Essay on Italy's Economic Growth

Although there has been some success on the Adriatic Coast the policy has failed. Plants such as Alfa Romeo did set-up but these were only branch plants, which never developed links to the local economy & created relatively few jobs. Measures have not been at all effective in reducing regional inequality. A lot of money has been spent but has had little effect in establishing an industrial base. The area is over-dependent & incapable of self-generating growth. Emphasis has instead shifted to the selective encouragement of small & medium sized firms. Over time a new Part of Italy has emerged and is called The Third Italy and has become prosperous & successful as it has created industrial districts with lots of small firms. High levels of education & communication, low land prices and good local enterprise, have also helped the area.

On June 1946, 54 percent of Italians had voted to abolish the royal monarchy and they royal family is expelled from the country to avoid uprisings. Now, they had to create an Italian Constitution, in which was put into the hands of the Constituent Assembly. This Assembly was made up of the Christian Democratic Party, the Socialist Party, and the Communist Party. World War II caused high inflation in Italy and they did not stabilize their economy until 1947. However, once the economy was stabilized a time called the “Italian Economic Miracle” emerged. This time was of great economic growth and urbanization. Italy was in ruins after the second world war but it was given $1,5000 million from the US’ Marshall Plan. This was due to the fact they were seen as a democratic ally and the US was afraid a communist country would take Italy. This money allowed Italy to build up its steel industry which happened to come at a crucial time when the Korean war was in need of steel products which boosted the economy. This sudden expansion in industry made Italy a safe haven for immigrants. Due to the sudden influx of people, suburbs and cheap apartments became common. The common life for people became much better as products become cheaper and more

He also was a trailblazer in promoting fascism, which is a form of radical authoritarian nationalism, which tends to view political violence and war as a means to build a stronger nation and thus expanding by absorbing weaker countries. Mussolini sided with Hitler in early 1940, sealing his fate with that of Germany which history tells us started World War II by first invading Poland in 1939 and then attacking both France and England. Germany eventually lost the war and Mussolini was shot and killed on 27 April 1945 by communist partisans in a small village of Giulino di Mezzegra the shooters name was Walter Audisio. After death, Mussolini had to endure more for his wrongdoing by being spat upon shot, and kicked then hung from a meat hook from the roof of a gas station. Civilians and passerby’s then stoned the bodies. After Mussolini’s downfall, the Christian Democracy political party dominated Italy for 50 years today Italy has a President named Giorgio Napolitano he is the 11th President in the history of the country and the longest serving President in the country’s history. The Prime Minister is Matteo Renzi who is 39 years of age making him Italy’s youngest leader since Mussolini. Italy has suffered many defeats in its history politically losing much of its power and on the other hand has won many battles having gained much power and worldly authority over many nations. Politics in the twenty first century is very public

Italy's Government has always been a major issue. When someone was elected prime minister there was no way to remove his position from the office. A prime minister's term will last five years five years is a

Italy experienced a tumultuous inception and its history has followed the same path. The rebellions that resulted in the formation of Italy as a state did not often go as planned. Giuseppe Mazzini tried to start the unification of Italy but failed every time. However, his follower Camillo Benso, the Count of Cavour, was able to lead a successful rebellion that unified Italy. Shortly thereafter, the peasants of the South wanted to disband the new state because of a tax. There was the problem with the Papal States and territory disputes. In later years, Italy eventually made the decision to join World War I, once again entering war. As the Fascists came into power following WWI, there was still fighting between Mussolini and the Pope. They had the overcome a history of disdain and of competing personalities.

Italy is located in the southern part of Europe and it comprises the long boot-shaped it is also a peninsula the largest city in Italy is Rome which also happens to the capital too.The climate varies considerably from the north to the south of Italy the area between the Alps and Tuscan-Emilian Apennines is harsh with cold winters and hot humid summers. Four different seas surrounding the country they are the Mediterranean sea from three sides the Adriatic sea in the east and the Ionian sea in the south and Ligurian sea and the Tyrrhenian sea to the west. Geographic size 116,000 square miles and some major cities in Italy are Rome, Milan, Naples, Genoa, Venice.

