Understanding the Economics of Italy
Budget: £36 – £0 GBP
I would like an executive summary of the economic dynamics of Italy. This is needed to educate me generally and to help me make a personal investment decision.
Questions include:
- what has the effect of membership of the EU had on Italy - pros and cons
- Effect of the Euro - is it too highly valued for Italy's economy?
- What does internal devaluation mean?
- How has Italy internally devalued to remain competitive (if in fact it is competitive)
- How large is Italy's debt and how is it paid for (ECB purchases of Italian bonds?)
- What are Target II debt obligations and how large are Italy's?
- What is Mario Draghi doing to reform Italy
- Does the structure of Italy's political system prevent serious economic and political reform
- What happens to Italy if/when the ECB reduces QE and starts to raise interest rates
Questions include:
- what has the effect of membership of the EU had on Italy - pros and cons
- Effect of the Euro - is it too highly valued for Italy's economy?
- What does internal devaluation mean?
- How has Italy internally devalued to remain competitive (if in fact it is competitive)
- How large is Italy's debt and how is it paid for (ECB purchases of Italian bonds?)
- What are Target II debt obligations and how large are Italy's?
- What is Mario Draghi doing to reform Italy
- Does the structure of Italy's political system prevent serious economic and political reform
- What happens to Italy if/when the ECB reduces QE and starts to raise interest rates