...Christopher Oladipo Global Finance Term Paper Topic: The Italian Financial Crisis: Causes, Actions and Reactions DECEMBER 2011 TABLE OF CONTENTS 1. Introduction 2. Causes I. Immediate causes II. Remote causes 3. Actions I. Governmental actions II. Regulatory actions III. European response 4. Reactions I. Local market reactions II. European market reactions III. Effects on US and world markets. 5. Conclusion 6. Bibliography 1. INTRODUCTION The Italian crisis that rocked the Euro zone at the beginning of this quarter was sudden, yet, not really sudden. There have been signs, but the leaders were unperturbed, so it was business as usual until the eventual breakout, like an epidemic, now threatening to consume not only Italy, but the Euro zone and by extension, the European Union.[1] The Greek economic debacle was one of the clearest signs that all was not well within the zone, but, of course, the general consensus was that Greek was too small to ignite any serious panic within the zone. If at all anything was going to happen, the general belief was that it will not affect the core of the European economy, and as such, to my understanding, not worth any preparation or broad based actions by the European Central Bank (ECB). But today, all of that has suddenly changed with the Italians taking their turn at the economic turntable. It is not clearly understood that even the mighty do sometimes fall. Italy is...
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...Introduction Italian immigrants migrated into the US together with many of their Europeans neighbors. When they first came to US most of the migrants had a very hard life. Arriving in a new country, the Italian migrants mostly had very little money and had no idea of their new place apart from US being the land of opportunity. The lack of resources and contacts in the new country prompted many of these immigrants to settle down in the place the first set down. These immigrants came from various parts of Italy they were scattered all around the US. This paper will look at the common menu of those Italian migrants and look at how it has involved in the community that is now known as the Italian-American. This essay will mainly try to address the significant issues of the process of ethnic identity. This paper will argue that the role of family is very important in advocating ethnic identity. The influence of a very rigid and traditional family institution helped the Italian immigrants whom in the end were known as Italian American to maintain their identity. This is fascinating because despite undergoing changes from generations to generations their tradition is still very much alive and important to them. The paper will further argue this point by looking, the transmission of ethnic consciousness amongst the Italian American. Last but not least we will look at the maintenance of ethnic group boundaries and most importantly, the role of food in such process...
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...Introduction Italian immigrants migrated into the US together with many of their Europeans neighbors. When they first came to US most of the migrants had a very hard life. Arriving in a new country, the Italian migrants mostly had very little money and had no idea of their new place apart from US being the land of opportunity. The lack of resources and contacts in the new country prompted many of these immigrants to settle down in the place the first set down. These immigrants came from various parts of Italy they were scattered all around the US. This paper will look at the common menu of those Italian migrants and look at how it has involved in the community that is now known as the Italian-American. This essay will mainly try to address the significant issues of the process of ethnic identity. This paper will argue that the role of family is very important in advocating ethnic identity. The influence of a very rigid and traditional family institution helped the Italian immigrants whom in the end were known as Italian American to maintain their identity. This is fascinating because despite undergoing changes from generations to generations their tradition is still very much alive and important to them. The paper will further argue this point by looking, the transmission of ethnic consciousness amongst the Italian American. Last but not least we will look at the maintenance of ethnic group boundaries and most importantly, the role of food in such process. Overall...
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...HOW SUCCESSFUL WAS MUSSOLINI IN CREATING A DICTATORSHIP IN ITALY BETWEEN 1922-40. When Mussolini became prime minister, in October 1922, he was not faced with a trouble-free position because he had to tackle the same problems that confronted the liberal Italian state throughout its existence. In terms of his domestic policies, it could be argued that Mussolini was more successful than his predecessors including Giolitti. However, historians cannot argue that even with his direct and ruthless political methods, he put an end to the divisions in Italian society that had if anything stunted Italy’s prosperity as a country and in this period Mussolini seemed to be the answer to all their problems. Mussolini’s route to creating his personal dictatorship was all based on his ability for the acquisition and advertisement of power. The most important factors which stood in Mussolini’s way; such as parliament, opposition parties and the monarchy itself were effectively eliminated as real forces in Italian politics. A key reason for Mussolini’s dictatorship was the introduction of the Acerbo Law in 1923 which main principle was which ever electoral bloc received the majority of votes would gain 2/3 of the seats in the chamber and the remaining 1/3 would be allocated to the other opposition parties. Mussolini used this law to his advantage as he knew fascist could not have carried through Acerbo’s policy but for electoral purposes the fascists formed an electoral bloc with leading...
