Italian Budget Policy: A Long Run Overview

The aim of this work is to present an overview on Italian Public Administration accounts from the 1960s to the present days. We will look at how public expenditure and receipts have evolved over the years, responding to favourable or unfavourable economic circumstances and to policy makers decisions. Analysis will start in detail from the beginning of the 1980s (Section 3), with an eye to previous decades, in order to understand what determined the present economic scenario (Section 2). Section 4 will look at the 1990s and the beginning of the new century, splitting them into four sub-periods. Section 5 will conclude.