Italy: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Italy
Electronic Access:
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Summary:
Italy’s 2008 Article IV Consultation describes the country's economic developments and policies. Output has been projected to contract by about ½ percent in 2008 and 1 percent in 2009, with risks tilted to the downside, linked to a further slowing of global growth and falling consumer confidence. The economy’s ability to rebound quickly is hampered by rigidities in the product and labor markets, a lack of domestic competition, a likely slower pace of industrial restructuring, and weakness of the public finances.
Series:
Country Report No. 2009/045
Subject:
Banking Competition Credit Exports Financial markets Fiscal policy Fiscal stance International trade Money Public debt
Frequency:
Monthly
English
Publication Date:
February 6, 2009
ISBN/ISSN:
9781451820027/1934-7685
Stock No:
1ITAEA2009001
Pages:
93
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