Italy: Background Economic Issues

May 7, 1996

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Italy: Background Economic Issues, (USA: International Monetary Fund, 1996) accessed December 25, 2024

Summary

This paper focuses on selected aspects of Italy’s fiscal situation, its origins, and its pervasive economic consequences. The paper analyzes different aspects of regional duality and the unbalanced recovery. The paper highlights that regional duality is a salient feature of the Italian economy. In the south, average incomes and consumption are lower, unemployment rates higher, and the percentage of the population living in poverty larger than in the center and north. The paper also examines fiscal performance of Italy during 1986–95.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Labor, Pension spending, Pensions, Public debt, Public financial management (PFM)

Keywords: Amato system, Budget planning and preparation, Budget procedure, Contribution rate, Coordination of monetary and fiscal policy, CR, Europe, Government, ISCR, Monetary policy, Pension spending, Pensions, Reform proposal

Publication Details

Pages:

132
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/035
Stock No:

1ITAEA0011996
ISBN:

9781451819694
ISSN:

1934-7685

Notes

This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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