Full and effective implementation of recent reforms, including the Jobs Act and the Good Schools reform, would help boost growth in Italy by improving people’s skills and ensuring their more effective use across the country, according to a new OECD report.
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Selected findings for Italy from the report "The Pursuit of Gender Equality: An Uphill Battle"
The Italian banking system has long since been waiting for a comprehensive reform addressing structural inefficiencies and structural rigidities. As of 2014, the Government has defined a comprehensive reform plan while also tackling the crisis affecting several banks.
Growth in Italy is taking place more slowly than in other Eurozone countries. Public debate about this fact offers several explanations but rarely juxtaposes long-period trends with recent policies.
The OECD LEED Trento Centre organised a working group session on "Cultural heritage as catalyst of local development " on Thursday, 22 June, 2017 - 12.30 to 15.30 in the context of ArtLab 17 in Milan.
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Employment in Italy, as a share of the population aged 15-74, has almost come back to its pre-crisis level but at 49.9 percent it is the third lowest among OECD countries. On the opposite, after a significant decrease over 2014, the unemployment rate broadly stabilised over the past two years and decreased again in April.
The OECD LEED Trento Centre is working with Italy and the Autonomous Province of Trento to strengthen capacities to develop and implement integrated strategies targeted at improving the quality of life and well-being of people and reversing demographic trends in ‘inner areas’ (sparsely populated areas and stranded communities isolated from large and medium-sized urban centres).
The OECD Working Group on Bribery commends Italy for the adoption of a Bill on 15 March, by the Italian Senate, which, if adopted by the Chamber of Deputies, would significantly extend the statute of limitations to allow more time to prosecute and sanction foreign bribery cases.
Italy is recovering after a deep and long recession. Structural reforms, accommodative monetary and fiscal conditions, and low commodity prices have spearheaded the ongoing economic recovery.
Italy is slowly emerging from a deep and lengthy recession, helped by a range of structural reforms – such as the Jobs Act – and accommodative monetary and fiscal policies, according to a new OECD report.