Italy

Italy Location Economic Profile and Analysis

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General Information

Location: Italy
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General Description

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Economic Advantages of Italy Update

  • Tourism in Italy With more than 36.5 million tourists a year, Italy is the fifth most visited country in the world, behind France (76.0 million), Spain (55.6 million), United States (49.4 million), and China (46.8)....

Economic Disadvantages of Italy Update

  • Declining Birth Rate The effects of a declining population can be adverse for an economy which has borrowed extensively for repayment by younger generations; however, a smaller human population has a smaller impact on...
  • Xenophobic Northern Italy The seats of power in Italy are full of Xenophobic citizens that tolerate and perpetuate violence against outsiders, especially Africa and Arab immigrants. These immigrants make up a large work force...

How Italy is Improving Update

  • Instant Translation of Web Pages The ability to translate web pages quickly and accurately may lead to a break down in the language barriers that separate commerce and social interaction between countries. Rapidly evolving technology...

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