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Archive » November 2021 » Italy’s economic policies, the Recovery plan, and the role of banks

Italy’s economic policies, the Recovery plan, and the role of banks

Daniele Franco
November 2021 - n. 11
Keywords: Risparmio, ripresa, politica economica, banche
Jel codes: E21, E60, D04, G20

To support long-term growth, Italy must improve its performance in terms of employment, productivity and fixed investments. A tax burden more favourable to employment is needed, to increase female workforce, and the birth rate can be supported by strengthening nurseries and kindergartens. Firms must grow in size and place themselves on high value-added market segments. Justice and Pa reforms must increase efficiency, together with simplifications, accelerating the ecological transition and digitalisation. Fixed investments made by the Pa can double. Banks need to strengthen their capacity to advise Smes and meet the challenges of digitalisation and the transition to a sustainable economy, acting as catalysts for the huge investments of the private sector, through creditworthiness analysis and risk assessment.

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