Ten lessons from the 2014 Italian spending review

Carlo Cottarelli

ECONOMIA PUBBLICA, 2015, vol. 2015/1, issue 1, 177-186

Abstract: This paper discusses ten lessons for future spending reviews based on the experience of the 2014 Italian spending review. Among other things, it underscores the importance of a clear top down component, of transparency, of outreach, of avoiding equal cuts to spending units that differ in terms of efficiency level, and, of course, of political support, as spending cut decisions are ultimately political decision, given their impact on resource allocation and income distribution.

JEL-codes: H50 H61 (search for similar items in EconPapers)
Date: 2015
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