Italy Flashcards
0
Q
Current Dependency ratio?
A
1:4
1
Q
GDP?
A
2.194 Trillion
2
Q
How much was given to couples under cash payments for babies?
A
€1000
3
Q
When was Cash Payments For Babies introduced?
A
2003 (revised April 2004)
4
Q
Purpose of Cash Payments?
A
To increase TFR via financial incentive
5
Q
How did Cash Payments affect TFR?
A
went from 1.27 in 2002 to 1.4 in 2010
6
Q
When was the pension reform?
A
1990
7
Q
How much will Pension Reform save?
A
2% of GDP = 42 Billion
8
Q
How much super paid under PR?
A
9% + 23%
9
Q
How did Pension Reform affect participation rate?
A
47% in 90 - 49% in 93
