Better Regulation in Europe: Italy 2012
Revised edition, June 2013
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This review of regulation in Italy maps and analyses the core issues which together make up effective regulatory management, laying down a framework of what should be driving regulatory policy and reform in the future. Issues examined include improving regulatory management, institutional capacities for effective regulation, transparency and processes for effective public consultation and communication, processes for the development of new regulations and for the management of the regulatory stock, compliance rates, enforcement policy. appeal processes, the interface between different levels of government and interface between national processes and those of the EU.
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Executive summary
The economic challenges faced by Italy are significant and have become even more important in the recent context of political turmoil and economic recession. Over the past decade, Italy’s economic growth rate has remained below the European average. Labour productivity is falling relative to other large European economies. Export performance has been mixed. FDI has remained lower than in other countries of similar size. Italy also has a high proportion of employment in small firms, often family firms, which represent about 4.5 million firms, and raise specific challenges.
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