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""Table of contents""; ""Basic statistics of Italy, 2010""; ""Executive summary""; ""Assessment and recommendations""; ""Chapter 1. Strengthening the economic recovery and fiscal sustainability""; ""Figure 1.1. The impact of the global crisis on real GDP in Italy""; ""Figure 1.2. The impact of the g...

""Table 1.1. Summary of OECD projections from April 2011""""Figure 1.4. Real GDP and exports in volume""; ""Figure 1.5. Labour productivity per worker in the six largest G7 countries""; ""The labour market represents one of the key structural challenges""; ""The Cassa Integrazione has supported work...

""Consolidating the public finances is more than ever necessary""""Figure 1.7. General government gross financial liabilities""; ""Figure 1.8. Government net borrowing""; ""Figure 1.9. Fiscal balances in 2009 or latest year available""; ""Government plans project the budget deficit to decline below...

""Figure 1.11. Credit default swap premium on government bonds""""Figure 1.12. External public debt as a percentage of GDP, 2009""; ""Figure 1.13. Average life of government bonds and government bonds reaching maturity in the next 12 months""; ""Public debt, private debt, and macroeconomic stability...

""Efforts to raise efficiency in the public administration need to continue""""The effects of past pension reforms on older age groups are beginning to come through""; ""Expenditure on public pensions is high in Italy, though its path has stabilised relative to GDP""; ""Figure 1.15. Public pension e...

""Over the next two decades, the main savings come from a higher retirement age""