position, early reductions in primary expenditures, and reducing fiscal vulnerability. Assigning the financing and management of the health care system to the regions may increase the efficiency and the productivity of the health care system. The information on Italy's economy and legal as well as regulatory environment is available on the worldwide web, and the paper lists the related sites.
Book Synopsis Fiscal Rules and the Budget Process by : Gian Maria Milesi-Ferretti
Download or read book Fiscal Rules and the Budget Process written by Gian Maria Milesi-Ferretti and published by . This book was released on 2006 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the rationale for the imposition of fiscal rules as a way to reduce budgetary imbalances. It presents theoretical arguments for the existence of a quot;fiscal deficit biasquot; and the empirical evidence on the economic, political and institutional factors leading to this bias. In the context of these findings, it discusses the potential role of legal constraints on the level of key fiscal variables, and of reforms in budgetary procedures in enhancing fiscal discipline. It also evaluates proposals for budgetary reform in Italy.
Book Synopsis Reforming Tax Expenditures in Italy by : Justin Tyson
Download or read book Reforming Tax Expenditures in Italy written by Justin Tyson and published by International Monetary Fund. This book was released on 2014-01-16 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the extent to which tax expenditures can be considered part of an optimal tax system and possible reforms.
Book Synopsis Italian Foreign Policy by : Federico Chabod
Download or read book Italian Foreign Policy written by Federico Chabod and published by Princeton University Press. This book was released on 2014-07-14 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federico Chabod (1901-1960) was one of Italy's best-known historians, noted for his study of Italian history in a European context. This is the first English translation of his most important book. Although he carried out his extensive archival research for this work from 1936 until 1943, the fall of fascism and Chabod's active participation in the Resistance delayed its completion. When it was published in 1951, it was immediately hailed as a masterpiece. Chabod intended to write a new kind of diplomatic history-- one in which political history is seen as part of a larger historical whole. He does not present a detailed chronological account of Italian foreign policy during the period studied, but rather the "moral and material" underpinnings of that policy. In fact, he crafts a highly developed portrait of an age, with the real subjects being the Italian state and society, the ruling class and political culture. This work offers readers a superb picture of post-Risorgimento Italy and an outstanding example of Chabod's historiographical method. Originally published in 1996. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Book Synopsis Gender Studies, Entrepreneurship and Human Capital by : Paola Paoloni
Download or read book Gender Studies, Entrepreneurship and Human Capital written by Paola Paoloni and published by Springer Nature. This book was released on 2020-07-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s climate, academics, professional community and policy makers all have input in critical gender issues, as well as in the entrepreneurship and human capital issues. Various gender issues are published involving many scientific fields, including business, management and accounting research. Presenting the topic of gender issues, entrepreneurship and human capital, this book collects the main output of the researches presented at the Annual Workshop of IPAZIA 2019 of Rome in Italy. The authors provide a renewed and fruitful analysis of these topics, with the purpose of advancing the gender theories in the international context.
Book Synopsis Rules-Based Fiscal Policy in France, Germany, Italy, and Spain by : Mr.Gabriel Di Bella
Download or read book Rules-Based Fiscal Policy in France, Germany, Italy, and Spain written by Mr.Gabriel Di Bella and published by International Monetary Fund. This book was released on 2003-11-14 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal rules can help to counteract the deficits and spending biases that too often originate in the political process. Rules that constrain spending--rather than the balance--allow fiscal policy to be countercyclical. Yet the design of effective spending rules is by no means straightforward. Should a rule be real or nominal? How comprehensive should the definition of spending be? What safeguards ensure the credibility of a rule? How do rules work in decentralized systems where regions and states are partially autonomous? France, Germany, Italy, and Spain--countries that could benefit from more emphasis on fiscal rules to constrain spending--are explored here as case studies.
Book Synopsis Continuity and Change in Public Policy and Management by : Christopher Pollitt
Download or read book Continuity and Change in Public Policy and Management written by Christopher Pollitt and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This vivid book of 'continuity and change' in policy and management by Pollitt and Bouckaert follows in the footsteps of Pollitt's previous book on the issue of time, a vital but often neglected issue.
Book Synopsis The Economics of the Global Defence Industry by : Keith Hartley
Download or read book The Economics of the Global Defence Industry written by Keith Hartley and published by Routledge. This book was released on 2019-11-08 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an original contribution to our knowledge of the world’s major defence industries. Experts from a wide range of different countries – from the major economies of North America and Western Europe to developing economies and some unique cases such as China, India, Singapore, South Africa and North Korea – describe and analyse the structure, conduct and performance of the defence industry in that country. Each chapter opens with statistics on a key nation’s defence spending, its spending on defence R&D and on procurement over the period 1980 to 2017, allowing for an analysis of industry changes following the end of the Cold War. After the facts of each industry, the authors describe and analyse the structure, conduct and performance of the industry. The analysis of ‘structure’ includes discussions of entry conditions, domestic monopoly/oligopoly structures and opportunities for competition. The section on ‘conduct’ analyses price/non-price competition, including private and state funded R&D, and ‘performance’ incorporates profitability, imports and exports together with spin-offs and technical progress. The conclusion explores the future prospects for each nation’s defence industry. Do defence industries have a future? What might the future defence firm and industry look like in 50 years’ time? This volume is a vital resource and reference for anyone interested in defence economics, industrial economics, international relations, strategic studies and public procurement.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1484397789 Total Pages :19 pages Book Rating :4.4/5 (843 download)
Book Synopsis Italy by : International Monetary Fund. European Dept.
Download or read book Italy written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-02-06 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper uses the tax-benefit microsimulation model for the European Union (EUROMOD) to evaluate possible reforms to modernize Italy’s social safety net as well as ways to lower the tax wedge on labor. With a social safety net centered on pensions and the elderly and an array of income support schemes as well as a heavy tax burden falling on labor income, there is significant scope to improve Italy’s system of taxes and transfers to promote growth and inclusion. The paper also simulates the cost of a modern safety net using EUROMOD. The paper also provides an overview of Italy’s personal income tax regime, simulates the cost of moving toward a flatter regime that has previously been proposed by the government coalition and discusses some key reform principles. It is concluded that Italy needs a modern social safety net and a lower tax wedge on labor as part of a growth-friendly and inclusive fiscal consolidation package.
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-03-01 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses a Detailed Assessment of the Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies—Securities Regulation for Italy. The paper discusses that in the area of securities regulation, the objectives and responsibilities of the two supervisory authorities, namely Consob and the Banca d’Italia (BI), and the modalities of cooperation between them, are clearly established in the 1998 Consolidated Law. An area where further clarity may be warranted concerns the practical modalities of exchanging information with other domestic institutions.
