Italy: Quantifying the Benefits of a Comprehensive Reform Package

Released on by Michal Andrle
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  • Italy: Quantifying the Benefits of a Comprehensive Reform Package Book Detail

  • Author : Michal Andrle
  • Release Date : 2018-03-16
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 17
  • ISBN 13 : 1484348087
  • File Size : 58,58 MB
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Italy: Quantifying the Benefits of a Comprehensive Reform Package by Michal Andrle PDF Summary

Book Description: This paper seeks to quantify the net benefits of a comprehensive reform package aimed at addressing Italy’s inter-related challenges. Specifically, it simulates the growth and competitiveness effects of a package of fiscal, financial, wage bargaining, and other structural reforms. Credible implementation of such a package yields substantial mediumterm dividends at negligible near-term growth costs. Real GDP growth is estimated to be substantially higher over the medium term, while the real effective exchange rate depreciates notably.

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Italy

Italy

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This paper seeks to quantify the net benefits of a comprehensive reform package aimed at addressing Italy’s inter-related challenges. Specifically, it simulat

Italy

Italy

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Total View : 6889 Views
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This Selected Issues paper uses the tax-benefit microsimulation model for the European Union (EUROMOD) to evaluate possible reforms to modernize Italy’s socia