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Italy.

Author: International Monetary Fund European Dept
Publisher: Washington : International Monetary Fund, 2014.
Series: IMF Staff Country Reports.
Edition/Format:   eBook : Document : English
Summary:
KEY ISSUESUnleashing Italy's PotentialThe economy is struggling to emerge from a prolonged balance-sheet recession ... Tight credit conditions, weak corporate balance sheets, and deeply-rooted structural rigidities continue to weigh on domestic demand. The high level of public debt and membership in a currency union highlight the importance of tackling these structural weaknesses ... and the risks are tilted to the  Read more...
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Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Dept., International Monetary Fund. European.
Italy: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Italy.
Washington : International Monetary Fund, ©2014
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund European Dept
ISBN: 9781498344562 1498344569
OCLC Number: 894791154
Description: 1 online resource (69 pages).
Contents: Cover; CONTENTS; A STRUGGLING ECONOMY; BOXES; 1. Impact of Financial Conditions on Growth; FIGURES; 1. Outlook: A Struggling Economy; OUTLOOK: A FRAGILE AND UNEVEN RECOVERY; 2. Spillover Implications from Geopolitical Risks and Low Inflation; UNLEASHING ITALY'S POTENTIAL; A. Structural Reforms for Revitalizing the Business Environment; 2. The Case for Structural Reform; B.A Financial Sector That Supports Growth and Investment; 3. The Financial Sector Remains Under Pressure; 3. A New Fiduciary Loan Contract for Efficient Collateral Enforcement; 4: Small and Medium Enterprises. C. Boosting Growth Through Fiscal Policy5. A More Growth-Friendly Public Sector; 4. Italy's Spending Review and the Efficiency of Public Spending; STAFF APPRAISAL; TABLES; 1. Summary of Economic Indicators, 2011-19; 2. General Government Accounts (National Presentation), 2012-19; 2.1. Statement of Operations-General Government (GFSM 2001 Format), 2010-18; 3. Summary of Balance of Payments, 2011-16; 4. Financial Sector Indicators 2009-13; ANNEX; I. Debt Sustainability Analysis; APPENDIXES; I. Progress Against IMF Recommendations; II. Key FSAP Technical Recommendations.
Series Title: IMF Staff Country Reports.

Abstract:

KEY ISSUESUnleashing Italy's PotentialThe economy is struggling to emerge from a prolonged balance-sheet recession ... Tight credit conditions, weak corporate balance sheets, and deeply-rooted structural rigidities continue to weigh on domestic demand. The high level of public debt and membership in a currency union highlight the importance of tackling these structural weaknesses ... and the risks are tilted to the downside. External risks arise from geopolitical tensions, while Italy's high public debt, large public financing needs, and elevated NPLs leave the economy vulnerable to financial contag.

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