Summary of Italy

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Rating

7 Overall

7 Importance

8 Innovation

7 Style


Recommendation

Present-day Italy is behaving like a value stock: Its potential is greater than its present worth due to impairments such as repressive regulation, political gridlock, sclerotic economic activity and banks’ nonperforming loans. Written in the dry narrative of an economist, this report from the International Monetary Fund is nonetheless rich in examples of Italy’s current disorder as well as in recommended fixes. getAbstract recommends this analysis to economists, portfolio managers and business executives.

In this summary, you will learn

  • How extensively Italy’s economic problems have mushroomed,
  • What factors pose a threat to the country’s recovery and
  • What changes could put Italy on the path to economic reform.
 

About the Author

The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.

 

Summary

Italy’s economy suffers from “tight credit conditions, weak corporate balance sheets and deeply rooted structural rigidities.” Its public finances are in disarray, and high unemployment and stagnant wages weigh down its recovery as well. The country’s malaise affects the south disproportionately: GDP...

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