The recommendations by the Bank of Italy Governor on social security

An opting out proposal similar to the CeRP one

Mario Draghi’s concluding remarks (Bank of Italy, Meeting of Sahreholders, 31/05/2007)

The Governor’s recommendations on social security (extract from the concluding remarks

The CeRP opting out proposal can be found in the following articles:

Privatizzare la previdenza sociale? Condizioni, modalità e limiti by Onorato Castellino and Elsa Fornero; in Politica Economica, anno xiii, num. 1, 1997, pp. 3-26 (Italian only).

From PAYG to funding in Italy: A Feasible Transition? by Onorato Castellino and Elsa Fornero, The Geneva Papers on Risk and Insurance, Vol. 24, n. 4, October 1999.