Lissovolik, Bogdan - International Monetary Fund (IMF) - 2008
Italy's medium-term economic performance has raised "standard" competitiveness concerns as unit labor costs surged, and … real export growth fell. But the recent economic upturn, low current account deficit, and robust nominal exports argue for … partly reflect nonprice economic restructuring, have supported Italy's real exports after 2005 (as in Germany but less so in …