Export incentive measures in Italy
DOI:
https://doi.org/10.13133/2037-3643/12791Keywords:
Italy, insurance, credit, tax incentives, export development, policyAbstract
The note examines the modus operandi and the practical results of the insurance, credit, and tax measures introduced in recent years in Italy as a means of aiding the development of exports. These new measures do not mark a revision of Italian commercial policy, which is still aimed at the broadening of international economic cooperation. They "have only reduced the margin of disadvantage between the conditions from which the Italian exporter starts, and those affecting the exporters of other European countries". Nevertheless, the margin is still a wide one with respect to some countries. This is due to a number of reasons which the note examines in detail: the limited range of products on which the facilities are granted; the exclusion from the insurance scheme of some kinds of risk which are amply covered by the legislation of other countries; low percentage of the risk that can be insured; low level of tax rebates, etc.
JEL: F13