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Italy is the world's seventh-largest manufacturing country, [39] characterised by a smaller number of global multinational corporations than other economies of comparable size and many dynamic small and medium-sized enterprises, notoriously clustered in several industrial districts, which are the backbone of the Italian economy. Italy is a ...
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021. [8] [1] [11]
In the recent decades, however, Italy's economic growth has been particularly stagnant, with an average of 1.23% compared to an EU average of 2.28%. Previously, Italy's economy had accelerated from 0.7% growth in 1996 to 1.4% in 1999 and continued to rise to about 2.90% in 2000, which was closer to the EU projected growth rate of 3.10%.
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
Italy is the world's sixth-largest manufacturing country and the second-largest in Europe, [194] characterised by fewer multinational corporations than other economies of comparable size and many dynamic small and medium-sized enterprises, clustered in industrial districts, which are the backbone of Italian industry. This has produced a niche ...
In China a full 78.3% of the urban labor force were employed in the public sector by 1978, the year the Chinese economic reform was launched, after which the rates dropped. Jin Zeng estimates the numbers were 56.4% in 1995 and 32.8% in 2003, [6] while other estimates are higher. [7] [8] [9]
The meeting on May 24-25 among the G7 finance ministers in the northern Italian town of Stresa will reflect on the "fragmentation of global trade, with the latest moves by the American government ...
The regions of Italy (Italian: regioni d'Italia) ... Economy of regions and macroregions. GDP per capita 2018, EUR. Flag Name GDP 2018, million EUR [11]