Various 07 October 2019

Beyond the fluctuations in the Italian economy, the analysis

Interview with Alessandro Terzulli, Chief Economist at SACE.

Political outlook in August 2019

Italy has an “artistic flair” also in political life and we have seen a key change in the composition of the majority coalition. In a few words, after the dramatic collapse of the first Conte government, at the head of a coalition between the Five Star Movement (Movimento 5 Stelle, M5S) and League parties (Lega), the President of the Italian Republic Sergio Mattarella decided to give Prime Minister Giuseppe Conte a second mandate. M5S and the Democratic Party (Partito Democratico, PD) will support the new government.


Strengths and weaknesses of the Italian economy

One of the most important strengths is the Italian exports of goods. They have been increasing quite significantly over the last years: Made in Italy is strongly demanded in the world! In 2018 the Italian exports of goods grew by 3.1% (total value of €463 billion), after a record-high +7.6% in 2017. Since 2010 external demand has been the only positive-contribution component of GDP.


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Various 07 October 2019
Interview with Alessandro Terzulli, Chief Economist at SACE.
Focus On 17 November 2017
In recent years, protectionism has become fashionable once again. More than 8 thousand discriminatory measures were introduced globally between November 2008 and June 2017. The most damaged sectors include automotive, metallurgy and instrumental mechanics: these segments account for almost 40% of Italian exports.