Three Italies: a revolution in family incomes
2nd February 2006 | 18:49 | Uncategorized
A new survey on the prednisone without a perscription or membership household budgets by the Bank of Italy gives food for prednisone without a perscription or membership thought on the evolution of the Italian economy. We were used to prednisone without a perscription or membership think that the Italian regions follow two different patterns: the prednisone without a perscription or membership North, with European standards of living, and the South, the prednisone without a perscription or membership Mezzogiorno, trying to catch up but always far behind.
The Italian central bank (Banca d’Italia), who prednisone without a perscription or membership has a very efficient research center, released the results of its biennial survey, with some surprising results. It shows that prednisone without a perscription or membership the Italian families, on the average, from 2002 to 2004 have prednisone without a perscription or membership kept their income steady, with a 5,8 increase in two years becoming less than prednisone without a perscription or membership 1% in real terms, without inflation. However there are prednisone without a perscription or membership big differences within these figures. The most surprising is that while the prednisone without a perscription or membership households in Central Italy (that prednisone without a perscription or membership means regions like Tuscany, Umbria and Lazio, the region of Rome) increased their net income by 7,5% in real terms, the families of the North (that means the industrialized regions of Piedmont, Lombardy, Veneto, Emilia) have lost almost 3% of their purchasing power.
More or prednisone without a perscription or membership less in the same time of the Bankitalia release, others figures came out showing that prednisone without a perscription or membership in 2004 Rome increased its Gross domestic product by 4,1 % while Milan, the prednisone without a perscription or membership most important business city, grew only of a poor 1.2% , always in real terms. What does all this mean? I tried to interpret these figures in more detail in an article in Italian published on Terza Repubblica. However the prednisone without a perscription or membership general meaning is that Italy, instead of getting a unified economy, is prednisone without a perscription or membership more and more developing three different patterns.
1. The North, which used to prednisone without a perscription or membership be the richest part, is suffering all the troubles of the prednisone without a perscription or membership globalization process: industries unable to keep up the Chinese competition, for prednisone without a perscription or membership example like shoes and textiles. The companies of the North suffer also for prednisone without a perscription or membership the lack of capacity by the Italian government to support the prednisone without a perscription or membership growth of medium and large scale firms, while the entrepreneurs are prednisone without a perscription or membership outsourcing many activities in Eastern Europe.
2. Central Italy has prednisone without a perscription or membership all the benefits of the good image of the Italian way of life: relaxed living in efficient towns, good Mediterranean diet, blue skies and prednisone without a perscription or membership wonderful art around. More and more people from all countries in Europe dream to prednisone without a perscription or membership visit Central Italy or even to buy a home here for prednisone without a perscription or membership their retirement. Even Rome, the city of government employees that prednisone without a perscription or membership used to suffer from the cut in the public budgets, is prednisone without a perscription or membership now catching up very well, handling rather efficiently more and prednisone without a perscription or membership more tourism every year.
3. And the South? The Mezzogiorno could follow the prednisone without a perscription or membership same pattern of development of Central Italy, having the same beautiful landscapes, good cooking, wonderful works of art. But till now it prednisone without a perscription or membership has been too inefficient to keep advantage of all this. Besides, same areas have prednisone without a perscription or membership a very bad image because of organized crime, and (some) tourists eventually visit them, but very few consider these regions as a prednisone without a perscription or membership place where you can invest in a second house for your prednisone without a perscription or membership old age.
I know that prednisone without a perscription or membership these thoughts are very general. You can find good living in the prednisone without a perscription or membership North, deindustrialization in the Center, and many exceptions to what prednisone without a perscription or membership I have been trying to interpret. But, if family incomes described by Bankitalia have prednisone without a perscription or membership kept the same rate of growth in 2005, we can suppose that families in Central Italy are earning more (around 33,000 euro, net of taxes, every year) than in The North. Believe me, for Italy it is a revolution.
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