San Marino: Recent Economic Developments
This paper reviews economic developments in San Marino during 1990–98. San Marino has enjoyed rapid growth in the 1990s, as the expansion in output has outstripped that experienced in Italy as a whole and the surrounding regions of Emilia–Romagna and the Marche. Real GDP rose by an average of about 10 percent per year in 1992–94 and an estimated 5 percent in 1996 and 1997. Employment rose sharply in the early 1990s before slowing down to an average of 3 percent in 1996–97.
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Volume/Issue:
Volume 1999
Issue 029
Publication date: May 1999
ISBN: 9781451834819
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Business and Economics , Banks and Banking , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , firm , government , Sammarinese authorities , balance of payments , net , banking system , banking sector , Sammarinese firm , full-time equivalent , nominal GDP , Employment , Public sector , Commercial banks , Capital spending , Europe
Summary
This paper reviews economic developments in San Marino during 1990–98. San Marino has enjoyed rapid growth in the 1990s, as the expansion in output has outstripped that experienced in Italy as a whole and the surrounding regions of Emilia–Romagna and the Marche. Real GDP rose by an average of about 10 percent per year in 1992–94 and an estimated 5 percent in 1996 and 1997. Employment rose sharply in the early 1990s before slowing down to an average of 3 percent in 1996–97.
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