Why Italy’s economy has run out of steam

Italian students protest at government austerity (photo:dpa)
Italian students protest at government austerity (photo:dpa)

Italy’s economic growth outperformed most of Europe for almost 20 years. For the last 20 GDP growth has stagnated well below the average for Europe as it followed a reckless policy of financing debt. But low investment and a poor quality workforce are at the heart of the country’s problems.

ITALY’S economic problems at the heart of Europe stem from a fundamental weakness in its inability to grow.

The current crisis struck when the international community feared the Italian government would no longer be able to meet its debt.

The data about growth are explicit.


The Italian economy reac...

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