Tax decentralization and local government size

This paper investigates the relationship between fiscal federalism and the sizes of local governments. While many empirical studies emphasized that grants encourage the growth of local public spending and local taxes constrain it, they are more silent regarding the effects of different types of tax autonomy. The paper addresses this issue by arguing that tax decentralization as organized on tax bases used only by local governments (tax-separation), rather than on tax-base sharing, would restrain local public expenditures. Using an unbalanced panel of OECD countries, the key finding is that only property taxes—mostly based on a “tax-separation” scheme—seem to favor smaller local governments. Thus, while tax decentralization is a necessary condition for limiting the growth of local governments, it does not appear sufficient, as tax-separation schemes among government levels would in fact be required.     

The bank of italy in the european system of central banks

This article illustrates the legislative and organizational changes affecting the Bank of Italy as a consequence of its participation in the European System of Central Banks (ESCB). The Bank of Italy, while losing its independence in setting national monetary policy, will take part on an equal footing with the other member central banks in setting the single monetary policy for the Union through the participation of its Governor in the Governing Council of the European Central Bank (ECB). The implementation of the single monetary policy and the management of both the exchange rate regime and the official reserves will be decentralized.     

Reluctant disarmer: Italy's ambiguous attitude toward NATO's nuclear weapons policy

Of the five North Atlantic Treaty Organization (NATO) European countries of US nuclear forward deployment, Italy is the least-known and studied case, even though the country hosts the largest number of US nonstrategic nuclear weapons (NSNWs) and still has two bases of deployment. The paper aims at filling this gap by analyzing Italy's current view on the presence, value, and future of NSNWs hosted on its territory. The analysis begins with the examination of the process of profound devaluation that has minimized, starting from the end of the cold war, Italy's original interest in this category of weapons. It then examines the reasons why Rome continues to pursue conservative nuclear weapon policies and distances itself significantly from the progressive camp of NATO members, particularly Germany, that explicitly call for the withdrawal of US NSNWs from Europe. Through the study of the Italian domestic politics and security culture, the article explains Italy's opposition to any radical change in the NATO nuclear status quo, and its reluctance to pursue policies that are consistent with the process of nuclear devaluation that the country has experienced over the past two decades.     

Factitious disorder comorbid with bipolar I disorder. A case report

We describe a case of factitious disorder with physical and psychological symptoms comorbid with bipolar I disorder in a 37-year-old woman. Since the onset of bipolar disorder, which occurred at the age of 31, she increasingly complained of physical symptoms, compulsively seeking medical and surgical interventions. She has been hospitalised several times and her Munchausen-type factitious disorder recently appeared to be developing into Munchausen by proxy, involving her 11-year-old daughter. The patient adhered poorly to stabilising and antipsychotic drug treatment and did not improve through the years. We here analyse her mood phases, which were always associated with changes in the quality of factitious symptoms, according to whether the disorder was in its depressive phase (somatic complaints and suicidal ideation prevail), or in its manic or mixed phase (medical intervention-seeking and manipulation of clinicians to obtain surgical interventions). We also briefly discuss some important forensic issues to consider in similar cases, mainly stemming from the psychotic aspects of these two co-occurring disorders. Clinicians should be aware of some patients' ability to produce signs and symptoms of physical and/or psychological illness and consult psychiatrists before giving consent to invasive diagnostic procedures or surgery.     

Italy--reduced tax benefits for 'family REITs' and anti-avoidance provisions

Italian REITs, as defined under Article 37 of the Italian consolidatedlaw on the financial sector (Legislative Decree of 24 February1998 n 58) have traditionally enjoyed a favourable tax treatment.Since 2004 they have been exempt from income tax, whereas unit-holdershave been liable to a     

Platforms,media and voters

Abstract The paper presents data on party platforms, political communication and public opinion in the 1996 Italian election campaign. It is shown that the electoral platforms of the two major coalitions were largely overlapping, except for some economic and social issues. The centre–right coalition seemed more inclined to adopt pro–market policies, while the platform of the Ulivo coalition was more oriented toward a social partnership approach. In the month before the elections, policy issues were discussed on television more extensively than political issues. Public and private networks covered the 1996 election campaign at the same level as in 1994 and to some extent with the same bias. Voting intentions seem to have remained stable prior to and during the electoral campaign.