Italy : Selected Issues

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.
Publication date: February 2006
ISBN: 9781451819885
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , international monetary fund , fiscal policy , budget constraints , high tax burden , public investment

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