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.