Italy: Selected Issues

September 27, 2013

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Format: Chicago

Italy: Selected Issues, (USA: International Monetary Fund, 2013) accessed December 21, 2024

Summary

This Selected Issues paper presents Italy’s economic growth through innovation and reforms. It highlights that Italy’s future competitiveness depends on the institutional and macroeconomic conditions that allow productive firms to innovate, expand, and attract inward foreign direct investment (FDI) that in turn will require the successful implementation of the authorities’ full structural- and institutional-reform agenda. The IMF report focuses on the enforcement of civil and commercial claims in Italy as a key way to improve the environment for sustaining economic growth. There has been considerable interest in the possibility of introducing a comprehensive wealth tax in Italy, reflecting the public resistance to spending-only austerity.

Subject: Distressed assets, Financial institutions, Financial sector policy and analysis, Nonperforming loans, Property tax, Public financial management (PFM), Tax expenditures, Taxes, Transaction tax

Keywords: Banca Monte dei Paschi di Siena, Bank ownership, Bank performance, Bank recapitalization effort, Court fee, CR, Distressed assets, Europe, Global, ISCR, Nonperforming loans, Privatized bank, Property tax, Tax expenditure, Tax expenditures, Transaction tax, Write-off rate

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/299
Stock No:

1ITAEA2013002
ISBN:

9781484386255
ISSN:

1934-7685

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