Compare Italy (2008) - Italy (2007)

Compare Italy (2008) z Italy (2007)

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	Italy (2008)	Italy (2007)

Background	Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946 and economic revival followed. Italy was a charter member of NATO and the European Economic Community (EEC). It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include illegal immigration, organized crime, corruption, high unemployment, sluggish economic growth, and the low incomes and technical standards of southern Italy compared with the prosperous north.	Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His disastrous alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946 and economic revival followed. Italy was a charter member of NATO and the European Economic Community (EEC). It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include illegal immigration, organized crime, corruption, high unemployment, sluggish economic growth, and the low incomes and technical standards of southern Italy compared with the prosperous north.
Budget	revenues: $976 billion expenditures: $1.029 trillion (2007 est.)	revenues: $845.2 billion expenditures: $928.2 billion (2006 est.)
Debt - external	$2.345 trillion (30 June 2007)	$1.957 trillion (30 June 2006 est.)
Economy - overview	Italy has a diversified industrial economy with roughly the same total and per capita output as France and the UK. This capitalistic economy remains divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with 20% unemployment. Most raw materials needed by industry and more than 75% of energy requirements are imported. Over the past decade, Italy has pursued a tight fiscal policy in order to meet the requirements of the Economic and Monetary Unions and has benefited from lower interest and inflation rates. The current government has enacted numerous short-term reforms aimed at improving competitiveness and long-term growth. Italy has moved slowly, however, on implementing needed structural reforms, such as lightening the high tax burden and overhauling Italy's rigid labor market and over-generous pension system, because of the current economic slowdown and opposition from labor unions. But the leadership faces a severe economic constraint: Italy's official debt remains above 100% of GDP, and the government has found it difficult to bring the budget deficit down to a level that would allow a rapid decrease in that debt. The economy continues to grow by less than the euro-zone average and growth is expected to decelerate from 1.9% in 2006 and 2007 to under 1.5% in 2008 as the euro-zone and world economies slow.	Italy has a diversified industrial economy with roughly the same total and per capita output as France and the UK. This capitalistic economy remains divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with 20% unemployment. Most raw materials needed by industry and more than 75% of energy requirements are imported. Over the past decade, Italy has pursued a tight fiscal policy in order to meet the requirements of the Economic and Monetary Unions and has benefited from lower interest and inflation rates. The current government has enacted numerous short-term reforms aimed at improving competitiveness and long-term growth. Italy has moved slowly, however, on implementing needed structural reforms, such as lightening the high tax burden and overhauling Italy's rigid labor market and over-generous pension system, because of the current economic slowdown and opposition from labor unions. But the leadership faces a severe economic constraint: the budget deficit has breached the 3% EU ceiling. The economy experienced low growth in 2006, and unemployment remained at a high level.
Exchange rates	euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)	euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)
Executive branch	chief of state: President Giorgio NAPOLITANO (since 15 May 2006) head of government: Prime Minister (referred to in Italy as the president of the Council of Ministers) Romano PRODI (since 17 May 2006) note - PRODI resigns after no confidence vote in the Senate on 24 January 2008, but retains his office until new prime minister is named; when men named by President NAPOLITANO cannot form a government acceptable to Parliament, NAPOLITANO dissolves parliament and calls for new elections on April 13 cabinet: Council of Ministers nominated by the prime minister and approved by the president elections: president elected by an electoral college consisting of both houses of parliament and 58 regional representatives for a seven-year term (no term limits); election last held 10 May 2006 (next to be held in May 2013); prime minister appointed by the president and confirmed by parliament election results: Giorgio NAPOLITANO elected president on the fourth round of voting; electoral college vote - 543	chief of state: President Giorgio NAPOLITANO (since 15 May 2006) head of government: Prime Minister (referred to in Italy as the president of the Council of Ministers) Romano PRODI (since 17 May 2006) cabinet: Council of Ministers nominated by the prime minister and approved by the president elections: president elected by an electoral college consisting of both houses of parliament and 58 regional representatives for a seven-year term (no term limits); election last held 10 May 2006 (next to be held in May 2013); prime minister appointed by the president and confirmed by parliament election results: Giorgio NAPOLITANO elected president on the fourth round of voting; electoral college vote - 543
GDP - composition by sector	agriculture: 1.9% industry: 28.8% services: 69.3% (2007 est.)	agriculture: 1.9% industry: 28.9% services: 69.2% (2006 est.)
