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Article: Land of pasta and pizza spots exports and profits. (Italian economy is improving)
- Article from:
- U.S. News & World Report
- Article date:
- June 8, 1987
- Author:
CopyrightCOPYRIGHT 1987 All rights reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Land of pasta and pizza spots exports and profits
For so long, it's been easy not to take the Italian economy too seriously. After all, didn't everything seem to run on sunshine, spaghetti and two sets of books? Yet today, Italy's amazing economy is one of the fastest-growing in Europe and its performance is making people stand up and take notice. Just ask Margaret Thatcher.
The British Prime Minister, whose country is no economic slouch itself, already has heard plenty about what Italians proudly call il sorpasso--Italy's recent overtaking of Britain's economy. Depending on how you work your calculator --and thanks to a robust underground economy ...