Introduction of a minimum income for integration and easing of restrictions on companies hiring fixed-term employees. These are the measures destined to arouse the most heated debate among those suggested by the economic "wise men" (Filippo Bubbico, Giancarlo Giorgetti, Enrico Giovannini, Enzo Moavero Milanesi, Giovanni Pitruzzella and Salvatore Ross), who today at the Quirinale presented the their suggestions to relaunch the country.
Let's see what are the main points addressed by the experts chosen by Giorgio Napolitano in their report.
WORK AND SOCIAL ISSUE
In the coming months, according to the report of the "wise men", it would be necessary "to allocate any contingent financial resources to the work emergency and to support people and families in serious economic difficulty". Or "refinancing the social safety nets in derogation" and "tackling the serious issue of the so-called exodus". It could also "recognize a tax credit to low-paid workers (among whom the share of young people is higher), which turns into a monetary subsidy if it exceeds the tax due" and "favor female work, enhancing, among the other, teleworking and the tools to improve the reconciliation of work and family care times”.
According to the "sages" it would then be necessary "to define the new ISEE (indicator of the equivalent economic situation), already being examined by the State-Regions Conference, on which many social benefits and services depend" and "evaluate the various hypotheses relating to the possible introduction of a minimum income for integration, to be included in an overall review of assistance".
GROWTH
The "wise men" believe that it is fundamental in the first place "to get credit to small and medium-sized enterprises (SMEs) and complete the payment of commercial debts of the public administration", making sure that "the mandatory 30-day deadline for payments, in force since the beginning of the year, is actually respected”.
Secondly, we should "expand the operations of the Central Guarantee Fund for small and medium-sized enterprises, which can, through guarantees to banks and Confidi on loans to SMEs, activate additional loans for over 30 billion".
Another crucial point is the acceleration in the use "of the Structural Funds of the European Union, strengthening the synergy between central, regional, local administrations and businesses".
TAX SYSTEM
In addition to "presenting the tax enabling bill for approval by Parliament" and "improving the fight against tax evasion", in this sector the "wise men" propose to further liberalize various sectors, including transport, insurance and energy.
PUBLIC ADMINISTRATION
To improve the efficiency of the Public Administration, the "wise men" believe it is necessary "to introduce a flat-rate and automatic compensation for the delays of the administrations" and "to adopt the standard needs-cost mechanism envisaged by fiscal federalism for the expenditure of regions and local bodies" . It would also be necessary “to review the internal stability pact in the light of the new article 81 of the Constitution; strengthen, improving them, the spending review mechanisms and set up the Fund for the most virtuous administrations in terms of effectiveness and efficiency".
INTERNATIONAL TRADE
According to the "wise men", it would be necessary "to increase the operations of the hub made up of Sace, Simest and Cassa Depositi e Prestiti in the field of export insurance and financing, remodeling the relative regulatory discipline on the model of the German Ipex-Bank". Furthermore, "with the occasion of Expo 2015", it would be appropriate "to mobilize institutions and production systems for the purpose of relaunching the Italian image in the world and to ensure the maximum impact of the event on the national economy". Finally, we should "concentrate resources over the next two years to strengthen the tourism sector and enhance the cultural heritage by activating various public-private partnership tools".
RESEARCH AND INNOVATION
In this context, the essays propose to "establish a public-private investment fund which operates as a fund of venture capital funds, reinforcing the regulatory operations of the two private equity funds already set up at the Cassa Depositi e Prestiti (Italian investment fund and Italian Strategic Fund). It should also "recognize a tax credit against expenses for Research and Development" and "support SMEs in participating in tenders for European Union funds in this sector".
Download the text of the report in Pdf:
Attachments: _agenda_possibile_economia.pdf
