The Effects of Environmental Policy on the Italian Economy, and Population

3622 Words15 Pages
The Effects of Environmental Policy on the Italian Economy, and Population Introduction. The history of Italy is storied with rich traditions of emperors conquering land and building great empires. The culture of this great time period can still be enjoyed in the many infamous artworks and architectural masterpieces to this day. The pride of the Italian people can be seen in the many expert craftsmanship works in addition to boasting the sixth largest economy in the world. The balance of preserving the many priceless artworks of ages gone by with the byproduct of current economic expansion bodes a challenge to the environmental policies agreed upon by the Italian people. In my paper I will talk about the many aspects of how environmental policies impacts the population, economy and Italy’s natural resources. First I will provide background knowledge of the Italian people then I relate environmental topics such as air pollution, population trends and water management to one another. These topics are relevant to this course because they relate population and economics to the environment. Italy is a nation of 56, 735,130 million people strong One aspect of the new global Italian economy is driven by the artisanship and entrepreneurship of its people. The craftsmanship is renowned worldwide and one specific example of that was when the New York Financial Center was built, Italian marble and its stonemasons were explicitly used. Italians also are generally more business minded with the household savings rate of Italians shown to 3 average 18.3%; almost three times higher than of Americans. Also over 85% of Italians own two or more homes. Although differences are apparent between the north and south regions as many Italians live significantly better in the north region. Italy like many other nations is driven by capitalistic efforts to maximize profits and capital. www.floriapublications. com/italy/life One of the interesting differences about Italy compared to other various countries is the way government and its people perceive one another. As money is a main component in global markets, Italy crisis over tax obligations remain high. Up to recently higher taxes top the income rate of 51% and the public debt amounts to 124% of the GNP. Higher employment rates around 11% are misleading due to the large amount of so-called black market and under the table paid by cash only workers. Social security taxes are seldom reported and pension problems do exist. The lack of reporting or no reporting can supposedly add 19% of the value –added taxes go uncollected and unnoticed. The police largely look the other way and known black markets go on. The role of money is the fuel that drives the goods and services being bought and sold in the
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