OECD Economic Outlook, Volume 2019 Issue 2
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a series of focus notes on selected macroeconomic and structural issues, and a chapter summarising developments and providing projections for each individual country.
Italy
GDP growth is projected to resume very gradually. Global trade uncertainty and softer external demand will continue to weigh on export growth and business investment. Consumption will gradually pick up, as households’ disposable incomes keep rising and as confidence stabilises. Fiscal policy is projected to support activity through reduced tax burdens and social security charges, as well as higher public investment and tax incentives for business investment.
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