Italy Political Economy

An Introduction

Economic Drivers

Economic Growth since WWII

-Steel Industry and the rise of Corporations (1946 to the beginning of the 1990s)

-Pyramid System of Economy

Top Corporations (“Big Business” )

Middle Financial Holding Companies (Relating to the purchase of Insurance)

Bottom Banking Companies -(encyclopedia.com)

Sources of Significant Economic Growth

Comparing Italy to-

Greece- Food processing, Textile factories (Paper products in the 1980’s and eventually the metal industry later on) and Tourism

France- Farm economy (Agriculture) and is one of the biggest of western European countries

Italy- Tourism (Globalizes Italian culture through promotion and the web), Metal and textile manufacturing, Agriculture in southern Italy, Business in North

-(internationalliving.com)

-(encylopedia.com)

Economic Crisis of 2008

- An increase of unemployment among the people

- There is still discussion of what were the most contributing factors to the crisis, such as something recent such as the European banks losing money

(economicshelp.org )

- The new Prime Minister and President are left to deal with the effects to this day

EconomicsHow the effects of the Crisis represents Democracy((http://www.bloomberg.com/news/articles/2015-06-16/i-knew-italy-s-economy-was-bad-but-the-truth-may-be-even-grimmer

)The slow growth of the economy (What Democracy is not) GDP Below

Italy’s Relationship to the International Economy-Italy Exports Various Items for different industries - Food, Clothing, Chemicals, Minerals as well as Automobiles

- It in turn imports from other nations and countries these items as well as tobacco and energy products

-(internationalliving.com)

The End

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