Tuesday, December 6, 2011
Information on the economy for italy?
Could you explain yourself more?... Italy is the seventh largest economy and 4 largest in Europe. its a capitalist economy with a high GDP and developed infrastructure. Its unemployment rate is 8.4% which is slightly lower then the European Union, though in general is still significantly high. Its GDP per capita (average income per person) Is $29,000 ranked 28th in the world, and can be compared to with Italy or greece. Italy has a very high debt which stricken the economy to have significant growth. Corruption is also a BIG issue. The inequality gap in the north and the south and high taxation (which many do not pay) are modern day issues italy is facing.... Thats some information with billions of more things that i haven't said....
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