Working Papers


  • 7-January-2008

    English

    Making Federalism Work in Italy

    Italy has launched itself in the federalist direction by decentralising spending, regulatory and tax powers in the late 1990s and reinforcing growing lower level responsibilities with a constitutional reform in 2001, as discussed in this working paper.

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  • 22-October-2007

    English

    The Costs of Delaying Fiscal Consolidation: A Case Study for Greece

    Since 2004, the fiscal deficit has been brought down by over 5% of GDP to below the 3% limit in 2006. The government plans a more gradual reduction so that overall balance or surplus is reached no later than 2010. These and other points are discussed in this working paper.

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