Economists fear the world's sixth-largest economy, recently surpassed by China, appears hobbled by structural weaknesses that could make de-industrialisation more painful than in the US or the UK. Should entrepreneurs and government leaders fail to correct them within the next few years, Italy could plunge into economic decline.
To read the full article by the Financial Times’ Milan correspondent Fred Kapner go to Italy – Articles – 2 June 2004.
Source: Financial Times