further development of capital markets. Budget allocation in Italy will need to increasingly rely on efficiency analysis to … find savings and improve performance. The analysis in this chapter finds that large social spending in Italy, particularly …

KEY ISSUES Unleashing Italy's Potential The economy is struggling to emerge from a prolonged balance-sheet recession … structural weaknesses and the risks are tilted to the downside. External risks arise from geopolitical tensions, while Italy …'s high public debt, large public financing needs, and elevated NPLs leave the economy vulnerable to financial contagion and …

This 2013 Article IV Consultation highlights Italy's assesses measures undertaken to revive economic growth. Italy is … sector, and improve the labor market, but more is needed to boost productivity and raise Italy's low employment rate. The IMF …

This Selected Issues paper presents Italy's economic growth through innovation and reforms. It highlights that Italy … claims in Italy as a key way to improve the environment for sustaining economic growth. There has been considerable interest … in the possibility of introducing a comprehensive wealth tax in Italy, reflecting the public resistance to spending …