Essay on India and Italy: Their History and Economy

Essay on India and Italy: Their History and Economy

Length: 1280 words (3.7 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

India and Italy have been part of the world since long time, both of the countries share unique features in them. India and Italy recently started having even stronger bonds with each other. Both the countries are part of ancient civilizations; people of India and Italy have continuous civilization since 2500 B.C.E. Both the countries can be compared and contrasted on the basics of their culture, religion, economy, history and trade stats etc. I have never seen Italy in my life but I hear people from Italy are similar to Indians in most of the ways and Italy itself attracts me as a beautiful country. I always wanted to go to Italy from the start as I have only seen the Italy in pictures and movies. Italy has kept his heads up from the recession as compared to the countries around it like Spain, Switzerland, Austria and Hungary.

The neighboring countries of Italy are facing lot of recession in their country as Spain has inflation rate of -0.80% , Austria inflation rate of 0.40% and Switzerland -0.60%, which is very low as compared to Italy, which is 0.60%. In terms of businesses Italy is doing way better than these countries as recent news shows it import and export business are doing very well with countries like India and USA. According to the sources the headlines were Spain facing deepest recession Jose Carlos Diez, chief economist in Madrid at Intermoney SA, Spain’s largest bond dealer said "I can guarantee you that if we did not take advantage of our financial margin to fight the recession, the fall in public revenues in 2010 would be so disproportionate that we would have problems, " he wrote in a note. Spain showed a budget surplus between the years 2004 to 2007 but due to recent economy slowdown it shattered really b...


... middle of paper ...


.../french-news/-Spanish-minister-shrugs-off-credit-downgrade-_48814.html?ppager=1
(2010). Emerging market report. Hungary unexpectedly lowers interest rates, retrieved from
http://www.marketwatch.com/story/hungary-unexpectedly-lowers-interest-rates
swissinfo.ch. Swiss faces recession, retrieved from http://www.swissinfo.ch/eng/business/index/Switzerland_faces_recession.html?cid=7102266
(2010). Central intelligence agency. India, retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
The countries of the world. Italy economy 2010, retrieved from http://www.theodora.com/wfbcurrent/italy/italy_economy.html
(2010). Sectors. India’s trade, retrieved from http://india.gov.in/sectors/commerce/india_trade.php
(2010). Air alliance. Retrieved from http://www.forbes.com/feeds/ap/2010/10/20/business-eu-italy-alitalia-jet-airways_8029227.html

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay about Industrialization in India

- The quest for development started from ancient civilization. History shows that human being always tried to enhance their lifestyle in comparison with the existing environment. In different civilization with the help of science and technology human being achieved their expected goal. Starting from the ancient civilisation society was divided in main four divisions on the basis of the individuals work. There was scholar, ruler, trader and worker and every civilisation has been developed with the help of these four classes....   [tags: Economics]

Better Essays
1043 words (3 pages)

History of England Essay

- To understand the relationship today between America and the UK, and this with Europe, we must first begin to understand where it all began. European hegemony of the nineteenth century was due mainly to Great Britain who was able to establish its power in global trade. At first the European countries represented a great power, new advances in new forms of trade, which emerged in Britain and later developed in the rest of the world, gave to Britain and Europe in general a place countries favoured over other economies....   [tags: America, United Kingdom, World History]

Better Essays
1209 words (3.5 pages)

Essay on Growth in the U.K. Economy

- Growth in the U.K. Economy After the Second World War, Britain enjoyed the longest boom in its history until the 1973-74 oil crisis. There are many, though, who do not view this as a successful period of Britain's history. Although Britain experienced unprecedented growth, its rate of growth was slower than that for many other countries. It is therefore debatable as to whether this was a successful period of Britain's history or not. This essay will examine the statistics of Britain's growth after the Second World War and compare this to statistics for other countries as well as statistics from Britain's past....   [tags: Economics Britain Essays]

Free Essays
1882 words (5.4 pages)

The Political History of Italy Essays

- The political history of Italy is quite extensive. The Greeks were the first to settle in Italy and established colonies in the southern part of the country and in Sicily. There was not a sense of political reality as much as there was a civilization (Windows on Italy- History). While the Greeks controlled the south the Gauls, or Celtic people, ruled the north and the Po Valley. But the most important group to settle in Italy was the Etruscans. Because of their advanced civilization, the Etruscans were the only ones to establish political and cultural ideas before the Roman Empire (Windows on Italy- History)....   [tags: History of Italy Essays]

Better Essays
1883 words (5.4 pages)

India's Economic History Essay

- Indian civilization traces its early origins back to the Harappan civilization in the 3rd millennium BC, had acquired a definite mould by the early centuries of the Christian era. During this period, India had not only developed a unique social order and philosophy of life, but also a set of political norms which in turn shaped its world view (Cox, 1997: pp124). The concept of religious tolerance, for example has been a leit motif throughout Indian history including the period of Turkish rule between the 13th and 8th centuries (pp125)....   [tags: India]

Better Essays
1033 words (3 pages)

India's Economy and Infrastructure Essay

- India's Economy and Infrastructure OVERVIEW India is rich in natural resources and manpower and has made significant economic progress since attaining independence in 1947. India's economy encompasses traditional village farming, forestry, fishing, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services. Economy transformed from primarily agriculture, forestry, fishing, and textile manufacturing in 1947 to major heavy industry, transportation, and telecommunications industries by late 1970s....   [tags: India Economy]

Free Essays
1763 words (5 pages)

History of England Essay

- For what reasons, and with what consequences, has Britain sought to position itself between Europe and America in this period. To understand the relationship today between America and the UK, and this with Europe, we must first begin to understand where it all began. European hegemony of the nineteenth century was due mainly to Great Britain who was able to establish its power in global trade. At first the European countries represented a great power, new advances in new forms of trade, which emerged in Britain and later developed in the rest of the world, gave to Britain and Europe in general a place countries favoured over other economies....   [tags: Europe, Wolrd War II]

Better Essays
752 words (2.1 pages)

Essay about India's Growing Economy

- India is likely to overtake China very soon, this is what the two authors of „Riding the Indian Tiger – Understanding India, the World’s Fastest Growing Market” state. The authors who wrote this book together know a lot about doing business in India from their experience. William Nobrega is president and founder of The Conrad Group, LLC, a consulting firm specializing in emerging market strategic planning, advisory services for institutional investor groups, and mergers and acquisitions. Ashish Sinha is the COO of RocSearch, a UK-based research and analytics offshoring firm....   [tags: India China Economics GDP]

Free Essays
1034 words (3 pages)

Islam in Italy Essay

- Islam in Italy Problems with format 'Like many minority communities of varying religious and ethnic backgrounds, Muslims have struggled to define their place in societies around the world.' As immigration patterns have ebbed and flowed through the centuries, Italy is one of many European countries that plays host to a growing number of Muslim immigrants.. Muslims struggle with identity, intermarriage, gender relations, worship, education, and civil rights in the context of their new country.....   [tags: Islam Italy History Essays]

Better Essays
2454 words (7 pages)

Essay on Italy

- Italy Italy, is a boot shaped country in south-south eastern Europe. Italy, also known as the Italian Republic, is one of the seven most industrialized countries in the world. This lineup includes: United States, Russia, Germany, England, Japan, China and Italy. Italy is about the size of North Carolina and it has a population of around thirty-seven million people as of 1991. An interesting fact about the population of Italy is that it is neither growing nor shrinking. During the last decade, Italy's population hasn't exceeded a .9% increase or decrease in population....   [tags: Getting to Know Italy]

Better Essays
628 words (1.8 pages)