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Situated in Southern Europe, Italy is regarded by many as the most romantic country in the world, with Venice a particular hot spot with tourists. The culture, the beauty and the vast array of food and drink has seen Italy grow in stature over the last 50 years, although the country does have a particularly volatile history. Contents: Economy in Italy | Prospects in Italy | Italy Facts Italian EconomyAfter years of under investment in both the economy and education, the Italian economy has improved of late and is now ranked as the 7th largest in the world. The country is still divided along old lines, with the North of the country showing a highly developed capitalist economy, dominated by a vast array of private companies. The South is less developed and tends to be dominated by low cost labour intensive manufacturing, which has enabled the country to become one of the largest exporters of manufactured goods. Prospects in ItalyThe country has often been held back by a volatile political environment which has seen the emergence of many radical ideals. Since adopting the Euro, and the financial constraints which went with that, the economy is now on a much firmer footing, as is the political arena. Key Facts on Italy:Bordered by France, Switzerland and Austria Useful Sites Alghero Car Hire |
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