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Italy Recent Economic Developments And Selected Issues
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Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451819706 Total Pages :139 pages Book Rating :4.4/5 (518 download)
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-05-30 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Italy, Recent Economic Developments and Selected Issues by :
Download or read book Italy, Recent Economic Developments and Selected Issues written by and published by . This book was released on 1997 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Italy by : Fonds monétaire international
Download or read book Italy written by Fonds monétaire international and published by . This book was released on 1997 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451819684 Total Pages :123 pages Book Rating :4.4/5 (518 download)
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-05-10 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews developments in the Italian economy during 1994 with some special attention to some specific issues. It describes trends in the real economy, with special annexes focusing on the outlook for inflation and the response of employment to cyclical and structural factors. The paper discusses fiscal developments, and summarizes developments in the monetary sector. It also reviews empirical evidence on money demand in Italy, and the combination of cyclical and structural factors impinging on the banking system.
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-07-10 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues Paper focuses on structural reforms and fiscal devaluation in Italy. Italy’s economy has a number of important strengths. Despite these strengths, Italy’s economic performance has lagged behind its peers. The authorities’ reform plans are under way in different sectors of the country. In most cases, if reforms go in the right direction, their impact would depend on consistent and prompt implementation. The model-based analysis also suggests that the potential gains to the economy from deeper reforms can be sizable.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1498360076 Total Pages :75 pages Book Rating :4.4/5 (983 download)
Book Synopsis Italy by : International Monetary Fund. European Dept.
Download or read book Italy written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-09-18 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Selected Issues paper investigates options for improving the efficiency of the Italian judicial system and closing the regional performance gap. Better courts would bring about macroeconomic benefits, including increased employment opportunities, and higher productivity, investment, and research and development. The Italian financial system faces several challenges in order to restore profitability under weak growth conditions and to adapt to a changing global environment. This chapter explores ways of improving profitability and the challenges of shifting from a bank-based financial system, common in EU countries, to a more ‘market-based’ system. Along with this shift comes a diversification of financing sources, led by further development of capital markets. Budget allocation in Italy will need to increasingly rely on efficiency analysis to find savings and improve performance. The analysis in this chapter finds that large social spending in Italy, particularly current pensions, will need to be tackled to generate sizable expenditure savings. In education and non-pension social protection there is scope for improving outcomes with current resources. In other areas, reducing cross-regional variation in spending efficiency could also lead to savings. Reforms should focus on court management, rationalization of the appeal system, reduction of the backlog of pending cases, and wider use of out-of-court mediation.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :37 pages Book Rating :4.4/5 (2 download)
Book Synopsis Italy by : International Monetary Fund. European Dept.
Download or read book Italy written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2022-08 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1498355579 Total Pages :43 pages Book Rating :4.4/5 (983 download)
Book Synopsis Italy by : International Monetary Fund. European Dept.
Download or read book Italy written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-07-11 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes the conditions under which Italian banks can earn sufficient profits to grow out of their asset quality problems, rebuild capital buffers, and finance the real economy. A bottom-up analysis of the 15 largest Italian banks suggests that restoring sustainable profitability depends heavily on the growth outlook. Many banks are expected to become more profitable as the economy recovers, but their capacity to lend depends on the size of their capital buffers. However, a number of smaller banks face substantial profitability pressures, highlighting the need to reduce the large stock of nonperforming loans and for further cost cutting and efficiency gains.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451812000 Total Pages :102 pages Book Rating :4.4/5 (518 download)
Book Synopsis Spain by : International Monetary Fund
Download or read book Spain written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-05-27 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Recent Economic Developments and Selected Issues paper highlights that after several years of relatively buoyant growth, Spain’s economy went into recession in late 1992 and through 1993, but recovered rapidly in 1994 and early 1995. Toward the end of 1995, there was a renewed slowdown, though less marked than in other European countries, followed by a gradual acceleration during 1996. Over the three-year period 1994–96, GDP growth averaged 2.4 percent a year. The employment growth picked up relatively strongly in 1995 and 1996.
