Rome
19 March 2014
Of virtue and necessity: privatization to spur growth in Italy
Proceedings at this national roundtable got underway with participants observing that Italy periodically looks to privatization as a means to restoring the fragile fortunes of its public finances. Yet while the increasingly straitened condition of these finances is what gives rise, from time to time, to the need to engage in such sell-offs, privatization cannot and should not merely entail a quick grab for cash. Indeed, the roundtable saw a number of different aspects of privatization discussed.