Italy: Staff Report for the 2000 Article IV Consultation
IMF Staff Country Reports, June 13, 2000
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- Italy: Staff Report for the 2000 Article IV Consultation
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Bibliographic details
- Published: June 13, 2000
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451819724.002
Fiscal stance and budget deficit target
- There is broad agreement on the appropriateness of the budget deficit target.
- The government aims to:
- strengthen expenditure control and efficiency at the national and subnational levels,
- achieve a reduction in the tax burden while cutting the fiscal deficit.
Policy measures and public finance management
- Government objectives:
- Strengthen expenditure control and efficiency (national and subnational).
- Reduce tax burden concomitantly with fiscal deficit reduction.
- Publication details relevant to policy context:
- Pages: 50
- Volume: 2000
- Issue: 071
- Series: Country Report No. 2000/071
- DOI: https://doi.org/10.5089/9781451819724.002
- Stock No: 1ITAEA0012000
- ISBN: 9781451819724
- ISSN: 1934-7685
Labor market, wages, and regional growth
- IMF staff recommendation:
- Complement new initiatives aimed at strengthening growth prospects in the South with strong labor market measures.
- Labor-related policy priorities:
- Continued wage moderation.
- Labor market reforms to support growth and adjustment.
- Subjects covered: Employment, Expenditure, Labor, Labor costs, Labor markets, Public debt, Wages.
Competitiveness, product markets, and privatization
- Policy prescriptions to secure competitiveness:
- A reduction in the tax burden.
- Further product market reform.
- Privatization.
- These measures are presented as complementary to wage moderation to help secure an adequate level of competitiveness.
Additional content notes
- Included with the Staff Report are the text of Public Information Notice No. 00/40 and a statement by Riccardo Faini on June 5, 2000.
- Keywords associated with the report include: budget deficit, CR, deficit, deficit target, East Asia, Eastern Europe, Employment, euro, Europe, expenditure side, Global, government, ISCR, Labor costs, product market performance, reform program, staff advocate, staff baseline scenario simulation, Wages.
International Monetary Fund. Italy: Staff Report for the 2000 Article IV Consultation (IMF Staff Country Reports 2000, 071).
Content in this bundle
- Italy: Staff Report for the 2000 Article IV Consultation - ISCR/00/71