Italy has the largest public sector of all developed countries. Until now, up to 50% of the economy and 70% of the country’s banking system has been under state control. Italy has one of the highest indicators of GDP production by the public sector among developed countries and the share of state-owned enterprises in the […]
Tag: west
Economically highly developed countries of Western Europe
These include: Switzerland, Austria, Belgium, the Netherlands, the Scandinavian countries, Finland. Due to their favorable geographical position, using a high level of skilled labor and accumulated own and attracted capital from all over the world, these countries have reached a very high level of development of productive forces. Their per capita indicators exceed those in […]