IMF: deep structural problems hinder Italy’s recovery
An IMF paper published on Wednesday shows pre-crisis weaknesses in the Italian economy are likely to continue weighing in on growth unless structural reforms are introduced.
Hanan Morsy and Silvia Sgherri, the paper's authors, assess Italy's medium-term output losses following the crisis and their implications for the longer-term growth and fiscal outlook. They say Italy's deep-rooted structural problems and poor productivity growth levels had weakened the Italian economy long before the
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