Doing business in Italy can be a rewarding experience. It takes some effort, but if you follow some of the ideas set forth in this paper you will be able to navigate just fine. The paper will give a brief overview of what the business climate is like in Italy. Included in information on current GPI and FDI, and how the political and legal system is structured. A summary of some current events is included as well as guidelines on doing business with Italians.
Italy is a peninsula, located in the southern section of Western Europe. The nation also includes the two Mediterranean islands of Sicily and Sardinia, and many smaller islands, (Foot). Surrounded by the Mediterranean Sea, Italy also shares borders with France, Switzerland, Austria, Slovenia, San Marino and Vatican City. Italy’s climate is Italy covers an area of 301,338 km2 (116,347 sq mi) and has a largely Mediterranean climate (dry summers and mild, moist winters), (Foot). The republic is sometimes referred to as the boot, due to its shape as it juts out into the Mediterranean Sea. Italy is a western style democracy governed as a parliamentary republic, with both a president and a prime minister. The current Prime Minister is Matteo Renzi, and the current President is Sergio Mattarella, (Darlington).
Even though it has thousands of years of history, including having been the center of the Roman Empire, modern Italy is a fairly young nation. Prior to 1861, it was a network of independent city states and areas under
During this time period, there were alterations in many civilizations. Some had multiple major fluctuations, while others did not change much but were long lasting. The Mongols, for instance, did similar (if not the same things) over and over again throughout their reign. What they did was successful and because of that, their empire was long lasting. Unlike the Mongols, Italy had much change during this period of time. Both of these things caused the two different societies to flourish and last. The Mongols had the greatest continuity over time, but Italy had the greatest change over time, ending in good results for both of the civilizations.
The political history of Italy is quite extensive. The Greeks were the first to settle in Italy and established colonies in the southern part of the country and in Sicily. There was not a sense of political reality as much as there was a civilization (Windows on Italy- History). While the Greeks controlled the south the Gauls, or Celtic people, ruled the north and the Po Valley. But the most important group to settle in Italy was the Etruscans. Because of their advanced civilization, the Etruscans were the only ones to establish political and cultural ideas before the Roman Empire (Windows on Italy- History). At the end of the Etruscans rule, Rome began a unification of Italy and established Latin to be the general language (Defusco).
Italy’s problems started with the fact that it didn’t have one main ruler, but two people and a concept, resulting in a different approach to the unification. Gulseppe Mazzini had a radical program focusing on a centralized democratic republic based on universal suffrage and the will of the people. Vincenzo Gioberti, who was a catholic priest called for a federation of existing states
In their culture every one of their aspects is spent on sports, music, arts and food. The development of their country provides a unique religion insight. Since they are a former Spanish colony most of their food comes from a Latin American feel. You might not know but they demonstrate their heritage through art. The most common food that they have is "La Bandera" or "The Flag". In their culture that dish is made from meat rice and red beans. Their jewelry is made from bone, coconut husk, horn, and amber. As well as their artist uses clay, porcelain, hemp, and guano to make religious figurines. When you think of Italian people you think of a pretty accent, pretty hair type of person. Well that’s what I thought until my grandmother was telling me about my great grandfather. Being that he was mixed he only had the Italian hair but the American accent. At first I thought that he used to live in Italy but once again I was wrong. My great grandfather mother once lived in Italy. When she found out she was pregnant she soon moved to Virginia. Italy is home of the Roman Empire, its also a major part in the Renaissance. Italians take up 96% of the population in Italy. The remaining of the population is spreaded all over the world such as North African Arab, German, and more. My great grandfather mother was a full blown Italian where as his father was Italian but also an African American. Learning
Do you know where Italy is located? Italy is a boot shaped country, there are several small islands that make up Italy, the population of Italy is 61,680,122. The largest city in Italy is Rome. Italy has a republican government,
Since Italy was built on seven hills then it was easily defended. Italy has a river located 18 miles inland called the Tiber River. The U.S has the Mississippi River that runs across the country. Italy was a good central location. Italy was in the middle of the Mediterranean
Italy is an European country. Italian is its official language, and 93% of the population is native Italian speakers. Its ethnic background includes small clusters of German-Italians, French-Italians, Slovene-Italians, Albanian-Italians, and Greek-Italians. With various clusters of people come various beliefs in religion. Religion has influenced the culture, artists, and national treasures of Italy in various ways.
