Ocse http://en.wikipedia.org/wiki/Organis...d_Development:
The productivity in Italy between 2005 and 2006 increased only about 1%, a bit betterto consider the 0,4% of 2005, but is very low considering the others G7 cowntryes. This is what came out from the OCSE's Factbook just published today.

The factbook also says that Italy, from 2001 till 2006, was one of the few OCSE cowntry with the lowest GDP. One of the cause of this low economic performance is made by the bad emplyement situation in Italy.

Huuuuuuuuuu!!!!

Guido...

It depends on what they mean by the bad employment situation. I think what they really mean is the low level of competitive advantage. This would stem from a combination of factors that include, among other things:

Restrictive practices (there have been some reforms to employment laws but not enough), low labour productivity, the high cost of employment, the lack of opportunities for graduates (the best ones emigrate), barriers to entry making it difficult for somone to set up in business for themselves (again new rules have been introduced for the self employed - but are they really enogh to help boost the economy), lack of investment and an unstable government.

__________________
CJ
Magical Marche &
Luchetti & Partners Studio Legale Tributario

Nice answere thank you Cj...
Did you read anything about the OCSE document? What do you think about?

Are we taking about the Economic Survey of Italy 2007? If so, I have seen the OECD policy brief. It contains the usual recommendations, but unless all politicians are willing to recognise and address the real weaknesses and limitations that are severely affecting Italy, and do their utmost to stimulate change (change that threatens their own securities because they must put the country and not their pockets first), they are unlikely to command the human committment required for success, and I fear we shall continue to see the same attitudes and practices.

Look at what happened prior to April 2006. The Italian frustration and discontent provided the stimulus for change. A new government was elected and although there is enough evidence to suggest that changes were made, or should I say imposed, the changes facilitated by the centre-left have achieved nothing other than create even more frustration and discontent.

__________________
CJ
Magical Marche &
Luchetti & Partners Studio Legale Tributario