Mid-long term projections of the Stability Programs (SP) are elaborated to simulate the burden each active citizen or each worker will have to bear for financing, via pay-as-you-go, public health care provisions and public pensions. It is worth mentioning that projections in the (SP) are those...

The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...

Data from Stability Programs (European Countries) and from Us Congress Budget Office and Us Bureau of Census are collected to investigate the burden each worker will have to bear in the future in order to finance pension and health care provisions. If the private side of the system is based,...

Italian Abstract: Prendendo spunto da un recente saggio di Giorgio Napolitano, l'articolo individua i motivi istituzionali dell'attuale crisi della zona euro che pongono a repentaglio la stessa sopravvivenza della moneta comune. In particolare l'articolo inquadra l'Unione economica e monetaria...

The paper outlines the main current issues concerning Public Finance in Italy. It is divided in three parts. The first part discusses the overall budget policy. Italy is in need to support the recovery from economic crisis, however budget action is limited by European constraints. Different way...

La relazione presenta nella Parte I un quadro della struttura, sviluppo e crescita della spesa pubblica in Italia a partire dal 1951 nelle sue principali componenti funzionali e per livello di governo; ne analizza la dinamica in relazione alla crescita del PIL e al ciclo economico. Nella Parte...

The paper examines the development of Italy�s public finances after the consolidation period 1992-97, which secured participation in the European Monetary Union from the outset. The �structural� developments in the main budgetary components are assessed, excluding the effects of...

Italian Abstract:In questo saggio vengono utilizzati metodi di analisi delle serie storiche al fine di studiare le relazioni tra il rapporto debito pubblico/PIL e le sue determinanti macroeconomiche (quali il rapporto saldo primario/PIL, il PIL reale, il tasso di inflazione e il tasso di...

The paper proposes a method to speed up the transition toward the notional contributions pension system in Italy. It seems the most appropriate manner to combine and pursue employment and financial sustainability goals. The method computes percentages for abating the old retributive pensions...