globalization

The Impact of Economic Globalization on Italy

First , I would like to thank all of you for coming here today . I hope that I will be able to provide you with relevant and meaningful insights on Italy 's experience with the globalization process

In the last decade , Italy has been subject to the massive technological and social changes brought about by the increased integration of the Italian economy with the rest of the world . The huge transformation in Italy 's economy is evident in the structural changes in Italy 's local industrial

centers where production and manufacturing processes have been linked to global business activities . For instance , we have seen an increasing linkage in the activities of Italy 's textile and shoe industry with the production and distribution channels of the world 's top brands (Rabellotti 3 . The remarkable growth rates in the luxury industry have enabled Italian producers to take advantage of new markets and new distribution channels for their products . In the same manner breakthroughs in information and communication technology , the main drivers of globalization , have drastically changed the structure of the Italian employment marketplace by enabling companies and businesses to take advantage of offshoring practices to reduce costs and improve firm competitiveness

The economic globalization of Italy has also had profound impacts on the social dimensions of the country . The advances in information technology have made it possible for Italians to be connected to the rest of the world through the internet and other communication platforms . This...