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First edition of the EPSI (Economics of the Public Sector and Institutions) Conference

News Financial services Italian General Updates
Date: 8th Feb, 2024 Source: Bank of Italy Country: Italy Original Source

Brief

Summary

The document highlights the crucial role of the public sector in advanced economies, primarily due to the presence of multiple market failures. The state can intervene in various ways, including regulation, direct provision of public services, and promotion of structural changes through incentives or costs. The quality and efficiency of the public sector are essential in correcting market failures and achieving optimal resource allocation. The first edition of the EPSI conference, organized by the Bank of Italy, will take place on September 9-10, 2024, featuring two keynote lectures by renowned scholars, Raffaella Sadun and Jan Eeckhout.

In tutte le economie avanzate, il settore pubblico ricopre un ruolo fondamentale, principalmente dovuto alla presenza di molteplici potenziali fonti di fallimenti del mercato. L’intervento dello Stato può assumere forme diverse che vanno dalla regolamentazione – che incide sul funzionamento dei mercati e sull’attività imprenditoriale – alla fornitura diretta di servizi pubblici. Inoltre, lo Stato

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Highlights content goes here...

In tutte le economie avanzate, il settore pubblico ricopre un ruolo fondamentale, principalmente dovuto alla presenza di molteplici potenziali fonti di fallimenti del mercato. L’intervento dello Stato può assumere forme diverse che vanno dalla regolamentazione – che incide sul funzionamento dei mercati e sull’attività imprenditoriale – alla fornitura diretta di servizi pubblici. Inoltre, lo Stato

This content is restricted.

Bank of Italy

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