The effects that the crisis had on public financing in advanced economies did not fully manifest themselves until 2009, even though they had been already evident in 2008, causing a reduction of revenue, increased expenditures and a worsening balance of public accounts.<\/p>\n
In 2009, the consolidated economic account of Governments in Italy showed a worsening of the ratio between net borrowing and GDP, which almost doubled that of the previous year (from 2.7% to 5.3%). In absolute terms, borrowing amounted to 80,800 million euros, 38,225 million euros higher than in 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"
The effects that the crisis had on public financing in advanced economies did not fully manifest themselves until 2009, even though they had been already […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3344,3234,2969],"regione":[],"tema":[4065],"class_list":["post-16033","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-general-government","tag-public-finance","tag-report","tema-national-accounts"],"meta_fields":{"data_pubblicazione":"20100628","descrizioneperiodo":"Years 1980-2009","titolobreve":"General Government consolidated account","news":"In 2009, the consolidated economic account of Governments in Italy showed a worsening of the ratio between net borrowing and GDP,","news_rss":"The effects that the crisis had on public financing in advanced economies did not fully manifest themselves until 2009, even though they had been already evident in 2008, causing a reduction of revenue, increased expenditures and a worsening balance of public accounts.\nIn 2009, the consolidated economic account of Governments in Italy showed a worsening of the ratio between net borrowing and GDP, which almost doubled that of the previous year (from 2.7% to 5.3%). In absolute terms, borrowing amounted to 80,800 million euros, 38,225 million euros higher than in 2008.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3344,"label":"general government","slug":"general-government"},{"id":3234,"label":"public finance","slug":"public-finance"},{"id":2969,"label":"statistics report","slug":"report"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/16033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=16033"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/16033\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=16033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=16033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=16033"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=16033"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=16033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}