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