The paper presents the new data collection and the estimation methodology for the external statistics, the results of the comparison between the old and the new data in the overlapping period and the evolution of the Italian balance of payments and international investment position since the...

The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...

Statistical measurement of Italy�s international investment position is subject to considerable uncertainty, owing essentially to the presence of errors and omissions in the balance of payments. The entries under this item became very substantial at the start of the 1990s, coinciding with...

This paper combines the literature on financial crises with that on international immigrations by investigating whether the increasingly large flows of workers� remittances can help reduce the probability of current account reversals. The rationale for this stands in the great stability and...