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...Restaurant Strategic Plan Executive Summary The following pages focus on proving a strategic plan for The Great Italian Food Company. The paper starts with the presentation of the company’s mission and vision. This explanation is intended to introduce readers in the environment of this company. The values of the company are also presented. It is important to identify these values in order to determine the strategic options that the company should address. The paper continues with the Environmental Analysis. This section describes the microenvironment and the macro environment, with the most important components. The internal and external environments are also address. In this case the most important components of the company’s environment are represented by the economic, social, and technological environment, but also the company’s customers, employees, managers, suppliers, owners, the government, and the community. These factors, their importance and characteristics are also addressed. The SWOT Analysis is another important section of the strategic plan. Its importance relies on the identification and discussion of the company’s strengths, weaknesses, but also of the opportunities and threats that the company must take into consideration. The Five Forces Analysis helps understand the industry in which this company develops its activity. Therefore, readers can learn about the competition, power of buyers, power of suppliers, threat of substitutes...
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...The Renaissance was the period from 1350-1600. The Renaissance began first in the city-states of Italy for many reasons. Although most of Europe had become a big economic crisis during the late Middle Ages, Italy managed to avoid everything and their towns remained important centers of Mediterranean trade and boost their production of textiles and luxury goods. Town life was bigger in Italy than in other parts of Europe. Therefore, most Italians could easily discard feudalism and other medieval institutions. Because Italy was wealthy and successful, they became independent city-states, each of which included a walled urban center and the surrounding countryside. The Italian city-states started a new social order. It was that wealth and ability mattered more than aristocratic titles and ownership of land. Wealthy merchants and bankers replaced the nobles in the upper class. Shopkeepers and artisans ranked below the wealthy merchants, forming a moderately prosperous middle class that employed a lot of poor workers. Most of these workers came from the countryside. And at the very bottom of the social ladder, were the peasants who worked on the country estates for the wealthy classes. During the Renaissance, Italy was not under one government, but was divided into the city-states. Each of these were ruled by wealthy families whose fortunes came from commercial trading or banking. A lot of times, workers rebelled against the upper classes. Their demands for equal rights and...
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...Italian Fascism vs. German Nazism By Christina Dixon HIS306: Twentieth-Century Europe (BPI1434A) Instructor: Max Fassnacht May 4, 2015 Fascism and Nazism came during a time when there was an economic crisis that was sweeping through Europe. Fascism and Nazism was two familiar totalitarian regimes that was able to arise from Germany and Italy. In Germany, the National socialist party was conducted by Adolf Hitler, while Benito Mussolini conducted the fascist party in Italy. Italy and Germany’s future was based on the education in the schools, since education played an important role between these two nations. The people’s image of Benito Mussolini and Adolf Hitler as two leaders was profoundly the important factors to their popularity. The most essential tool that was allowed in both countries and played a very important role in both political parties was propaganda, which gave both parties the ability to influence the perspectives of the people to their partiality. Italy and Germany are two natural allies, but however they are both different from each other and can be connected in many salutations. “Largo ai Giovani”, Italian for "make way for the young" (Clayton, 2009) was just one of the mottos that was used by Benito Mussolini’s regime. Mussolini’s saying highlights one of the most important aspects during the Fascist Italy and Nazi Germany’s education system. The education system in both countries was not just used for learning but also was the...
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...would not change my decision. I left the southern region of Italy because of the agricultural crisis. The price of grain was next to nothing and my family could not survive (Molnar, 2010). I boarded the first steamer I could get. I had to work my way on the ship because I could not afford passage. The meals were pitiful, but served the body well enough. It usually consisted of a meat, prepared in a soup or stew to extend its use as far as humanly possible, and boiled potatoes (Washington, 1911). The meats varied somewhat, usually herring or canned fish, but occasionally beef (Washington, 1911). The sleeping accommodations were not for the modest. They were large rooms, able to fit about 300 or so persons (Washington, 1911). The berths were stacked in two tiers, allowing for just over two feet and half feet of space above each berth (Washington, 1911). When I arrived, I came through what the native citizenry call Ellis Island. At first arrival, the Statue of Liberty comes into view. It was somewhat daunting because of its size, but it also gave me hope that one day I might see my family again. It took quite some time to actually disembark the streamer upon which I arrived. There were so many others like myself, trying to find a way out of whatever their previous situation had been! We divided into two lines with men in one line and women and children in the other (Italian American, 2014). I am certainly glad I traveled alone. I might never have found my family....
