Special report | Structural faults
Italy’s protected sectors need exposure to more competition
Their approach to management and the labour market need a shake-up, too
The macroeconomic outlook for Italy is cloudy. But it is microeconomic factors such as labour- and product-market regulation, protected incumbents and a broader lack of social trust that do most to discourage Italian firms from investing and foreign investors from coming in.
This article appeared in the Special report section of the print edition under the headline “Structural faults”