OECD Economic Surveys ITALY MAY 2011

OVERVIEW

http://www.oecd.org/document/8/0,3746,en_2649_34111_47725832_1_1_1_1,00.html

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Implementation of policy reforms is key to spurring economic

growth

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1 2 http://dx.doi.org/10.1787/888932385503

Fiscal policy should put the debt to GDP ratio on a downward

trend

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Planned expenditure cuts may need to be supplemented by other

measures

An enhanced fiscal framework

The pension reform has enhanced fiscal sustainability

The pension reforms require higher activity rates among older age

groups

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Social protection provision needs to be reviewed

Transparency can help improve public sector efficiency

Tertiary education reform

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Giving universities effective autonomy and responsibility

Boosting financing through raising tuition fees, implementing

income-contingent loans

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Strengthening links with the private sector

1 2 http://dx.doi.org/10.1787/888932385788

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Selection of students, vocational orientation

Reforming staff recruitment and career structure

Environmental policy should reduce pollution costs efficiently –

notably by getting prices right

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1 2 http://dx.doi.org/10.1787/888932386054

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Pursuing environmental objectives: getting governance right

Costs and benefits should be looked at more closely

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Green growth policies should be clear about ends and means,

notably in energy policy

Governance reform is needed in water supply

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Waste policy has suffered from poor planning, but has some

successes too

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