Abstract
This Report was prepared by a Committee chaired by Mario Sarcinelli (Director General of the Treasury) and was presented to the Italian Treasury Minister on 18 March 1987. The members of the Committee were Mario Arcelli, Corrado Conti, Felice Gianani, Lucio Izzo, Rainer S. Masera, Mario Monti, Antonio Pedone, Paolo Ranuzzi and Luigi Spaventa.
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