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Persistent link: https://www.econbiz.de/10000425128
This paper provides a detailed account of Hong Kong on the eve of its reintegration into China as a special administrative region. It analyzes recent economic development and provides a clear overview of Hong Kong's economic, financial, institutional, and political circumstances, as well a brief...
Persistent link: https://www.econbiz.de/10014406216
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The pandemic dealt a severe blow to the Italian people and their economy. GDP fell by nearly 9 percent in 2020, with much larger drops for contact-intensive services. Public and corporate debt increased strongly and preexisting vulnerabilities have likely worsened. The government is prioritizing...
Persistent link: https://www.econbiz.de/10012604038
This 2020 Article IV Consultation with Italy reflects discussions with the Italian authorities in January 2020 and is … based on the information available as of January 28, 2020. It focuses on Italy's medium-term challenges and policy … priorities and was prepared prior to the outbreak of COVID-19 in Italy. It, therefore, does not cover the outbreak or the related …
Persistent link: https://www.econbiz.de/10012242088
This 2017 Article IV Consultation highlights that the Italian economy is in the third year of a moderate recovery. Supported by exceptionally accommodative monetary policy, fiscal easing, low commodity prices, and the government's reform efforts, the economy grew by 0.9 percent in 2016 and...
Persistent link: https://www.econbiz.de/10011698175
This Selected Issues paper analyzes the competitiveness and wage bargaining reform in Italy. The growth of Italian … Italy's competitiveness over the medium term …
Persistent link: https://www.econbiz.de/10011698176
This 2016 Article IV Consultation highlights that the Italian economy is recovering gradually from a deep and protracted recession. Buoyed by exceptionally accommodative monetary policy, favorable commodity prices, supportive fiscal policy, and improved confidence on the back of the authorities'...
Persistent link: https://www.econbiz.de/10011675709
This Selected Issues paper analyzes the conditions under which Italian banks can earn sufficient profits to grow out of their asset quality problems, rebuild capital buffers, and finance the real economy. A bottom-up analysis of the 15 largest Italian banks suggests that restoring sustainable...
Persistent link: https://www.econbiz.de/10011675710