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by lormayna 906 days ago
As an Italian, I can only confirm: that the lack of concurrency and free market here is probably the biggest problem for economic growth. So many markets are under heavy regulation and there are a lot of barriers to entering it. Lobbying and political personal interests are just aggravating the situation: taxi license owners, Alitalia workers or tourism minister that own a luxury bath that pay a very little of concession tax are just few examples. Together with a high level of populism in almost every political party this is the biggest issue for Italy economic growth and development.