Download or read book Italy written by Hellmut Schumann, Zurich and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Italy, Selected Issues written by and published by . This book was released on 2000 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :149835369X Total Pages :95 pages Book Rating :4.4/5 (983 download)
Book Synopsis Euro Area Policies by : International Monetary Fund. European Dept.
Download or read book Euro Area Policies written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-07-08 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses the impact of workforce aging on productivity in the euro area. The euro area population has aged considerably over the past few decades, and the process is expected to accelerate in the years ahead. At the same time, labor productivity growth in the euro area has been sluggish, posing risks to long-term growth prospects. It is estimated that workforce aging could significantly retard total factor productivity (TFP) growth over the medium to long term. Given current demographic projections from the Organisation for Economic Co-operation and Development, the aging of the workforce in the euro area could lower TFP growth by about 0.2 percentage points each year between 2014 and 2035. Appropriate policies can, however, mitigate the adverse effects of aging.
Book Synopsis IMF Staff Country Report 99/061 Italy - Selected Issues by : International Monetary Fund Staff
Download or read book IMF Staff Country Report 99/061 Italy - Selected Issues written by International Monetary Fund Staff and published by . This book was released on 1999-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1513540912 Total Pages :112 pages Book Rating :4.5/5 (135 download)
Book Synopsis Euro Area Policies by : International Monetary Fund. European Dept.
Download or read book Euro Area Policies written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-07-27 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses the risks of low growth and inflation over the medium term for the euro area. It examines the consequences of longer term trends that predate the crisis and the progress made in addressing the crisis legacies of high unemployment and debt. The paper illustrates, in a downside scenario, how low potential growth and crisis legacies leave the euro area vulnerable to the risks of stagnation. The weak medium-term prospect and limited policy space leave the euro area vulnerable to shocks that could lead to a prolonged period of low growth and inflation. Model simulations suggest that a modest shock to investor confidence could push up risk premia and real interest rates, as policy space is constrained at the zero lower bound and fiscal policy space to provide stimulus is limited. Moreover, the lingering crisis legacies of high debt and unemployment could amplify the original shocks, creating a bad feedback loop and keeping the economy stuck in equilibrium of stagnation.
Book Synopsis The Growth of the Italian Economy, 1820-1960 by : Jon S. Cohen
Download or read book The Growth of the Italian Economy, 1820-1960 written by Jon S. Cohen and published by Cambridge University Press. This book was released on 2001-09-06 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brief, up-to-date account of Italy's transformation from an agrarian state to an industrial powerhouse.
Book Synopsis The Oxford Handbook of the Italian Economy Since Unification by : Gianni Toniolo
Download or read book The Oxford Handbook of the Italian Economy Since Unification written by Gianni Toniolo and published by Oxford University Press. This book was released on 2013-01-04 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy. The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1484397711 Total Pages :71 pages Book Rating :4.4/5 (843 download)
Book Synopsis Italy by : International Monetary Fund. European Dept.
Download or read book Italy written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-02-06 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that Italy has been struggling with low economic growth and poor social outcomes and structural weaknesses have been at the core of this economic underperformance. Growth is projected to slow further, and the risk of recession has risen. The extent to which risks materialize depends largely on Italy’s policies. The authorities felt strongly that a fiscal stimulus is needed to promote economic growth and improve social outcomes. The authorities are also seeking to reduce temporary employment and support job search. The report suggests that faster potential growth is the only durable way for Italy to improve outcomes and enhance resilience. A package of structural reforms, a credible fiscal consolidation based on growth-friendly and inclusive measures, and bank balance sheet strengthening structural reforms, fiscal policy, and financial stability are also recommended. As by facilitating re-alignment of wages with productivity at the firm and regional levels, Italy’s high structural unemployment would fall, as would the continued heavy resort to temporary employment.
