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Italy: Staff Report for the 2003 Article IV Consultation

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  • International Monetary Fund

Abstract

Economic activity stagnated in the first half of 2003, but recent indicators point to a gradual recovery. On product markets, there was agreement that progress had been secured over recent years, but also that Italy continued to suffer from insufficient competition in a number of protected sectors. Consolidation, privatization, and improvements in risk management in recent years have helped the banking system weather the current economic slowdown. The authority for telecommunications has recently revised downward the price cap in the retail market.

Suggested Citation

  • International Monetary Fund, 2003. "Italy: Staff Report for the 2003 Article IV Consultation," IMF Staff Country Reports 2003/351, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/351
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17024
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    Cited by:

    1. Robert M Stern, 2009. "Trade in Financial Services--Has the IMF Been Involved Constructively?," Working Papers 587, Research Seminar in International Economics, University of Michigan.

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