The chapter deals with the overall impact of the comprehensive incomes policy adopted in Italy in July 1993. The extraordinary merits of the agreement in curbing inflation are recognized, along with some incompleteness (with respect to Ezio Tarantelli’s proposal) in the way on one hand the...

Official data indicate a much less severe impact of the international crisis on employment in Italy than might have been predicted. But the standard measure of unemployment agreed at international level has some shortcomings. Its “objective” definition of unemployment is a poor fit with the...