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21:42 Dec 8, 2003
English to Italian translations [Non-PRO] Bus/Financial
English term or phrase:grand bargain
Si parla del sistema pensionistico italiano di qualche decennio fa:
"The system had at its heart a grand bargain. Everyone on the inside had his or her small area of privilege. Enough people had privileges to lose if the system changed to ensure that the system had stron political support"
"Who were the winners and losers in the system? Unfortunately,the gran bargain that was at its center had so many cross-subsidies built in that it is often hard to disentangle who obtained the benefits and who really bore the costs".