Functions of the State in the Transition Economy

Any systemic whole, as well as a complex, systemic process, cannot do without regulation or management. The difference lies in the fact that some systems are regulated by internal, as if built-in mechanisms, and therefore are self-regulating (for example, the  human body), while others, not having their own mechanism of self-regulation, or in conditions where […]

ECONOMIC POLICY OF THE GOVERNMENT OF ITALY

Italy has the largest public sector of all developed countries. Until now, up to 50% of the economy and 70% of the country’s banking system has been under state control. Italy has one of the highest indicators of GDP production by the public sector among developed countries and the share of state-owned enterprises in the […]