Italy 2013.

Format:

Book

Contributor:

Organisation for Economic Co-operation and Development.

Series:

OECD economic surveys, 0376-6438 ; 2013/6

OECD economic surveys : Italy, 1995-3283

Language:

English

Subjects (All):

Italy--Economic conditions--1945-.

Italy.

Italy--Economic policy.

Physical Description:

121 p. : col. ill.

Place of Publication:

[Paris] : OECD, 2013.

Language Note:

English

Summary:

Italy has embarked on a wide-ranging strategy to restore fiscal sustainability and improve long-term growth. Combined with measures at the euro area level, these welcome actions have reduced downside risks and the economy should emerge from recession during 2013. However, with the public debt-to-GDP ratio nearing 130 percent and a heavy debt redemption schedule, Italy remains exposed to sudden changes in financial market sentiment. Large and sustained reductions in public debt are therefore the top fiscal priority.The gains from recent structural reforms must also be consolidated and further measures to promote growth and improve competitiveness need to be implemented, to return Italy to healthy growth.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references.

ISBN:

9789264182493

9264182497