Italy: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 059

Publication date: February 2006

ISBN: 9781451819885

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Finance , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , export , private sector , factors accounting , infrastructure investment , chapter VI , product market regulation , nondurables consumption , Competition , Personal income , Public investment and public-private partnerships (PPP) , Income , Consumption , Europe , Global , Western Europe , Africa

Also of interest

Peru

Nepal

Grenada

Republic of Congo : 2001 Article IV

Summary

This Selected Issues paper investigates the factors behind the deterioration in Italy’s international competitiveness. It concludes that the loss of competitiveness accumulated by Italian firms in recent years is mainly a consequence of weak long-term productivity performance. The paper explores the link between policies and growth. Specifically, it finds evidence that rigid product markets and a high tax burden on labor have been associated with slower growth in European regions. The paper also analyzes the role of fiscal policy and its implications for household consumption decisions.