Italy: Selected Issues
November 13, 2003
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
The Selected Issues paper is focused on policies to secure strong growth and safeguard fiscal sustainability. The paper analyzes the reasons behind Italy's persistent inflation differential vis-a-vis the euro area. It reviews Italy's large regional imbalances through a catch-up in income levels and estimates a growth model using panel data for Italian regions to determine the impact of a number of factors in addition to convergence forces. It also focuses on fiscal sustainability and reviews the case for additional pension reform steps in Italy.
Subject: Aging, Expenditure, Inflation, Labor, Pension spending, Pensions, Population and demographics, Prices, Retirement
Keywords: Aging, chapter II, CR, Europe, Inflation, inflation differential, ISCR, labor market, pension, pension expenditure, Pension spending, pension system, Pensions, PPP GDP, real GDP, Retirement
Pages:
87
Volume:
2003
DOI:
Issue:
352
Series:
Country Report No. 2003/352
Stock No:
1ITAEA0022003
ISBN:
9781451819816
ISSN:
1934-7685
