Texas A&M University
International Business Law
Italy is a country in southern Europe, known for its ancient past and mountainous area, the churches of Italy are spectacular, its museums contain some of the world’s best art, consisting of renaissance and roman as well as modern pieces. Italy occupies a boot-shaped peninsula and reaches to the Mediterranean Sea, which includes two islands, Sicily and Sardinia, Italy also is the seat of the ‘Holy Sea’, as well As San Marino, the landscape is covered by two mountainous divisions, the Alps and Apennines, which it shares with Austria and Germany, the Alps cover the Northern Region, the Apennines runs almost the entire area of the country (Keates, J.2018).
Italy got its name from the ancient Romans, who named the Southern part ‘Italia’, meaning grazing land and land of the oxen. Rome is the major capital of Italy, Florence was the home of many artists in the renaissance period, Venice known for its famous ‘Gondoliers; Life in Northern Italy greatly differs than that of Southern Italy, like America, the northern part is richer than its southern counterpart, more industrialized, manufacturing, service and construction are normal in both parts, whereas the south is more agrarian, agriculture, in the urban areas the citizens occupy mostly concrete dwellings(Worldbook,2016).
City growth and the increased use of privately owned automobiles, has led to a huge pollution problem, in the past, most rural communities in Italy consisted of a compact settlement surrounded by a large area of agricultural fields, farmers usually worked in town but come harvest time they returned to the village and harvested the crops, but mostly, most were just simple farmers (Duggan, C.2015).
The population of Italy has declined in recent years, since most Italians are only willing to have up to two children only, particularly in the mountainous regions, as the younger generation have abandoned the farmers way and have sought better opportunities in the cities, or have left Italy altogether for other countries, namely, Germany. About 94 percent of Italy’s people are ethnic, the next foreigners are ethnic Germans, Turks, Yugoslavians, Africans, Albane, and a small number of French speaking people.
Since 1945 Italy has become one of the richest nations of the EU, but the old problems still endure, the South agriculturally strong, but industrialized backward, the North, industrialized, modern, educated, wealthy, but it has left its southern citizens neglected, as a sort of old time’fifedom’, can it bring it up to snuff, or leave it as is.
Italy is a member of the European Union, which means that the laws for doing business in Italy is the same as doing business in any other European country, but basic laws for conducting business there it has its own Internal Rules(Holmes,G.2016).Women are becoming more relevant in the workplace, but before joining the European Union, women were not welcomed in the workforce, the influx of illegal immigrants from other countries, mainly North, Sub Sharan, and Lower Africa, pose a business threat for Italy.
Education, is another flaw of doing business in Italy, education is compulsory, and the older generation is absolutely vague when it comes to information technology, so the use of electronics would have to be a front issue, since most record keeping is done by hand, but this trend is changing, the newer generation is more futuristic that the older, so there is more willingness to travel abroad and continue their education (Furlong, P.2016).The other problem lies not with Italy, but the entire European Union, is the problem of trading across borders, where paperwork and customs can take as long as one to thirty days to process a shipment. Government red tape, culture, taxes, laws are more of a problem when wanting to open a business in Italy, xenophobia, and history in general can make opening a business in Italy a hard decision.
Since World War II, the country moved from an agrarian society to one of modern industry, in 1953 most citizens were employed in agriculture, in Northern Italy it is considered one of the better industrialized areas of the EU, but the trend remains the same of the Southern region where Industrialization remains a mystery, after World War II, a number of organization began to get started:1. The European Economic Community, forerunner of the EU.2. The European Steel community.3. The atomic energy community, which were a formidable group of European communities committed to enhancing their ways of life. So, in 1993, Italy joined the European Union.
From the early 100.a.d., Italian cities became to become more significant in importance and independence, also becoming major trade centers of foreign trade, banking, social and political influence, many became poor but many became wealthy, this episode became known as the rise of the ”City-States”, the places absolutely denied monarchial rule over them (Denys, H. 2015).