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- Author: Fiorella Padoa Schioppa Kostoris
- Publisher: Clarendon Press
- ISBN-10: 0198287488
- ISBN-13: 9780198287483
- Format: 14.8 x 22.5 x 2.3 cm, hardcover
- Language: English
- SAVE -10% with code: EXTRA
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Description
Based on the results of a three year empirical study analyzing the Italian economy, this work focuses on the role of state and private economic agents. Italy has a huge and interventionist governmental economic policy. Professor Padoa Schioppa Kostoris argues that much of this state action and regulation is irrational and counter-efficient. She further argues that the Italian economy is also characterized by a large and efficient black market, so that much of the private sector already evades state control. Since de facto deregulation therefore exists to a large extent, Kostoris calls for legal deregulation and privatization. She convincingly argues that a decrease in and an altered character of state action will enable the Italian economy to achieve higher growth, and to reconcile the goals of efficiency and public interest.
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- Author: Fiorella Padoa Schioppa Kostoris
- Publisher: Clarendon Press
- ISBN-10: 0198287488
- ISBN-13: 9780198287483
- Format: 14.8 x 22.5 x 2.3 cm, hardcover
- Language: English English
Based on the results of a three year empirical study analyzing the Italian economy, this work focuses on the role of state and private economic agents. Italy has a huge and interventionist governmental economic policy. Professor Padoa Schioppa Kostoris argues that much of this state action and regulation is irrational and counter-efficient. She further argues that the Italian economy is also characterized by a large and efficient black market, so that much of the private sector already evades state control. Since de facto deregulation therefore exists to a large extent, Kostoris calls for legal deregulation and privatization. She convincingly argues that a decrease in and an altered character of state action will enable the Italian economy to achieve higher growth, and to reconcile the goals of efficiency and public interest.
Reviews