Abstract

The Economy of the Italian Regions in the year 2005 analyzes the evolution of production, labour market, financial aggregates and regional public finances in the four main Italian territorial areas. Topics analyzed focus on structural change in the Italian economy; trends in Mezzogiorno's exports; the evolution of local markets for university-level education after the introduction of a three-year degree; and the composition of households' financial assets and liabilities. Also examined are regional regulation in the commerce sector and the management of local public transportation. Two final points of focus relate to local public finances: the degree of regional taxation flexibility, and the main peculiarities of the five special statute regions.

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