Economic Environment Of Italy

Economic Environment of Italy Economic Environment Italy is a extrapolate industrial economy. This capitalistic economy remains divided into a developed industrial north, dominated by private companies, and a less developed agricultural south, with more than 20% unemployment. close up to raw materials needed by industry and more than 75% of energy requirements are imported.

For several years Italy has adopted budgets administrable with the requirements of the European Monetary Union ( emu); representatives of government, labor, and employers also agreed to an interchan ge of the 1993 social pact, which has been widely credited with having brought Italys inflation into conformity with emu requirements. Italy must work to stimulate employment, promote wage flexibility, claim down the development in pensions, and tackle the informal economy. physical process was 1.3% in 1999 and should edge up to 2.6% in 2000, led by investment and exports. gross domestic product - real growth rate: ? 1.3% (1999 est.) GDP: (Gross...If you want to get a total essay, order it on our website: BestEssayCheap.com

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