Italy Post Cold War to Present: Government and Economy

Italy Post Cold War to present

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The Cold War was a tough time economically, financially as well as politically for Italy. The silent struggle for supremacy which pitted the United States and Russia had a spillover effect on countries such as Italy. Once an economic powerhouse and a major player in Europe, Italy has slowly but steadily disintegrated into a country of social, economic and political chaos, which have a huge impact on the citizens. The citizens themselves aren’t helping the cause, since, despite the country being a member of the Euro.
Between the years 1999 and 2008, the country’s economic growth potential has been the lowest among all the Euro member states (Collignon, 2013).This has been blamed partly on the deteriorating and outright poor leadership .The attitude of the Italians towards their government has also continued being extremely negative, as approximately 93% of them believe that the economy isn’t improving at all. The ineffectiveness of the government has meant that the people form their o...