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  1. Italy
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Italy
    Published: June 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    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... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    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 resolving the health emergency and transforming the economy to lift productivity, improve social outcomes and strengthen resilience to future shocks and structural change. The large National Recovery and Resilience Plan-partly financed by sizable Next Generation EU resources-will be used to increase physical and social infrastructure. Outlook. GDP is expected to recover strongly in 2021-22 and to grow well-above trend over the medium term, supported by investment spending. Nonetheless, economic scarring could be sizable. The two-sided risks relate to how the pandemic progresses, the efficiency of investment spending and the extent of savings drawdown, with large costs associated with the downside

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513573083
    Other identifier:
    Series: IMF country reports ; 21, 101
    Subjects: balance sheet repair; government support; liability positions vis-à-vis nonresident; money market rate; banks' capitalization; COVID-19; Loans; Income; Fiscal stance; Global; Europe; International Agreements; International Organizations; Monetary Policy; Observance
    Scope: 1 Online-Ressource (circa 84 Seiten), Illustrationen
  2. Italy
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Italy
    Published: June 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    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... more

    Access:
    Verlag (kostenfrei)
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    e-Book Nationallizenz
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    VS 302
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    E-Book Nationallizenz IMF
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    E-Book International Monetary Fund
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    E-Book IMF
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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 resolving the health emergency and transforming the economy to lift productivity, improve social outcomes and strengthen resilience to future shocks and structural change. The large National Recovery and Resilience Plan-partly financed by sizable Next Generation EU resources-will be used to increase physical and social infrastructure. Outlook. GDP is expected to recover strongly in 2021-22 and to grow well-above trend over the medium term, supported by investment spending. Nonetheless, economic scarring could be sizable. The two-sided risks relate to how the pandemic progresses, the efficiency of investment spending and the extent of savings drawdown, with large costs associated with the downside

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513573083
    Other identifier:
    Series: IMF country reports ; 21, 101
    Subjects: balance sheet repair; government support; liability positions vis-à-vis nonresident; money market rate; banks' capitalization; COVID-19; Loans; Income; Fiscal stance; Global; Europe; International Agreements; International Organizations; Monetary Policy; Observance
    Scope: 1 Online-Ressource (circa 84 Seiten), Illustrationen