Responsability and federalism

The survey was promoted and carried out in the framework of of the Regional Observatory on Federalism and Public Finances, instituted by Unioncamere del Veneto and the Veneto Legislative Assembly with the contribution of the Department for Economic and Institutional Policies of Veneto’s Regional Government. The aim is to provide some figures and clues for discussion upon the application of the Law 42/2009 regarding Fiscal Federalism starting from the knowlegdes and experiences of some public and private subjects. Just immediately after the Law’s approval, the research gives a picture of news and ambitions which are objective of the Reform and if defined on time, they could deeply change the structure of the Italian finance and the entire public and private system. We can consider the Law 42 a real turning point in our Legislation. It has drawn on some of the proposals moved in the previous researches to speed up the Federalism implementation in Italy. Now the politics who have won the recent election are required to demonster a major responsibility both in the management and in the issue of the different orders based on the actual efficiency demonstered by the Public Administrations.

Federalism and competitiveness

The work, sponsored and carried out by Unioncamere Veneto and the Regional Council of Veneto through the Observatory on Federalism and Public Spending, has been possible thanks to the collaboration of the Regional Department on Economic and Institutional Development. The research provides an update on the geography of fiscal imbalance in Italy and Europe and describes in detail the economic benefits that might arise from the implementation of fiscal federalism.. On the eve of the much awaited road map for fiscal federalism, we show how the stalemate on reforms is damaging the competitiveness of the regions that have greater fiscal capacity and are more dynamic. We estimate that the “Calderoli Draft”, which incorporates some of our previous work, will create a favourable fiscal environment that will boost competitiveness for the whole Country.

Public spending and federalism

This research, conducted by Unioncamere Veneto and the Veneto Regional Council through the Observatory on Federalism and Public Spending, has beeen carried out with the support of the Regional Department for Economic and Institutional Development. The aim of the work is to investigate the relation between public debt and economic competitiveness. Through a series of economic estimates , it is argued that , simply by imitating the fiscal structure of Germany, Italy’s main trade partner, our Country will save an amount of money equal to 2% of its GDP (i.e. more than 26 billion euros each year).

The costs of ‘non federalism’

This work assesses the costs and consequences of the implementation delays occured to the constitutional reform of 2001. After analysing the financial flows from the centre to the periphery (and vice-versa), it estimates the costs of the delays in the implementation of the federal reforms both for Veneto and the other Italian regions. It then compares the Italian situation with that of other European states that have undergone processes of devolution. It finally argues that the full implemetation of the federal system envisaged by the constitutional reform of 2001 would contribute immensely to the solution of two national problems: public debt and slow economic growth.