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Italy and Spain

Italy and Spain. Basic Economic Information and Status in the European Union As Compiled by Rachel Kramer. Maps of Western Europe. Establishment of Identities. Full Name Italian Republic Kingdom of Spain Capital City Rome Madrid Area total: 301,230 sq km total: 504,782 sq km.

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Italy and Spain

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  1. Italy and Spain Basic Economic Information and Status in the European Union As Compiled by Rachel Kramer

  2. Maps of Western Europe European Economic Integration Economics 270 with Professor Mendez-Carbajo

  3. Establishment of Identities • Full Name • Italian Republic • Kingdom of Spain • Capital City • Rome • Madrid • Area • total: 301,230 sq km • total: 504,782 sq km European Economic Integration Economics 270 with Professor Mendez-Carbajo

  4. The Peoples • Population (with population density) • Italy: 58,103,033 people 500 per sq mi • Spain: 40,341,462 people 207 per sq mi • Population Growth Rate (with net migration rate) • Italy: 0.07% 2.07 migrant(s)/1,000 • Spain: 0.15% 0.99 migrant(s)/1,000 European Economic Integration Economics 270 with Professor Mendez-Carbajo

  5. The Peoples of Italy and Spain and some Economic Statistics • Life Expectancy • Italy: 79.68 years • Spain: 79.52 years • Inflation Rate (CPI) • Italy: 2.3% • Spain: 3.2% • Unemployment Rate • Italy: 8.6% • Spain: 10.4% • Ethnic Groups • Italy: Italian (includes small clusters of German-, French-, and Slovene-Italians in the north and Albanian-Italians and Greek-Italians in the south) • Spain: composite of Mediterranean and Nordic types European Economic Integration Economics 270 with Professor Mendez-Carbajo

  6. Economic Statistics • Government Budget (Revenue, Expenditure, and Balance • Italy: revenues: $768.9 billion Spain: revenues: $383.7 billion expenditures:$820.1 billionexpenditures: $386.4 billion Balance: -$51.2 billion Balance: -$2.7 billion • Outstanding Public Debt (as a % of GDP) • Italy: 105.6% of GDP Spain: 53.2% of GDP • Current Account Balance • Italy: -$21.1 billion Spain: -$30.89 billion European Economic Integration Economics 270 with Professor Mendez-Carbajo

  7. Gross Domestic Product • GDP • GDP per capita • GDP growth rate • GDP composition by sectors ItalySpain $1.609 trillion $937.6 billion $27,700 $23,300 1.3% 2.6% agriculture: 3.5% agriculture: 2.3% industry: 28.5% industry: 28.8% services: 68% services: 68.9% European Economic Integration Economics 270 with Professor Mendez-Carbajo

  8. European Monetary Union • Italy • Joined the EU in 1957- Founding member, EMU in 1999 • Current challenges: Violation of the Stability and Growth Pact • Future Agenda: Integration of Turkey, presidency • Spain • Joined the EU in 1986, EMU in 1999 • Current challenges: High unemployment, adjusting to the monetary and other economic policies of an integrated Europe, terrorism • Future Agenda: Integration of Turkey, presidency European Economic Integration Economics 270 with Professor Mendez-Carbajo

  9. Fiscal Policy • Italy • Bruising confrontation with the European Commission • Spain • Taking the EU for all its worth European Economic Integration Economics 270 with Professor Mendez-Carbajo

  10. Common Agricultural and Fisheries Policies:main interests and subsidies received from the EU • Italy • Common products: fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish • Italy is receiving 188.6 million Euros in Funding (16%) • Spain • grain, vegetables, olives, wine grapes, sugar beets, citrus; beef, pork, poultry, dairy products; fish • Spain is receiving 494.1 million Euros in Funding (42%) European Economic Integration Economics 270 with Professor Mendez-Carbajo

  11. Social Policies • Italy • Immigration- large coastline • Unemployment- big issue in southern Italy • Social Welfare- fantastic pension system coupled to an aging population • Spain • Immigration- opening doors • Unemployment- horrendous • Social Welfare- too good European Economic Integration Economics 270 with Professor Mendez-Carbajo

  12. External Relations • Spain • Political • US and UK • France • Economic • France • Germany • Italy • The Netherlands • Italy • Political • India • Iran • Economic • France • Germany • Spain • The Netherlands European Economic Integration Economics 270 with Professor Mendez-Carbajo

  13. Fin European Economic Integration Economics 270 with Professor Mendez-Carbajo

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