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...Feasibility Study Milan Project Group 09 Lauran Beers Tim Denissen Joey Gillissen Carolin Quast Justine Roche Bryan Thijssen Avans School of International Studies 10th June, 2011 ------------------------------------------------- Executive Summary Oil & Vinegar is a chain of culinary gift shops that was founded in 1999 by Dutch entrepreneurs John Blogg and Femke Stevens. The concept has been praised for its unique retail formula and exclusive positioning. The brand has, since its establishment, expanded with 84 retail stores spread over twelve different countries using a master franchise business model. “Oil & Vinegar”, which is the actual and only brand of the company, offers a wide variety of products. All of them fall under one of the following categories: appetizers, herbs and spices, salads and dressings, oil and vinegar, pasta products, sweet food, biological products and gift sets. (ASIS-IBMS, General information O&V, 2011) The reason for writing this report is to research whether Oil & Vinegar is able to expand to Milan, Italy. Oil & Vinegar operates on the business-to-consumer food retail market where they are categorized as food specialists. The research will show whether the market is attractive or not. This report contains information about the four separate parts of feasibility, which are market-, product-, organizational-, and financial feasibility. From all parts together, a conclusion will be drawn...
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...recent trip to Moscow at the last minute, making the US partner look bad, but the Italian partner had made several requests for information which none of Melissa’s colleagues had fulfilled. She learned all of this information upon making phone contact with their office to confirm her travel plans. After that initial phone call, Melissa was not looking forward to the trip. She felt that her company had not upheld basic business standards, and adding a language barrier to the equation did not make things any smoother. She was very hesitant to make the trip and felt very guarded. She knew her Italian counterparts were frustrated and she could relate to their feelings. However, she also had a job to do – get more work out of them. If things did not get cleared up quickly, they could potentially loose the partnership. Melissa dreaded having to be the one to deliver that piece of news. Once in Venice and face-to-face with the partners, Melissa quickly realized their source of frustration. From their perspective, the US partner had not upheld their end of the business deal by providing some basic product information. Melissa had that information with her and easily provided the files. She was able to answer all their questions and explain the business process in the US during the first meeting. The second day of business meetings was even more productive. Melissa noted a change in her Italian counterparts’ disposition when she entered the office that second morning. They...
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...of my favorite restaurants to dine in. It offers a variety of Italian entrees to choose from and the service is excellent. Carrabba’s is usually my first pick of dining because I love Italian food. During my visit at Carrabba’s, I evaluated my experience and as of no surprise, I was well- satisfied with the warm atmosphere, large portion food, and excellent service. One of the great things about Carrabba’s is the overall atmosphere. Once I started walking toward Carrabba’s, I noticed the stone walls, which gives it a little feeling as if I was in Italy. Also, I noticed that they were plants and trees on the roof of Carrabba’s. I thought it was unique because it is something I don’t see very often. As I walked in I can hear the Italian music playing, which added on to the Italy feeling. The restaurant was loud because of all the conversations being carried throughout the restaurant. But I was still able to hear the music playing and have a conversation with my boyfriend. It also made me comfortable because when I have dinner at home, my family is always loud. Overall, I thought the restaurant was maintained clean and had a great layout. Carrabba’s offers a variety of Italian entrees, in large portions. The menu contains entrees, such as lobster ravioli or chicken parmesan. They offer a wide range of stuffed pasta, spaghettis, seafood, and pizza. Upon arrival, I was served warm bread with their signature Italian spices mixed with olive oil. I started off with an appetizer called...
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...huge influence on what people eat and the way they eat it. As a fourth generation Italian-American, my ethnic background has greatly influenced my view of food. While daily food choices still show a small persuasion of the Italian culture, it is the holiday season when the true influence is evident. While food is important aspect of any culture, I feel that this is truer of the Italian ethnicity, as it is commonly stereotyped. My great grandparents emigrated from different regions of Italy, primarily Sicily and Naples. Their families found each other in and around East Haven, Connecticut, the fourth most Italian-American community in the United States. As did scores of immigrants, they upheld many of their cultural behaviors while adopting the norms of American society. Food was an integral part of the transition. While food was a great way to connect with people of your own culture and of other cultures as well, the cost of living for many people of the time prevented them from enjoying all of the luxuries that we are now able to afford. “As immigrants from different regions of Italy settled in different regions of the United States and became ‘Italian-Americans,’ they brought with them diverse traditions of foods and recipes that were particularly identified with their regional origins in Italy and yet infused with the characteristics of their new home locale in America.” While my Italian heritage is somewhat evident in my daily food choices, special occasions are a...
