Policy Analysis of the Financial Sector in the Context of Covid-19 the Case of Italy

Abstract

This paper analyses in detail the financial policies adopted by the national financial sector in the context of the covid-19, the study assesses the number and nature of economic policies introduced during 2020 in 10 countries using data from the Kaggle database. And finally, Italy was selected for the specific study, which introduced the greatest number of policies during the year. The study describes the data through tools such as bar charts, pie charts and tables, and employs a three-tiered classification of policies to give more detail to the analysis. The report shows that Italy's primary focus was on the banking sector with a clear emphasis on support for borrowers. In addition, the Italian government's expansionary fiscal policies have played a key role in revitalizing sectors hit hard by the pandemic, including tourism. While these policies improved Italy's economic situation during the pandemic to some extent, the potential impacts, such as an increase in the national deficit and the burden on the Government, merit future study.