Improving the performance of Italy’s labor market

While Italy’s labor market performance has improved over the past decade, reflecting previous reforms, employment and productivity continue to lag its peers. This column argues that fixing these problems requires a “second generation” of reforms to reduce labor market asymmetries and liberalize product markets. Italy’s labor market trends have improved in recent years. Spurred by […]

Improving the performance of Italy’s labor market

While Italy’s labor market performance has improved over the past decade, reflecting previous reforms, employment and productivity continue to lag its peers. This column argues that fixing these problems requires a “second generation” of reforms to reduce labor market asymmetries and liberalize product markets.