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Italy has made a major effort to speed up long-overdue economic reforms but it is now essential to maintain the momentum, OECD Secretary-General Angel Gurría said today in Rome.
During his visit to Rome, Mr. Angel Gurría attended the “International Conference on Structural Reforms in Italy”. The aim of the Conference was to take stock of structural reforms recently adopted in Italy and to identify further steps to promote competitiveness, growth and employment while ensuring social cohesion.
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Entry rates for higher education increased after Italy introduced a new degree structure in the early 2000s. While university-level attainment still remains below the OECD average, the gap for younger generations of Italians is expected to narrow over the next decade.
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Italy has been hit hard by the crisis and unemployment may rise further. The recent recession hit the Italian economy hard with the country experiencing a large fall in GDP at the height of the crisis in 2009
Aggressive tax planning – untaxed income, multiple deductions and other forms of international tax arbitrage - is a growing concern for all governments.
Italy has embarked on an ambitious, much needed reform programme to strengthen its public finances, to restore growth and to improve the competitiveness of the Italian economy.
The Phase 3 Report on Italy by the OECD Working Group on Bribery evaluates and makes recommendations on Italy's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.
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This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".
OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.
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The impact of the recent deep recession on the Italian labour market was relatively mild, but the recovery has been slow.