Cover IMF Staff Country Reports
Italy: Selected Issues
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2006: Issue 059
Language:
English
Publication Date:
16 Feb 2006
DOI:
https://doi.org/10.5089/9781451819885.002
ISBN:
9781451819885
ISSN:
1934-7685
Pages:
142
Keywords:
ISCR; CR; export; private sector; factors accounting; infrastructure investment; chapter VI; product market regulation; nondurables consumption; Competition; Personal income; Public investment and public-private partnerships (PPP); Income; Consumption; Europe; Global; Western Europe; Africa
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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.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund