Italy: Selected Issues

February 16, 2006

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Format: Chicago

Italy: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 23, 2024

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.

Subject: Banking, Competition, Consumption, Expenditure, Financial markets, Income, National accounts, Personal income, Public investment and public-private partnerships (PPP)

Keywords: Africa, Chapter VI, Competition, Consumption, CR, Europe, Export, Factors accounting, Global, Income, Infrastructure investment, ISCR, Nondurables consumption, Personal income, Private sector, Product market regulation, Public investment and public-private partnerships (PPP), Western Europe

Publication Details

Pages:

142
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/059
Stock No:

1ITAEA2006001
ISBN:

9781451819885
ISSN:

1934-7685

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