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Discussion Board Forum 1
Located at the southernmost region of Europe, Italy is my chosen country of study for the Global Business Cultural Analysis research paper. With Rome as its capital, this fascinating Republic is full of rich history and Christian heritage. Lead by a Prime Minister, Italy boast being the seventh largest economy in the world (Thomas White International, 2013). The Italian peninsula is rich in the diversity of business, including world renowned automotive companies, fashion, textiles, tourism, and of course, the bounty of gastronomical wonders.
Unfortunately, and adding to the flavor of this country, is the stronghold of corruption and organized crime that ultimately affects its own citizens and the further growth of their economy. Corruption has reached even as high as the Prime Minister, Silvio Berlusconi, who “has since been convicted of tax fraud, banned from public office for two years, and handed a one-year sentence.” (Cohen, 2013). I would like to study and learn about their local and international financial system, and discover why such a blessed country has such high unemployment rates among its citizens. I would also like to research their business culture, the types of corruption within the Government, their financial potential for improvement, and how international companies view investing in this interesting and diverse economy. Despite many negative factors, Italy continues to be the romantic capital of the world, full of dreamy landscapes, vineyards, and singing gondoliers. It will be most interesting to gather a much broader, and in depth view of this fascinating country.
Cohen, D. (2013). The Great Desperation. Retrieved from http://www.nytimes.com/2013/10/22/opinion/cohen-the-great-desperation.html?adxnnl=1&ref=columnists&adxnnlx=1382669661-6GQN7AcE9qqCY0H3zMnOZQ
Thomas White International. (2013). Italy: Renaissance Revisited. Retrieved from...