GDP - real growth rate	1.9% (2007 est.)	1.9% (2006 est.)
Industrial production growth rate	1.3% (2007 est.)	1.5% (2006 est.)
Inflation rate (consumer prices)	1.7% (2007 est.)	2.1% (2006 est.)
International organization participation	ADB (nonregional members), AfDB, Arctic Council (observer), Australia Group, BIS, BSEC (observer), CBSS (observer), CDB, CE, CEI, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G- 7, G- 8, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA (observer), MIGA, MINURSO, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, SECI (observer), UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, Union Latina, UNMOGIP, UNRWA, UNTSO, UNWTO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC	AfDB, AsDB, Australia Group, BIS, BSEC (observer), CBSS (observer), CDB, CE, CEI, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G- 7, G- 8, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA (observer), MIGA, MINURSO, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, SECI (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, Union Latina, UNMOGIP, UNRWA, UNTSO, UNWTO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC
Labor force	24.86 million (2007 est.)	24.64 million (2006 est.)
Legislative branch	bicameral Parliament or Parlamento consists of the Senate or Senato della Repubblica (315 seats; members elected by proportional vote with the winning coalition in each region receiving 55% of seats from that region; to serve five-year terms) and the Chamber of Deputies or Camera dei Deputati (630 seats; members elected by popular vote with the winning national coalition receiving 54% of chamber seats; to serve five-year terms) elections: Senate - last held 9-10 April 2006 (next to be held 13 April 2008); Chamber of Deputies - last held 9-10 April 2006 (next to be held in May 2011) election results: Senate - percent of vote by party - NA; seats by party - The Union 159 (DS 62, DL 39, RC 27, Together with the Union 11, other 20), House of Freedoms 156 (FI 79, AN 41, UDC 21, LEGA 13, other 2); Chamber of Deputies - percent of vote by party - NA; seats by party - The Union 349 (DS and DL 218, RC 41, Rose in the Fist 18, Italy of Values 20, PdCI 16, Greens Federation 16, UDEUR 14, other 6), House of Freedoms 281 (FI 134, AN 72, Union of Christian and Center Democrats 39, LEGA 23, other 13)	bicameral Parliament or Parlamento consists of the Senate or Senato della Repubblica (315 seats; members elected by proportional vote with the winning coalition in each region receiving 55% of seats from that region; to serve five-year terms) and the Chamber of Deputies or Camera dei Deputati (630 seats; members elected by popular vote with the winning national coalition receiving 54% of chamber seats; to serve five-year terms) elections: Senate - last held 10 April 2006 (next to be held in 2011); Chamber of Deputies - last held 10 April 2006 (next to be held in May 2011) election results: Senate - percent of vote by party - NA; seats by party - The Union 158 (DS 62, DL 39, RC 27, Together with the Union 11, other 19), House of Freedoms 154 (FI 79, AN 41, UDC 21, LEGA 13), other 3; Chamber of Deputies - percent of vote by party - NA; seats by party - The Union 348 (DS 220, RC 41, Rose in the Fist 18, Italy of Values 17, PdCI 16, Greens Federation 15, UDEUR 10, other 11), House of Freedoms 276 (FI 140, AN 71, Union of Christian and Center Democrats 39, LEGA 26), other 6
Pipelines	gas 18,863 km; oil 1,258 km (2007)	gas 17,589 km; oil 1,136 km (2006)
