Fiscal consolidation and regional inequalities in Italy

Author/s Paolo Sestito
Publishing Year 2018 Issue 2017/2 Language Italian
Pages 17 P. 15-31 File size 212 KB
DOI 10.3280/EP2017-002002
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This note summarizes the most relevant regional features of the fiscal consolidation effort undertaken in Italy as a reaction to the sovereign debt crisis. It is shown how the economic and social implications have been stronger in the Mezzogiorno regions, mostly because of the higher dependence of this area upon the demand triggered by public funds. Then the note discusses the main factors limiting the effectiveness of the actions undertaken in the area of structural reforms and functioning of the public administration, which remains overall worse in the Mezzogiorno.

Keywords: Fiscal consolidation, regional differentials, structural reforms

Jel codes: H30, H60, R10

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Paolo Sestito, Consolidamento fiscale e diseguaglianze territoriali in Italia in "ECONOMIA PUBBLICA " 2/2017, pp 15-31, DOI: 10.3280/EP2017-002002