Italy: Background Economic Issues
Summary:
This paper focuses on selected aspects of Italy’s fiscal situation, its origins, and its pervasive economic consequences. The paper analyzes different aspects of regional duality and the unbalanced recovery. The paper highlights that regional duality is a salient feature of the Italian economy. In the south, average incomes and consumption are lower, unemployment rates higher, and the percentage of the population living in poverty larger than in the center and north. The paper also examines fiscal performance of Italy during 1986–95.
Series:
Country Report No. 1996/035
Subject:
Budget planning and preparation Expenditure Fiscal policy Labor Pension spending Pensions Public debt Public financial management (PFM)
Notes:
This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
English
Publication Date:
May 7, 1996
ISBN/ISSN:
9781451819694/1934-7685
Stock No:
1ITAEA0011996
Pages:
132
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