Bahtaraeva Karina
Italy’s investment and tax policy under the state credit control during the period of economic modernization
Publication Type:

ISSN 2075-1915

This article presents the analysis of the investment and tax policy of Italy during its economic modernization in 1950-1970. This successful economic growth was possible mainly due to the multi-level system of credit control created by the state. For an each phase of “economic miracle” key investment spheres, investment sources and instruments of state support are identified as well as tax benefits and the specific nature of Italian tax regime. The article also shows the unique role of the state and state-owned enterprises in the fulfillment of the investment policy and the role of state subsidies for investment loans.

Russian Science Citation Index


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