Should Italy Sell Its Nonfinancial Assets to Reduce the Debt?

Should Italy Sell Its Nonfinancial Assets to Reduce the Debt?
This paper assesses the proposal, publicly debated in recent years in Italy, to reduce public debt by selling public assets, especially nonfinancial tangible assets. The main findings indicate that, although selling public assets has some merit if done to make more productive use of them, practical complications abound. Moreover, such sales... READ MORE...

Publication date: May 2008
ISBN 9781451945959
$18.00

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