ITALIA 2000 A Promising Industrial And Trade Partner.

This article focuses on the economic conditions in Italy as of December 26, 1988. The year 1988 has been a particularly favorable year for Italy. The country's GNP during the first half was far better than expected, with a growth rate substantially superior to initial forecasts. During the first half of the year, Italian industrial output was up a full 5.5% over the first six months of 1987. The continued expansion of the Italian economy during the year was largely based on booming home market demand, whose growth rate exceeded averages chalked up in preceding years, accompanied by a somewhat unexpected increase in export market demand.