Italy 2011: A Year of Sufferance

Abstract

The Italian version of this paper can be found at http://ssrn.com/abstract=2007513.

This study examines the quarterly evolution of Italy's sovereign debt and its rating in comparison to the Eurozone countries, its stock of government bonds, official reserves, GDP and balance of trade, inflation and unemployment.

Please see also: Mazziero, Maurizio, Italia 3 Trim 2011: Pil, Debito & Co (Italy 3q2011: GDP, Debt & Co) (December 13, 2011). Available at SSRN: http://ssrn.com/abstract=1972366; Mazziero, Maurizio, Italia: L’Economia al Giro di Boa del 2011 (Italy: The Economy Halfway Through 2011) (August 16, 2011). Available at SSRN: http://ssrn.com/abstract=1911942; Mazziero, Maurizio, Italia 1q2011: Pil, Debito & Co. (Italy 1q2011: GDP, Debt & Co.) (May 17, 2011). Available at SSRN: http://ssrn.com/abstract=1854888; Mazziero, Maurizio, 2010: Un Altro Anno a Debito per l’Italia (2010: Another Year of Debt for Italy) (April 10, 2011). Available at SSRN: http://ssrn.com/abstract=1806482.

Keywords: Public spending, public debt, GDP, GDP growth, government bonds, inflation, unemployment, official reserves, balance of trade, sovereign rating

JEL Classification: E24, E31, E62, G24, H6, H61, H62, H63, J21