OECD, improve production and the labor market. Extent Italy’s gap with other countries – Il Sole 24 Ore

After being hit hard by the crisis, the Italian economy shows a recovery in production and an improvement in the labor market. ” And ‘the judgment of’ OECD in his report ‘Going for Growth’, presented at the Shanghai Financial G20.

However, unemployment remains very high – especially for the young and long term unemployed – undermining the long-term growth and the inclusion through the erosion of skills, as well as the reduced social mobility. The mobilization of a broad range of policies to improve the employment opportunities for the unemployed and facilitate their return to work remains a priority reform agenda. As it knows Italy boasts the rate of youth unemployment and the share of long-term unemployed among the highest in the OECD. Here the article in the Sole 24 Ore.com

This recipe, at a glance:

1) to pursue a labor market duality with more flexible hiring and more predictable legal procedures and less costly, supported by a wider social safety net;

2) to improve the fairness and efficiency of education at secondary level, expanding post-secondary vocational training, increasing tuition fees and the introduction of an income system.

3) improve the efficiency of the tax structure, reducing distortion and incentives to evade lowering the high nominal tax rates and abolishing many tax expenses.

4) the reduction of barriers to competition, ensuring that the reforms are fully implemented at all levels of government, improving incentives for efficiency in the civil and streamline the bankruptcy courts.

5 ) to promote active policies of the labor market in particular by concentrating resources on long-term unemployment.