Italy in EMU

LAURA BARDONE Directorate-General for Economic and Financial Affairs, European Commission ALEXANDRA BIBBEE Senior Economist, Economics Department, Organisation for Economic Cooperation and Development TITO BOERI Professor, Bocconi University, Milan, Italy ERIC CHANEY Chief Economist for Europe, Morgan Stanley CARLO AZEGLIO CIAMPI Former President of the Italian Republic (1999-2006) LORENZO CODOGNO Director of Economic and Financial Analysis, Italian Ministry of Economy and Finance DANIELE FRANCO Head, Structural Studies Department, Bank of Italy VITTORIO GRILLI Director General of the Treasury, Italian Ministry of Economy and Finance DANIEL GROS Director, Centre for European Policy Studies MARTIN LARCH Directorate-General for Economic and Financial Affairs, European Commission ALESSANDRO LEIPOLD Deputy Director, European Department, International Monetary Fund LUCIA PIANA Directorate-General for Economic and Financial Affairs, European Commission VITO ERNESTO REITANO Directorate-General for Economic and Financial Affairs, European Commission PIETRO RIZZA Structural Studies Department, Bank of Italy ANDRAe SAPIR Professor, Universite Libre de Bruxelles VITO TANZI Former Director, Fiscal Affairs Department, International Monetary Fund; Former Under-Secretary of State, Italian Ministry of Economy and Finance

A decade after the creation of EMU, Italy is still adjusting to the policy environment created by the euro. This book assesses Italy's experience in EMU, identifies the main challenges ahead, outlines key policy issues, and highlights how Italy's experience offers lessons for other euro area members.A decade after the creation of EMU, Italy is still adjusting to the policy environment created by the euro. This book assesses Italy's experience in EMU, identifies the main challenges ahead, outlines key policy issues, and highlights how Italy's experience offers lessons for other euro area members.