European Parliament Library

Italy :, 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; Statement by the Executive Director for Italy

Abstract
The global crisis had a severe impact on the Italian economy despite elements of strength such as high private savings, low private indebtedness, and a resilient financial system. Executive Directors decided that the public sector wage bill should remain a key element of the consolidation strategy, and close monitoring of subnational public finances should be continued. They commended the authorities for the progress made in structural reforms but stressed that a more ambitious program of reforms needed to be pursued to address Italy’s growth potential
Table Of Contents
Cover; Executive Summary; Contents; I. Context: The Global Crisis Exacerbated Pre-Existing Problems; A. Before the Crisis (1999-2007); Figures; 1. Standard Competitiveness Indicators Indicate a Gap; B. The Global Crisis (2008-09); 2. Economic Recovery is Underway; 3. Fiscal Overview 1995-2009; II. Outlook: A Modest and Fragile Recovery; III. The Policy Agenda: Renewing The Reform Momentum to Foster Sustained Growth; A. Fiscal Sector: Deep Expenditure-Based Consolidation Required; 4. Fiscal Projections, 1996-2015; 5. Pension System, Reforms, and Risks
Language
eng
Literary Form
non fiction
Note
"May 2010"
Physical Description
1 online resource (134 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781455276301

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