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Title Foreign Correspondent: Made In Italy
Published Australia : ABC, 2013
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Informit EduTV    View Resource Record  


Description 1 streaming video file (27 min. 48 sec.) ; 168477782 bytes
Summary Italy is famous for its style and world class art, music, food and fashion. So how come the country that brings us Ferraris and Ferragamo hits a sour note when it comes to political and economic leadership? Emma Alberici investigates the paradox of the modern Italian state - a country where one in five workers is still employed in the manufacturing sector yet has a crippling two trillion dollar debt. "A lot of our leaders look like they arrived yesterday from the moon. Instead, they've been for 20 years in the crucial position." - Luca Di Montezemolo, Chairman of FerrariLuca di Montezemolo is deeply frustrated. As the Chairman of Ferrari, he's responsible for one of the car world's most desirable products. Last year Ferrari enjoyed its best year on record. The brand is stronger than ever. But brand Italy is being tarnished by poor political leadership. Montezemolo and other say it is time their country took a new direction.One thing's for sure - the Ferrari Chairman is not a fan of fellow businessman and former Prime Minister of Italy, Silvio Berlusconi - who - incredibly, is putting his hat in the ring for yet another term as leader, in elections due to be held next weekend.In an interview for Foreign Correspondent, Montezemolo tells Emma Alberici: "Berlusconi has been a big delusion ... he announced the liberal revolution and unfortunately he didn't do it. He was in the position to be the leader of a very strong majority and he didn't do the crucial reforms." In a journey that takes her from Ferraris and fashion houses of Milan to the parmesan cheese factories that generate two and a half billion dollars annually, Alberici meets entrepreneurs, small business owners, and political leaders, including the current Prime Minister Mario Monti, and the man many are tipping will lead Italy after next week, Pier Luigi Bersani.A former communist, Bersani tells Alberici his top priority will be to repeal laws that have allowed Mr Berlusconi to avoid prison, despite having more than 100 cases brought against him.Berlusconi's chances are improving in the polls and it's expected his party will control the Senate. Meanwhile the man Europeans call "Super Mario" because he pulled Italy back from the brink of economic collapse looks set to be thrown out by Italian voters.Mario Monti tells Alberici: "We brought back respect for Italy in the world" and restored the "Made in Italy" brand. That's unlikely to cut it with voters, who are upset about new taxes introduced by the Monti government
Event Broadcast 2013-02-19 at 20:00:00
Notes Classification: NC
Subject Debts, Public.
Economic development.
Entrepreneurship -- Economic aspects.
Manufacturing industries.
Political leadership.
Form Streaming video
Author Alberici, Emma, host
Bersani, Pierluigi, contributor
Giletti, Massimo, contributor
Grillo, Beppe, contributor
Montezemolo, Luca Di, contributor
Monti, Mario, contributor
Severgnini, Beppe, contributor
Zegna, Anna, contributor