Trends in Italy's Nonprice Competitiveness:
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| 520 | 3 | |a Italy''s medium-term economic performance has raised ""standard"" competitiveness concerns as unit labor costs surged, and real export growth fell. But the recent economic upturn, low current account deficit, and robust nominal exports argue for less pessimism. An empirical analysis confirms the standard concerns, but also suggests that ""residual"" factors, which partly reflect nonprice economic restructuring, have supported Italy''s real exports after 2005 (as in Germany but less so in France or Spain). An investigation of selected structural trends over the past decade offers some substantiation to Italy''s ""restructuring story,"" including quality upgrading, geographical trade diversification, and outsourcing. But sluggish services, low FDI, and modest ""technological"" upgrading indicate limits to Italy''s restructuring | |
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| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:42:16Z |
| institution | BVB |
| isbn | 1451869843 9781451869842 |
| language | English |
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| publisher | International Monetary Fund |
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| spellingShingle | Lissovolik, Bogdan Trends in Italy's Nonprice Competitiveness |
| title | Trends in Italy's Nonprice Competitiveness |
| title_auth | Trends in Italy's Nonprice Competitiveness |
| title_exact_search | Trends in Italy's Nonprice Competitiveness |
| title_full | Trends in Italy's Nonprice Competitiveness Lissovolik, Bogdan |
| title_fullStr | Trends in Italy's Nonprice Competitiveness Lissovolik, Bogdan |
| title_full_unstemmed | Trends in Italy's Nonprice Competitiveness Lissovolik, Bogdan |
| title_short | Trends in Italy's Nonprice Competitiveness |
| title_sort | trends in italy s nonprice competitiveness |
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