Monti and the “Mother of All Reforms”

(wonkish) Whether Mario Monti will be remembered as Italy‚Äôs savior (from default) or as just another well-meaning economics professor,  will largely depend on the government’s “Phase2”. In “Phase 1”, the government aimed at adopting “structural” reforms that would durably curb the budget deficit. The pension reform, the property tax  and and the anti tax-evasion measures […]