01771cas a2200241 a 4500 AALejournalIMF016943 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498354936 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Italy : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Italy. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (83 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2016 Article IV Consultation highlights that the Italian economy is recovering gradually from a deep and protracted recession. Buoyed by exceptionally accommodative monetary policy, favorable commodity prices, supportive fiscal policy, and improved confidence on the back of the authorities' wide-ranging reform efforts, the economy grew by 0.8 percent in 2015 and continued to expand in the first quarter of 2016. Labor market conditions have been improving gradually, and nonperforming loans appear to be stabilizing at about 18 percent of total loans. Growth is projected to remain just under 1 percent in 2016 and at about 1 percent in 2017. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/222 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/222/002.2016.issue-222-en.xml IMF e-Library