[Autom. eng. transl.] In Italy there is a recovery that works and that of exports. In just a few months Italian exports will return, except for unforeseeable surprises, to the same levels in value that had reached at the peak of the expansive cycle preceding the current crisis: in the twelve "flowing" months between October 2007 and September 2008 our exports had reached a record high at € 376.5 billion. In the twelve calendar months of 2010, Italian exports have already returned to 337.6 billion and in the first three months of 2011 they have accelerated further, rising in the twelve "sliding" months between April 2010 and March 2011 to 351, 9 billion. At this point, just under 25 billion are missing to return to equaling the pre-crisis record. Not a difficult undertaking, considering that the first three months of this year have already added 14 billion to the annual figure for 2010. If Italian GDP grows little, therefore, it is certainly not the fault of exporting companies, which are doing their duty in full . Unfortunately imports are also growing and therefore the contribution of net foreign demand to Italian GDP is, at this stage, limited. But even in Germany, export is no longer the engine of growth as it was last year.
|Translated title of the contribution||[Autom. eng. transl.] Export: the recovery that works|
|Number of pages||4|
|Publication status||Published - 2011|
- riforme strutturali
- structural reforms