Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74232 
Year of Publication: 
2005
Series/Report no.: 
Nota di Lavoro No. 118.2005
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This report provides an overview of the causes and consequences of the Italian State-owned Enterprises (SOE) reform process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public equity markets, and financial market development, and shows how the sustained policy of sales has jumpstarted the Italian domestic stock market. Based on the Italian and international experience, the report provides some possible guidelines and policy recommendations in order to achieve the same goal in the People’s Republic of China (PRC).
Subjects: 
State-owned enterprises
Share issue privatization
Financial development
Italy
China
JEL: 
L33
L30
O16
G14
Document Type: 
Working Paper

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