Out of the seven continents in the world, Italy; The seventy second largest nation in the world is located in Europe. Italy is a boot-shaped country that covers 294,149 square kilometers of land and 7,200 square kilometers of water, totaling 301,340 square kilometers and is apart of the eastern Hemisphere and located in Southern Europe. Located in the Mediterranean Sea is where this Peninsula lies and is surrounded by rolling hills, valleys, along with Alps and Apennine Mountains. Italy is accompanied by Croatia, San Marino, Slovenia, Vatican, Austria, Switzerland and France (Where is Italy). Not to mention Italy is home to some of the largest active Volcanoes in Europe.
Have you ever wondered how the Italian educational system compares to that of America? Well a lot of Italians would tell you in fact, they despise it. The schooling is not the most reliable, especially when it comes to how people are hired and the rampant instability of education jobs in the country. Another fact is that Italy still offers some of the most complete didactic curricula in Europe.
Geographically, Italy is comprised of a peninsula that extends into the Mediterranean Sea, as well as two large islands. The shape of Italy has been depicted as a ‘boot’ in many cartoons and drawings for years. The country covers over 116,000 square miles, making it approximately the combined size of Florida and Georgia. (Killinger, 2002) Italy is a democratic republic that has a current population of around 60 million people, making it the twenty-third most populous country in the world. Italy
Groups in several Italian states began to push the idea of a unified country but Italy went through many obstacles attempting to unify and become what we know as Italy today.
Italy, positioned in southeastern Europe, is a beautiful country that is faced with high unemployment, corruption and massive debt. Although it appears to be one of the most developed countries in Europe, Italy is somewhat of a laggard in globalization. Ranking twenty-third in world population, Italy stands at 56,126,212 people as of July 2009. The north and south seem to be split in economic terms with the north being well developed industrially and the south facing high unemployment and poverty. Italy is a democratic republic that replaced a monarchy back in 1946. Although it ranks seventh in world GDP and public debt and attracts millions of tourists every year, its current debt to GDP ratio continues to skyrocket. World economists
Doing business in Italy is very different than in the United States. “Set to move onto a slow, but steady, path of economic growth;” Italy, at first glance, seems to be a promising business environment with projected increases in GDP per capita in the coming years, according to Business Monitor International (“Italy Autos Report” 30). However, there are many cultural, administrative, geographic and economic differences that make the business environment much different than that in the US. Generally dominated by domestic carmakers, mainly Fiat S.p.A., the auto industry in Italy doesn’t look very appealing for new firms because of the high barriers to entry. However, foreign carmakers like Ford have managed to penetrate the Italian
Italy holds a long and rich history, starting from how it became one country during ancient times. For thousands of years, people have lived in Italy, relying on its vast amount of assets and resources. There was no established group of settlers to arrive first, because the chief pioneers entailed many different types of people who spoke different languages. Italy was at first preceded by several non-Italian cultures, including Greeks. The Greeks occupied southern Italy, including areas around Sicily. This remained a wealthy extent of land because of the tremendously fertile soil, which then caused the sprout of new cities and civilization. These Greek cities ultimately stood taken over by Roman control. As far as northern city-states, the Etruscans lived in areas influenced by Greek culture. The Etruscans stayed well-known engineers, builders, and traders. Italy was always back and forth in the control of foreign authorities, but finally landed in the power of the Roman Empire. The Roman Empire took over at about 450 B.C., but eventually collapsed. The land that now stands as Italy was ruled by Julius Caesar. There were many civil wars before and after Julius Caesar’s death. The land was then restored by Octavian, Caesar’s son, who later passed his throne to his son Tiberius. Although ancient Italy had been taken over by diverse commands, it still held on to its vast culture and
Now Italy has many problems in economic sector. The first is that it has very high debt level. Because of it Italy now is in crisis situation. Also Italian living standards have a considerable north-south divide. Italy suffers from structural weaknesses due to its geographical conformation and the lack of raw materials and energy resources. The country has an inefficient state bureaucracy, low property rights protection and high levels of corruption, heavy taxation and public spending that accounts for about half of