But what about the economic boom: two decades of decline, young unemployed, low wages?

Il Riformista

But what about the economic boom: two decades of decline, young unemployed, low wages?

Italian economy's poor growth continues for over two decades: zero percent growth per year. The post-Covid rebound was exhausted in 2021 and the first part of 2022, with GDP rising less than 1% in 2023. In the first quarter of 2024, growth may not exceed 0.1%, indicating a potential 0.5-0.7% for the entire year. This disappointing dynamic stems from low capital accumulation and even more from the lack of technological progress, resulting in insu…