Iron Lady needed!
Italy must reform its public administration if it is to shake off the shackles that are plunging it into debt.
- Wednesday, 30 August 2017
There is one huge obstacle standing in the way of Italy’s attempts to grow at a rate comparable to the rest of the
European Union, and it’s not the country’s massive public debt (although it is probably among the reasons that the debt got out of hand). The obstacle is the national public administration: an invasive, expensive and inefficient state system. Despite warnings by European institutions, the Italian public sector is still one of the major factors in Italy’s sluggish economic performance. But reforming it would come at a political cost that almost no one is willing to pay.