. . . it’s going to need to start growing more than .25 percent a year” (O’Brien). People have finally taken a notice in the problems Italy is facing. Italy is deep in debt and it will time to get out of it’s debt. “In 2009, the economy suffered a hefty 5.5% contraction . . . no clear trend of recovery” (“Italy Economic Outlook”). Italy seems to keep getting hit over and over again without time to recover. The government isn’t able to keep up with the problems. “The government has reduced its growth expectations for the current year to minus 1.3 percent” (Basta). This shows how bad the problem is when the government sees no hope in recovery. The government has stated that it thinks Italy will go farther in debt for the year instead of

Since the beginning of its existence as a country, Italy has faced enormous challenges in establishing itself as a unified political and social entity. The geographic, economic, and linguistic differences between its various regions and the artificial manner in which they were amalgamated created a legacy of internal divisions that continues to dominate the country's political climate to this day. Italy's numerous historical fiascoes, such as its disastrous involvement in the two World Wars and the rise of fascism, further escalated the domestic problems that had haunted it since the Risorgimento. At first, the anti-fascist Resistance movement, which dominated the end of World War II, seemed to

According to the 2017 Index of Economic Freedom (The Heritage Foundation), Italy is ranked 79th in economic freedom, whereas, the United States is ranked 17th. The economy status in Italy has faced many challenges including political and financial hardships. Since 2011, public debt has been on the rise and currently sets at more than 130 percent of GDP. (http://www.heritage.org/index/country/italy, 2017) Some of the opportunistic areas found in Italy include technologies, renewable energies, valuable consumer goods, and engineering products. (Capuano, 2011) The country has a population of 62 million and GDP of $2.2 trillion, which has shown continual growth over the past three years. Out of the total GDP, services make

In the excerpt on the nature of Fascism by Benito Mussolini, Mussolini summarizes several critical characteristics on his ideal political philosophy, Fascism. First off I will begin with, what is Fascism? The principle of Fascism conveys a nation where the vagueness of a person to live a life of self-centered and brief pleasure is conquered by a proper law. Basically, Fascism tries to initiate a state where the people do not live individually; it creates for the state to control. Mussolini outlines his idea of the Fascism philosophy and describes the main concepts that it will attend to when it becomes the commanding political system in Italy.

The southern European country of Italy is relatively small and is located in Europe. Italia is in fact smaller than the state of Texas but don’t underestimate this little European country. In spite of the fact that Italy is smaller than Texas, it has a larger population of people and this was established about a couple years back. “The CIA estimated the population of Italy in July 2015 to be 61,855,120, which put it at number 24 in population among the 238 countries, dependencies and territories of the world.” (“Italy” 387-406). Tourists and recent statistics on inhabitants are obviously excluded from the population census, but the number of citizens in this European country remains larger than The Lone Star State. Finding

In the 18th and 19th centuries, Italy became divided, barely remaining a nation at all, and watched as others, such as Britain and France, grew stronger and stronger by greedily imperializing other areas. The terrorizing display of power by these other nations did not encourage Italy to try and do the same, but virtually forced them to if they wanted to sustain their status as a global power. Thus, Italy united itself completely in 1870, proceeding to build up an army to try and make a grab for land in Africa to establish itself as an imperial power. Unfortunately, when Italy invaded Ethiopia, they were brutally defeated, and the nation truly became a shell of what it used to be. When World War I broke out in the early 20th century, Italy decided to participate in it, which drained the country’s remaining funds and depleted resources. When Italian leaders attended the peace treaty negotiation after the war, they were unable to accomplish the main goal of regaining their land, angering the people and setting the stage for an ambitious young man named Benito Mussolini to rise to power and establish the National Fascist Party, a dictatorship that promoted an intense Italian nationalism. Through a detailed examination of the history of Italy, Mishra reveals how “globalization, while promoting integration among shrewd elites, incites political and cultural sectarianism everywhere else, especially among people forced against their will into universal competition” (Mishra 334). Under Mussolini’s leadership, Italy “sought to avenge their setbacks and humiliations”, fighting on the side of Nazi Germany and Japan in World War II, contributing to the killing and terrorizing of millions upon millions of innocent people

Secondly, to have a stable nation you must have a strong economy. The economy in Italy is a complicated issue and in different parts of the country they have different ways of having money go into their economy. Italy has a mixed industrial economy. The focus in the northern part of the country is on well-developed private companies, and in the southern part of the country it is less developed with the focus more on agricultural fields (“The Economy in Italy”). This gives Italy a mixed and diverse economy which many different ways of making money. The main way that the Italian economy gets by is with consumer goods produced by mainly family owned businesses (“The Economy in Italy”). Because of the world’s financial crisis the unemployment

Currently, Italy’s GDP has fallen back to the same level as it was during the 1990s, a time which was plagued with tax evasion and massive debt such as today. The current debt ceiling is at 133% the country’s GDP, and also holds the position of being the second highest in the eurozone. One of the main reasons for Italy’s extended

Italy’s public debt will not start decreasing this year, despite the good momentum of the domestic economy, due to the legacy of past governments, geopolitical factors and delays in implementing the public spending review. A recent Constitutional Court ruling [http://www.cortecostituzionale.it/actionSchedaPronuncia.do?anno=2015&numero=70] on the 2012 pension reform shows how risky a significant deviation from austerity policies could be. Compliance with the Maastricht criteria and avoiding the ‘excessive deficit’ procedure is good news. However, even with a 3% deficit, the debt will increase.