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Many of Italy's great art treasures are owned and managed by the government

Economics

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Many of Italy's great art treasures are owned and managed by the government. Italy's cultural institutions, however, are in trouble because of inadequate government funding. In response, the government in 2002 set up a new state agency whose purpose was to value Italy's cultural treasures and decide what could be sold or leased to private firms. Is it appropriate for a nation to privatize its museums?