The Autonomous Province of Trento can claim a truly unique historic and cultural identity, codified in the form of a special institutional autonomy granted after the Second World War (1946) in a specific agreement signed by Italy and Austria. In Trentino all the most important political decisions are taken locally, rather being referred to central Government; hence economic decisions are made rapidly, on the basis of the specific characteristics of the area and with the objective of promoting excellence. The financial resources and wealth produced remain within Trentino and are managed by the provincial government.

Bureaucratic procedures in Trentino, streamlined and effective, also benefit from Provincial autonomy and are inspired more by the bureaucratic system in the Anglo-Saxon world than by the Mediterranean model, guaranteeing rapid and effective responses according to a clearly defined timescale.

The Autonomous Province of Trento at a glance
Provincial Ministries 8
Percentage of tax income locally produced and remaining in the Province 90%
Budget around € 4.6 billion per year
Average times for completion of refunding procedures (2013) 56 days
93% > 30 days
Average times for completion of administrative procedures (2013) 44 days
56% use the maximum term of 79 days

[Source: Statistics Office of the Autonomous Province of Trento]


August 17, 2016

Education and vocational training (Source: Cinformi Informative Centre for Immigration)

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June 06, 2016

11th edition of Trento Economics Festival closes its door

After a four days brainstorming on economics, mainly focused on the issue “where economic growth works”, it is time for a balance. Read full article

June 06, 2016

A sight on the future of global economy

“Grand finale” at the Trento Economics Festival with the 2001 Nobel Prize for Economics Michael Spence. Should we truly expect a long period of low rate economic growth all over the world? Read full article

June 05, 2016

Growth without employment: are web & robot stealing our job?

A debate on growth without employment with Italian Labour and Welfare Minister Giuliano Poletti and Linda Laura Sabbadini, statistician at ISTAT (Italian National Agency on Statistics). Read full article

June 05, 2016

Cities and their potential to answer humanitarian crisis

The Institute for New Technology’s lecture at the Trento Economics Festival featured Paul Romer, to discuss the transformative role cities could play in turning the humanitarian crisis into an opportunity for development and growth. Read full article

June 05, 2016

Can constitutional reforms encourage growth?

Italian Constitutional Reforms Minister Maria Elena Boschi explains main features and purpose of the project Read full article

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