Introduction sectionGeneral Report on Italy’s economic situation - RGE
General Report on Italy’s economic situation - RGE
The General Report on Italy’s economic situation (Relazione Generale sulla situazione economica del paese - RGE, introduced by Law No. 639 of 21 August 1949 outlined the performance of the Italian economy during the previous year. The RGE was an end-of-year report, usually in three volumes, which provided a detailed and comprehensive account of the performance of Italy’s economy during the twelve months before its publication. The RGE is, together with the Forecasting and Planning Report - RPP, the “oldest” planning document of the Italian Republic.
Despite a series of changes made over the years, until 2009 document had the following structure:
Two specific chapters in the first volume analyse developments in the international and Italian economy, with a statistical appendix on national accounting. The second volume contains three sections. The first is a collection of information on output generated by sectors such as agricolture, industry, services, its distribution and the action of general government bodies; it analyses the use of available resources for household expenditure and both private and public investment, as well as regional development and the Government’s action to support underutilised areas. The second section analyses the labour-market situation and the social-security system. With regard to the labour market, demographic indicators are considered, along with human capital training, employment policies and collective bargaining in both the private and public sector. The report goes on to examine the country’s economic situation and the assets of social security institutions, as well as the main data concerning mandatory insurance and health care. The third volume contains an analysis of public finance data (which are an excerpt from the Quaterly Cash Report submitted at the same time as the RGE). The Report also shows the results of the financial accounts of the State sector and the State-owned entities not included in the State sector: Regions, Provinces, Municipalities, the health sector, social security institutions and other minor agencies. It also provides comments on accrual-basis budgeting of General Government bodies.
The last volume contains a substantial statistical annex on all the topics dealt with in the second volume.
The Committee on the reorganisation of the RGE, introduced by Law No. 39 of 7 April 2011 has identified new criteria to draw up and reform this document. More specifically, as of 2012 the RGE shall no longer be submitted in March but in April.