Thursday, December 01, 2005

'The Economist' survey of Italy

Levels 4 and 5: a good listening exercise for you:

An interview with the Editor of The Economist, John Peet.

Listen and see if you can understand what Mr Peet thinks is wrong with the Italian economy. Do you agree with him?

Read the survey as well.

And another thing (added 2 Dec 2005): check out the BBC web site for a piece on Italian neighbourhood shops and about Rome's disappearing shops and caf├ęs.

In both cases you can also listen - check the links in the right-hand column.

Don't forget to post a comment after reading and/or listening.



martina said...

Hi everybody!
I listened to interview just now.In Jhon Peet's opinion,we have too much problem to summarize all of that in a comment!Anyway,the biggests (is biggests correct?) are Structure problems,also because of high costs of industry (even if we would have more add value than other countries). Also, we have a wrong economic background, and it's not helpful,because we need deregulation, liberalization and more reform. We have another particular situation, because we have smaller farms than other European countries, and he said that this would be a problem in a globalization world, because small farm are more vulnerable.
In my opinion last words are terrible, beause he said we don't realize that we are in a deep crisis,and that's because for many people life continues to be good.
I think he's right, above all when he talks about our backround. We want to be a great country, but we are too much closed minded; also, the bosses are proctected by too much rules that don't let grow the market.
Do you think it's an half? good night!!

Mike said...

Hi Martina! Thanks very much indeed for your comment.

You asked for a correction: the biggests (is biggests correct?)

No, I am afraid that 'the biggests' is wrong. Adjectives don't 'agree' with the nouns to which they are connected. In other words, they stay the same irrespective of the gender or number (singular or plural) of the noun.

And here are two more corrections: too much closed minded should be too closed-minded; and too much rules should be too many rules.

I hope this helps!

Martina, did you listen as well as read? I hope you did both.

Has anyone else seen The Economist? Tell us your reactions.


fabio said...

hi all!
I've just listened to what mr. peet said about crisis in italy and what it must be done in order to improve italian economy. In fact, italy suffers from big structural problems: italy has a strong clothes industry and it's losing market share caused by china and other asian countries. italy has also high cost structures which aren't competitive as well. Another structural problem is caused by globalization: italy has more small farms as the other european countries and small farms are more vulnerable to globalization. Some problems are caused also by our politicians. They don't tend to liberalize economy increasing competition, they tend to create a monopoly regime.
Our political system give more power to small parties. This situation create a sense of instability in government.

In John Peet's opinion, italian government should do structural reforms such as increasing deregulation and liberalization of economy. It should fight against organized crime which is the principal problem in the south of italy.

John Peet thinks that italian people must have a sense of real crisis of economy. This "sense" should drive to make strong structural reforms..

This is only a short extract of John Peet's interview.

I hope it is in correct english

See you!

martina said...

Hi Micheal!
Thanks for your corrections.
I listened to the interview. After that took some note about the journalist's opinion. I listened again and after I read. But I was happy because I understood the main arguments before reading!
see u tomorrow, I hope to have time to listenewd to Sir Sean!

Michael said...

Here are just a few corrections for Fabio, who has written a very good comment:

I've just listened to what Mr. Peet said about the crisis in Italy and what [it] must be done in order to improve the italian economy. In fact, Italy suffers from big structural problems: Italy has a strong clothes industry but it's losing its market share owing to competition from China and other Asian countries.

Don't forget CAPITAL letters for names of countries!

I'll correct the rest another time.
Thanks once again, Fabio.