The Italian Public Sector. A Comparative Analysis

debt

Abstract

This paper carries out a comparative analysis of the public finance statistics of Italy and main European countries. Time-series and cross-country analysis regarding government expenditure, government revenue, sources and distribution of public activities, debt, unemployment, inequality and population ageing are showed and explained in detail.

The objective is to understand the weakness of the Italian welfare system and point out possible solutions. It is found that the Mediterranean model of welfare state, typical of countries as Italy and Greece, seems to present a series of structural weaknesses that harm both economic performance and efficiency of social programs.

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