Political parties and leaders	Center-Left Union Coalition [Romano PRODI]: Ulivo Alliance (including Democrats of the Left or DS [Piero FASSINO] (along with the DL merged into the Democratic Party or PD); Daisy-Democracy is Freedom or DL [Francesco RUTELLI] (along with the DS merged into the Democratic Party or PD)); Rose in the Fist (including Italian Social Democrats or SDI [Enrico BOSELLI]; Italian Radical Party [Emma BONINO]); Together with the Union (including Italian Communist Party or PdCI [Oliviero DILIBERTO]; Green Federation [Alfonso PECORARO SCANIO]; United Consumers); Communist Renewal or RC [Fausto BERTINOTTI]; Italy of Values or IdV [Antonio DI PIETRO]; Union of Democrats for Europe or UDEUR [Clemente MASTELLA]; Republican European Movement or MRE [Luciana SBARBATI] Center-Right Freedom House Coalition [Silvio BERLUSCONI]: Forza Italia or FI [Silvio BERLUSCONI]; National Alliance or AN [Gianfranco FINI]; Union of Christian Democrats and Centrist Democrats or UDC [Pier Ferdinando CASINI]; Northern League or LEGA [Umberto BOSSI]; Christian Democracy (Per la Autonomie) [Gianfranco ROTONDI] other non-allied parties: New Italian Socialist Party or New PSI [Gianni DE MICHELIS]; Italian Republican Party or PRI [Giorgio LA MALFA]; Social Alternative [Alessandra MUSSOLINI]; Social Movement-Tricolor Flame or MSI-Fiamma [Luca ROMAGNOLI]; Social Idea Movement with Rauti or MIS [Pino RAUTI]; South Tyrol People's Party or SVP (German speakers) [Elmar Pichler ROLLE]; Union of Valley Aosta Region or UV [Guido CESAL]	Center-Left Union Coalition [Romano PRODI]: Ulivo Alliance (including Democrats of the Left or DS [Piero FASSINO]; Daisy-Democracy is Freedom or DL [Francesco RUTELLI]); Rose in the Fist (including Italian Social Democrats or SDI [Enrico BOSELLI]; Italian Radical Party [Emma BONINO]); Together with the Union (including Italian Communist Party or PdCI [Oliviero DILIBERTO]; Green Federation [Alfonso PECORARO SCANIO]; United Consumers); Communist Renewal or RC [Fausto BERTINOTTI]; Italy of Values or IdV [Antonio DI PIETRO]; Union of Democrats for Europe or UDEUR [Clemente MASTELLA]; Republican European Movement or MRE [Luciana SBARBATI] Center-Right Freedom House Coalition [Silvio BERLUSCONI]: Forza Italia or FI [Silvio BERLUSCONI]; National Alliance or AN [Gianfranco FINI]; Union of Christian Democrats and Centrist Democrats or UDC [Pier Ferdinando CASINI]; Northern League or LEGA [Umberto BOSSI]; Christian Democracy (Per la Autonomie) [Gianfranco ROTONDI] other non-allied parties: New Italian Socialist Party or New PSI [Gianni DE MICHELIS]; Italian Republican Party or PRI [Giorgio LA MALFA]; Social Alternative [Alessandra MUSSOLINI]; Social Movement-Tricolor Flame or MSI-Fiamma [Luca ROMAGNOLI]; Social Idea Movement with Rauti or MIS [Pino RAUTI]; South Tyrol People's Party or SVP (German speakers) [Elmar Pichler ROLLE]; Union of Valley Aosta Region or UV [Guido CESAL]
Political pressure groups and leaders	Italian manufacturers and merchants associations (Confindustria, Confcommercio); organized farm groups (Confcoltivatori, Confagricoltura); Roman Catholic Church; three major trade union confederations (Confederazione Generale Italiana del Lavoro or CGIL [Guglielmo EPIFANI] which is left wing, Confederazione Italiana dei Sindacati Lavoratori or CISL [Raffaele BONANNO], which is Roman Catholic centrist, and Unione Italiana del Lavoro or UIL [Luigi ANGELETTI] which is lay centrist)	Italian manufacturers and merchants associations (Confindustria, Confcommercio); organized farm groups (Confcoltivatori, Confagricoltura); Roman Catholic Church; three major trade union confederations (Confederazione Generale Italiana del Lavoro or CGIL [Guglielmo EPIFANI] which is left wing, Confederazione Italiana dei Sindacati Lavoratori or CISL [Savino PEZZOTTA], which is Roman Catholic centrist, and Unione Italiana del Lavoro or UIL [Luigi ANGELETTI] which is lay centrist)
Unemployment rate	6.7% (2007 est.)	7% (2006 est.)

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