2013 11 28 Italy in Transition

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Slide 1

ITALY IN TRANSITION Politics, Economics and Cultural Trends of a Country at the Heart of Changing Europe Mauro Battocchi Consul General of Italy for the North West and Pacific Utah Valley University, Nov. 29, 2012

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OUTLINE Italy’s Image Abroad Italy’s Self Image Real Italy Unveiled: Political system Economics Culture Conclusions: Be Ready for a Positive Surprise “Italy is much more than the stereotype”

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ITALY’S IMAGE PROS 4 Fs: Fashion, Food, Furniture, Ferrari Pervasive Beauty and Arts Aspirational Lifestyle Passionate, emotional people “A man who has not been in Italy, is always conscious of an inferiority” (S. Johnson)

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ITALY’S IMAGE CONS Unstable Governments Poor Bureaucracy Weak Economy Mafia Traditional Society “Some of my favorite movies are Good Fellas and The Godfather...I love mafia movies. ” (G. Rancic)

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ITALY’S SELF-IMAGE “I am rich. Italy is poor.” “Italians are too diverse” “We don’t have a civic conscience” “My City is the best; yours is bad” “Our food and coffee are the best” “Many municipal identities. A feeling of mistrust toward Central Government.”

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ITALY UNVEILED WHAT IS REALITY LIKE?

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POLITICS A Nation Younger than the US The Legacy of the Cold War Important change in 1992 Stable Governments Towards a two-coalition system Elections in 2013 and beyond “Notice the new method of selecting leaders via Primaries ”

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ECONOMICS Government Debt and Household Net Wealth

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ECONOMICS Household Net Total Wealth per capita

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ECONOMICS Structural Reforms In Progress

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ECONOMICS The Strength of SME’s

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ECONOMICS Traditional and Techno Clusters

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ECONOMICS Per Capita Industrial Production

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ECONOMICS Italian Ranking World Export, 5517 Products, 2009

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CULTURE Sustainable Modernity, with Style.

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CONCLUSIONS “Opportunities in Italy: the Best Kept Secret”

Summary: Presentation at UVU. Statistics from "Why Italy Matters to the World", Napolitano-Onetti, 2011

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