Istalian economy is recovering: domestic and foreign investment increasingUnemployment still hight, the private sector does not seem to be able to absorb all the public sector's redundancies and Marra opens to the leftist forces: "The elections have expressed a clear signal, in the respect of democracy we will have to compromise but we shall avoid the waste of the past, many not reabsorbed redundancies have relied on that"The recovery is making itself felt, internal consumption has taken the definitive path of growth, a sign that Istalians are returning to spend as well as companies to receive ever greater orders.
This is not due, however, only to the large projects launched through public funding, since also investments have been showing good results for more than a year now, at home as well as abroad and both from Istalian and foreign investors: fiscal policies put in place to promote growth in fact, as announced in a previous article, are making good results and have even more consolidated the reputation of the country as a business friendly nation but above as a really safe and reliable place to invest.
But istalian enterprises have also started investing abroad and not only in less developed countries such as the eastern nations in Dovani, where the MGI (
Mariani Investment Group) and Hasan have worked to stabilize their activity or founded new ones, especially in the promising Vanakalam which seems determined to raise their fates to become a developing country, but also in western economies, and among these there are the promising exchanges between Istalia and Saridan.
The central-seleyan state in fact is focusing heavily on marketing towards Istalia to promote its products, primarily its renowned coffee and tea, while more and more Istalian agri-food companies are entering the saridanese economy which in turn is showing itself interested and satisfied to be able to accommodate companies with a much more advanced know-how, which can guarantee better performance and increase the efficiency of the whole chain from cultivation to industrial processing poles.
Farillas has been in contact with Saridan's largest coffee maker for an agreement to build a modern coffee processing center at one of the southern ports of Saridan while Hasan Aeductus World Shipping seems to have already been in contact with the Saradanese authorities for the expansion of one of these ports: the HAWS project would be about creating a stable route through the Sea of Lost Souls which would reach Triesta where the saridanese products will be able to enter into the Istalian market as well as will have the chance also to reach the rest of Majatra.
The stability achieved by the Saridanese Republic after the end of the apartheid regime and the openness towards the global market by the recent governments have given confidence to foreign investors and first of all to the Istalians favored by the recent treaties established between Saridan and Istalia which have definitively put an end to the hostilities of the past paving the way for ever closer co-operation between the two countries and which could be the first step towards an increase in economic and trade relations between the two continents of Majatra and Seleya, an increase which will ensure benefits to both continents and will help many nations still in crisis to raise their fate.
Regarding the domestic economy however, despite the positive general data, the unemployment rate is still too high and this is because the re-absorption of public sector redundancies generated by the privatization of National Welfare, in spite of the estimates made by the previous liberal governments, has been steadily below the forecasts and still thousands of former public employees have failed to find a new job, while many have been forced to move towards other worker sectors.
To explain the phenomenon, the President of the Republic intervened in person, which we remember that before of that he is a politician and remains a renowned economist, who explained during a press conference with the newspapers this results below the average:
The private sector is oriented to maximizing efficiency, it has always been one of the best qualities of private entrepreneurship, while the public sector, despite the fact that the Istalian State has always focused on quality and efficiency in providing services to the citizens, simply it was never pressured by the need to ensure profits and, above all, it has always been able to rely on state funds that, as with any other enterprise or public body, are always able to cover even criticalities and possible losses.
So we can well understand how a private activity which wants to ensure efficiency and quality while still surviving and wanting to grow will obviously have a greater drive to focus on organizing, carrying out business activities, innovating... in general it needed always to keep a sharp eye on costs! And all this also affects the workforce! In short, most of the redundancies who are struggling to enter the world of work are dependent on the inefficiencies, but not necessarily, of the previous public bodies, and I am not talking only about the Healthcare or the pension system but also of so many municipal utilities all over the national territory, and which very often, too often, have been exploited by local authorities both to "beat the check" and as an electoral-political instrument, perhaps by providing jobs, even allowing them to retain overnumbers.
This, of course, has also created a certain malaise on the reforms of the past years, and despite the fact that the vote in the last elections failed to overcome the previous majority, it has still greatly rewarded parties that have always opposed excessively liberal policies. Now, the situation seems to have... how to say... scared the old Istalian Democracy, who eventually reformed in the Party of Istalian Democrats which during the electoral campaign decided to move to a more moderate position by opening to the left-wing forces which are pushing for the reintroduction of a welfare's public management, apparently disappointed by the employment figures and shaken from the last aftermath of the long season of corruption-related scandals and the uneven mix between politics and the economy.
So, in the face of the election results which have clearly expressed a clear popular will, I believe that this is why Fiorenti (n.b. leader of Freedom and Progress), facing the inactivity of the Trade Union party, which is probably too far to the left to accept a coalition so wide, has decided to lend a hand to the PDI and other left-wingers, PASI and NS, respecting the will of the people but also because a re-introduction of a public management carried out with discernment and which aims first of all to economic efficiency will help to cope with the high unemployment, which is why most likely my party will abstain from the vote we are expecting to reintroduce a health and pension public management, aware of the fact that left-wing political forces have the numbers to be able to accomplish the reform.
In general, however, the insurance industry is growing at exponential rates and thanks to the coverage of the state and therefore to the National Convention on Social Protection, our citizens are experiencing great performance and I am personally convinced that the reintroduction of a public system will not question the private sector success.
Of course, I would personally have preferred that this reform, which I myself called radical, had more time to express itself but in a democracy the state and its institutions must respect the popular will! Probably such a reform has really been too radical and if we add some results below to those expected we can understand how this has frightened many of our citizens. As President of the Republic, before being a politician and economist, I am aware that I must respect the will expressed by the people to whom I assure that I will respect my role as President and therefore the decisions that will be taken by the next government.
