What happens when Italy begins to include drugs, prostitution and other criminal activity in its GDP? – They get a large bill from the European Union!
Professor Douglas McWilliams offers a short history of the seedier side of Italian economics.
This short has been taken from a Gresham College lecture:
http://www.gresham.ac.uk/lectures-and-events/can-the-euro-survive-globalisation
Douglas McWilliams is the Mercers’ School Memorial Professor of Commerce and the Chief Executive of CEBR.
largest gdp in the world? lol
Yes very nice cc and interesting…thanks