Under pressure from the European Union, which had acknowledged Italy to the "Eurozone" hesitantly, on condition that the nation control its deficit spending and reduce its high public debt, the central government in Italy started tons of cost cutting plans in the late 1990s and early 2000s.
The program's first priority was to identify products and services bought broadly by public agencies at every level of authorities, and combine them into country-crossing mega contracts. Analyzers had reasoned, by aggregating public sector demand in this style, Italy's public sector could considerably increase its market influence and win huge reductions from providers. This appraisal proved right-but also volatile. In November 2003, Italy's Minister of Finance and Economy ordered a temporary halt to the program to give a chance to find out what to do to administrative and political leaders. HKS Case Number 1925.1
PUBLICATION DATE: September 30, 2008 PRODUCT #: HKS445-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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