Trésor-Economics No. 170 - Why is Italian productivity so weak?
After a period of robust growth due to a catch-up effect until the mid-1990s, Italy experienced a sharper and earlier slowdown in labour productivity than its main partners. Italy was one of the European leaders in hourly labour productivity until the mid-1990s. This advantage has gradually narrowed. Today, Italian productivity is 20% below that of France and Germany.Italy's weak productivity perf... Lire la suite