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(单词翻译:双击或拖选)
Italy Growth Struggles to Bridge North-South Divide
Italy is one of the most economically divided countries in Europe. The north - with cities like Milan and Turin - accounts for a large majority of the country's GDP, while the south often is viewed by outsiders as a land of siestas1 and organized crime. Some analysts2 say Italy's south, however, amounts to a vast underdeveloped resource that could pull the country out of its economic slump3.
Lasers cut the latest tire tread patterns, ready for road testing at the Pirelli factory in Milan. It is a futuristic image of Italian industry.
Pirelli has just announced strong results - nine month earnings4 rose by nearly 50 percent compared to 2010.
CEO Marco Tronchetti Provera is proud of the company’s 140-year heritage. He said, though, the source of the profits lies outside Italy.
“We are a global company so we have the head and the heart in Italy. Then more than 90% of our products and of our production is in the rest of the world. Europe is slowing down, that is a fact,” said Provera.
Milan is the home of Gucci, Versace, Prada and many other famous names. Luxury Italian trade group Altagamma predicts sales growth in Asia will soar by 16.5% next year alone.
The glitz belies5 Italy’s economic crisis.
A worker inspects a jar of pasta sauce in one of Paolo Ricciulli's factories - which employs around 220 people at his Althea-Delfino group, Italy's biggest manufacturer of ready-made pasta sauce, with revenues of 62 million euros and two plants in Parma and Acerra, near Naples in Parma, November 11, 2011. |
“There are too many complexities6 in our bureaucracy, our justice system. All this is old-fashioned, we have to change it,” said Provera.
700 kilometers south of Milan lies Naples. GDP here in the south of Italy is just over half that of the north.
Analysts say the region has suffered from decades of underinvestment - despite the European Union’s Development Fund pumping in billions of euros.
Giampiero Gallo, economics professor at the University of Florence, said the imbalance has diverted attention.
“Somewhat the polarization between the north and the south has given the north a sort of reassurance7 that the fault for things not going well was lying somewhere else,” said Gallo.
Salvatore Miele runs the family business, Vincenzo Miele Transport, from Naples portside, shipping8 containers throughout Italy and across the world.
“Compared to the rest of Italy, bureaucracy here in the south delays everything and this is blocking growth,” he said. “The south of Italy has been ignored by politicians and the ruling elite9. So we move with a slower rhythm here.”
Southern Italy has a reputation for organized crime. Miele said he’s lucky not to have been affected10.
“If we give young people a future, criminality will decrease… Southern Italy’s potential is huge, we have the great resource of many young people. We need to help them get into work so they can build a future,” said Miele.
Naples and Milan: two cities and two sides of the Italian economy. Analysts say that if Italy is to return to growth and navigate11 out of the debt crisis, the gulf12 between the north and the south must be resolved.
1 siestas | |
n.(气候炎热国家的)午睡,午休( siesta的名词复数 ) | |
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2 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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3 slump | |
n.暴跌,意气消沉,(土地)下沉;vi.猛然掉落,坍塌,大幅度下跌 | |
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4 earnings | |
n.工资收人;利润,利益,所得 | |
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5 belies | |
v.掩饰( belie的第三人称单数 );证明(或显示)…为虚假;辜负;就…扯谎 | |
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6 complexities | |
复杂性(complexity的名词复数); 复杂的事物 | |
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7 reassurance | |
n.使放心,使消除疑虑 | |
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8 shipping | |
n.船运(发货,运输,乘船) | |
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9 elite | |
n.精英阶层;实力集团;adj.杰出的,卓越的 | |
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10 affected | |
adj.不自然的,假装的 | |
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11 navigate | |
v.航行,飞行;导航,领航 | |
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12 gulf | |
n.海湾;深渊,鸿沟;分歧,隔阂 | |
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