Italy: Recent Economic Developments and Selected Issues

May 30, 1997

Preview Citation

Format: Chicago

Italy: Recent Economic Developments and Selected Issues, (USA: International Monetary Fund, 1997) accessed December 26, 2024

Summary

This paper reviews economic developments in Italy during 1995–96. The performance of the Italian economy in 1996 was characterized by a marked decline in inflation and a strengthening of the external position, accompanied however by lackluster growth. The slowdown in economic activity was more pronounced than in most European countries. Unemployment increased, albeit marginally, for the third consecutive year. The paper shows that during Italy’s economic cycle in 1992–96, key macroeconomic variables did not exhibit their typical cyclical pattern. The paper also briefly reviews developments in the public finances.

Subject: Banking, Commercial banks, Exchange rates, Financial institutions, Foreign exchange, Income, Labor, Labor costs, Loans, National accounts, Real exchange rates

Keywords: Banking sector, Commercial banks, CR, Current account, Economic activity, Europe, Exchange rate, Exchange rates, Income, ISCR, Labor costs, Loans, Monetary policy, Universal bank

Publication Details

Pages:

138
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 1997/044
Stock No:

1ITAEA0011997
ISBN:

9781451819700
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports