This Selected Issues paper focuses on economic challenges and options for overcoming the demographic drag in Italy …. Italy has large catch-up potential to help overcome the demographic drag on output, but fundamental changes are needed to … shift from the current suboptimal equilibrium. On numerous metrics, Italy is among the worst EU performers in areas that …

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 … are urgently needed to secure a recovery and unleash Italy's growth potential. Moving to a single labor contract with …

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 …