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Legge di stabilita' 2014-2016: le regole europee programmano la depressione

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  • Paolo Pini

Abstract

La Legge di Stabilita' 2014-2016 elaborata dal governo italiano e' volta al rispetto dei vincoli previsti dai Trattati europei, e non alla crescita del reddito e dell'occupazione. Cio' nonostante, la Commissione Europea non ha ritenuto di dare "semaforo verde", in quanto il rientro dal debito non è garantito nel breve e medio periodo. Cosi' la proposta governativa non viene giudicata soddisfacente dai tecnocrati europei perche' non coerente con le politiche di rigore e di austerita' espansiva, ma neppure soddisfa le parti sociali che chiedono interventi non simbolici per la riduzione del cuneo fiscale, e quindi per la crescita e l'occupazione. Ma siamo certi che impegnare tutte le risorse disponibili per la riduzione del cuneo sia la politica piu' adatta per far uscire il paese dalla crisi in presenza di una trappola della produttivita' che caratterizza il nostro paese da venti anni? [English version] Italian Budgetary Plan 2014-2016: The European Rules Plan the Depression The Italian Budgetary Plan 2014-2016 prepared by the Italian government is finalized to fulfil the constraints of the European Treaties, rather than income and employment growth goals. The European Commission, however, decided not to give the “green light†, because fiscal consolidation is not guaranteed both in short and medium term. Thus the Italian government proposal is considered unsatisfactory by European technocrats, as inconsistent with the budgetary rigour and “expansive austerity†policy. The proposal does not even satisfy the social partners, employer associations and trade unions, who ask for not symbolic actions for reducing the tax wedge, thus for supporting growth and employment. Are we sure though that the commitment of all available resources in the direction of tax wedge reduction is the best policy for driving Italy out of the crisis, as the country has been trapped in productivity stagnation for twenty years?

Suggested Citation

  • Paolo Pini, 2013. "Legge di stabilita' 2014-2016: le regole europee programmano la depressione," Working Papers 2013212, University of Ferrara, Department of Economics.
  • Handle: RePEc:udf:wpaper:2013212
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    Cited by:

    1. Carlo D'Ippoliti, 2013. "Introduzione: L'Unione Europea e' "mammona" (Introduction: A Pansy European Union)," Moneta e Credito, Economia civile, vol. 66(264), pages 377-395.

    More about this item

    Keywords

    Italian Budgetary Plan 2014-2016; European Economic Policy; Productivity;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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