Italy in EMU

A decade after the creation of EMU, Italy is still adjusting to the policy environment created by the euro. This book assesses Italy's experience in EMU, identifies the main challenges ahead, outlines key policy issues, and highlights how Italy's experience offers lessons for other euro area members.

Autorentext
LAURA BARDONE Directorate-General for Economic and Financial Affairs, European Commission ALEXANDRA BIBBEE Senior Economist, Economics Department, Organisation for Economic Cooperation and Development TITO BOERI Professor, Bocconi University, Milan, Italy ERIC CHANEY Chief Economist for Europe, Morgan Stanley CARLO AZEGLIO CIAMPI Former President of the Italian Republic (1999-2006) LORENZO CODOGNO Director of Economic and Financial Analysis, Italian Ministry of Economy and Finance DANIELE FRANCO Head, Structural Studies Department, Bank of Italy VITTORIO GRILLI Director General of the Treasury, Italian Ministry of Economy and Finance DANIEL GROS Director, Centre for European Policy Studies MARTIN LARCH Directorate-General for Economic and Financial Affairs, European Commission ALESSANDRO LEIPOLD Deputy Director, European Department, International Monetary Fund LUCIA PIANA Directorate-General for Economic and Financial Affairs, European Commission VITO ERNESTO REITANO Directorate-General for Economic and Financial Affairs, European Commission PIETRO RIZZA Structural Studies Department, Bank of Italy ANDRÉ SAPIR Professor, Université Libre de Bruxelles VITO TANZI Former Director, Fiscal Affairs Department, International Monetary Fund; Former Under-Secretary of State, Italian Ministry of Economy and Finance

Inhalt
Foreword; C.A.Ciampi Introduction; M.Buti An Obsolete Model? Growth and Specialisation of the Italian Economy; R.Faini & A.Sapir Italy in the Euro Area: The Adjustment Challenge; L.Bardone & V.E.Reitano Comments; V. Grilli Comments; D. Gros Two Italian Puzzles: are productivity growth and competitiveness really so depressed?; L.Codogno Comments; T. Boeri Comments: S.De Nardis How to Ensure a Sustainable Fiscal Consolidation?; D.Franco & P.Rizza Comments; M.Larch & L.Piana Comments: V.Tanzi Italy Viewed from the Outside: The OECD View; A.Bibbee Italy Viewed from the Outside: The IMF View; A.Leipold Italy Viewed from the Outside: The Markets View; E.Chaney