Case | HBS Case Collection | August 2002 (Revised December 2003)

Italy: A New Commitment to Growth

by Richard H.K. Vietor and Rebecca Evans

Abstract

Examines Italy's efforts to comply with the Maastricht Treaty and become integrated with Europe in the European Union. By 2002, Italy has achieved macroeconomic stability, but slow growth threatens the country's future competitiveness. Prime Minister Silvio Berlusconi has proposed an aggressive reform package, including tax cuts, infrastructure projects, and labor and pension reform. If these economic reforms are passed, Italy may be in jeopardy of breaching the stability and growth pact. A rewritten version of an earlier case.

Keywords: Macroeconomics; Economic Growth; Competitive Strategy; Integration; Governing Rules, Regulations, and Reforms; Policy; Government and Politics; Globalized Economies and Regions; International Relations; Alliances; Italy; European Union;

Citation:

Vietor, Richard H.K., and Rebecca Evans. "Italy: A New Commitment to Growth." Harvard Business School Case 703-007, August 2002. (Revised December 2003.)