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Italy : selected issues

Author: Paulo Flavio Nacif Drummond; International Monetary Fund.
Publisher: [Washington, D.C.] : International Monetary Fund, ©2006.
Series: IMF country report, no. 06/59.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Italy.
Washington, D.C. : International Monetary Fund, 2006
(OCoLC)64404590
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Paulo Flavio Nacif Drummond; International Monetary Fund.
ISBN: 128089184X 9781280891847
OCLC Number: 586163334
Description: 1 online resource (140 pages) : color illustrations.
Contents: Introduction and overview --
Regaining competitiveness : a challenge "Made in Italy" --
Regional growth in the EU and Italy : policies versus (sectoral) legacy --
How expansionary are tax cuts in Italy? --
Infrastructure investment and PPPs --
Assessing competition and efficiency in the banking system.
Series Title: IMF country report, no. 06/59.
Responsibility: prepared by Paulo Drummond [and others].

Abstract:

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.

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