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...during the ‘Black Twenty Years’. The protagonist, Marcello, spies on his former professor while working for Benito Mussolini’s political police. He accepts the assignment because he is eager to build a so-called normal life. He always keeps silent about his conformity and the deep space utilized in the scene when he walks though the huge building to meet the Minister reflects the lack of individuality in fascist era. The diegetic sound of Marcello’s steps without verbal communication illustrates that he is a copycat and always chooses to be silent so to conform and to belong. These footsteps reveal that he just follows the path of society; for example, he wants nothing more than to conform to the upper-crust expectations, join the Italian Fascist movement and marry to a middle-class woman. Actually, the people surrounding Marcello are both conformists: Manganiello states that one should just follow orders; Italo’s blindness expresses the blind faith of Fascism to a high degree. People conform to the ‘normality’ of Italy society and live in their own world as reflected by the two people who walk on two sides of the oversized building without any physical and mental connection. Especially, the marble floor creates the only loud sound of the steps in the scene and its echoing is due to the large space of the Fascist building. The use of deep space in the magnificent government hall through which Marcello wanders minimizes the size of the individual. The cold and white wall...
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...ITALIAN RENAISSANCE ARTISTS: • Nicola Pisano (also called Niccolò Pisano, Nicola de Apulia or Nicola Pisanus; c. 1220/1225 – c. 1284) was an Italian sculptor whose work is noted for its classical Roman sculptural style. Pisano is sometimes considered to be the founder of modern sculpture. • Coppo di Marcovaldo (c. 1225 – c. 1276) was an Italian painter active in Tuscany. • Vitale da Bologna (fl 1330, d 1361), also known as Vitale di Almo de' Cavalli or Vitale degli Equi, was an Italian painter, of the Early Renaissance. He is a representant of the 14th century school of painting in Bologna, where he was most active and painted the polyptych in the church of San Salvatore and frescoes in Santa Maria dei Servi. He was also active in Pomposa and Udine. • Giovanni di Agostino (c. 1310 – c. 1370) was an Italian sculptor in Siena in a gothic art style. Most of his work was sculptural commissions of the newly built Gothic Siena Cathedral. He sculpted a monument to Bishop Guido Tarlati in 1330. He also rendered a relief entitledMadonna and Child with Saints Catherine and John the Baptist between 1340 and 1348. • Guariento (fl. 1355), sometimes incorrectly named Guerriero, was the first Paduan painter of distinction. The only date distinctly known in his career is 1355, when, having already acquired high renown in his native city, he was invited by the Venetian authorities to paint a Paradise, and some incidents of the war of Spoleto, in the great council-hall...
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...to spread internationally by the turn of the nineteenth century, especially in the United States alone. Currently, pizza is one of the world’s most favorite necessities, due to its different styles, mouth-watering dishes, and countless ingredients. Primarily, pizza is known for its different styles being produced in the United States, for example New-York style, Chicago-style, and Detroit-style. Inspired by the Mediterranean influence, each style of pizza contains herbs, spices, and cooking oils. New-York style pizzas are known for their thin, buttery crusts and are usually served folded. Pizza chains, Sbarro and Dominoes advertise and dominate the northern styles, because of Italian influence. When Italian immigrants came to New York, they spread their influence of pizza to the city; therefore Italian-Americans own pizza shops all over the city. Chicago is known for there deep dish style, a popular pizza with a thick crust, garlic butter, layers of meats, and mozzarella cheeses. Second, pizza can be made into several dishes. Different countries have made similar dishes of pizza, for example manakish, pitas, and calzones. Manakish is an Arabic dish served with ground meat, sesame seeds, and cheese and is served for breakfast or lunch. In homemade pizza dough, the crust is used to make other creations including, French bread pizza, pizza bagels, or tortilla pizzas. In Canada, garlic fingers are a popular dish cut into thin pizza strips without tomato sauce and tomatoes. Instead...
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