01940cas a2200277 a 4500 AALejournalIMF018356 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484347584 1018-5941 BD-DhAAL BD-DhAAL Andrle, Michal. Italy : Toward a Growth-Friendly Fiscal Reform / Michal Andrle, Shafik Hebous, Alvar Kangur, Mehdi Raissi. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (38 pages) IMF Working Papers <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 Published in late 2017, the Italian medium-term fiscal plan aims to achieve structural balance by 2020, although concrete, high-quality measures to meet the target are yet to be specified. This paper seeks to contribute to the discussion by (i) assessing spending patterns to identify areas for savings; (ii) evaluating the pension system; (iii) analyzing the scope for revenue rebalancing; and (iv) putting forward a package of spending cuts and tax rebalancing that is growth friendly and inclusive, could have limited near-term output costs, and would achieve a notable reduction in public debt over the medium term. Such a package could help the authorities balance the need to bring down public debt and, thus, reduce vulnerabilities while supporting the economic recovery. Mode of access: Internet Hebous, Shafik. Kangur, Alvar. Raissi, Mehdi. IMF Working Papers; Working Paper ; No. 2018/059 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/059/001.2018.issue-059-en.xml IMF e-Library