Vladimir Gonzalez

Some of the largest and most innovative banks in the whole world are found in the US. Banks in the US are watching one another, the rest of the banks in the world always seeking what to do next.

Through the introduction of the banking industry, all transactions and financial services have been completely revolutionized over the years.

The FMCG industry, or alternatively named CPG, abbreviation for Consumer Packaged Goods, deals mainly with the production, distribution as well as marketing of packaged goods for all consumers.

The automotive industry, one of the most important industries in the world, has left its mark not only on the economy but also on the world cultures. The automotive industry is involved in the design, development, manufacture, marketing, and sale of motor vehicles.

One of the top products in the manufacturing sector of the world is steel and the recycled material. Asian countries dominate the production of steel worldwide, with India being one of the fastest growing steel industries, also coming to be considered as potential global steel hub, internationally. Especially after adopting the liberalization policies in the whole world, the steel industry witnessed a tremendous growth and modernization.

The textile industry witnessed a unique development that started in Britain, since the spinning and weaving machines have been invented here. In recent years, all over the world, there has been high production of wool, cotton and silk and this only contributed to boosting the world economy.

Information technology refers to "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." It has to do with electronic computers and their use, as well as computer software to convert, store, protect, process, and transmit.

Foreign direct investment is defined as a company from one country, which makes a physical investment into constructing a factory in another one. The company can also make investments to acquire lasting interest in enterprises that operate outside the economy it invested in. The link with the FDI is made of a parent enterprise and a foreign affiliate, forming together a corporation, known as multinational.

Today "Economics" is traditionally defined as "The science of how people make choices for the allocation of scarce resources to satisfy their unlimited desires." The distribution of wealth is given little but no attention today, by modern economics, though a major concern, which should be given more focus. Political economy does this, and it is the science which deals with the nature of economic value as well as the production and distribution of valuable goods and services.

After once being the dominant political, military and economic power in the world, the post war era of rapid industrialization left its mark on the Italian economy, which, today goes under the name of the ‘Sick Man of Europe’. In 2007, Italy had a population of 58 million and a GDP (PPP) of almost $1.8 trillion. Italy is the tenth largest economy, in terms of purchasing power parity, and the seventh largest in terms of nominal GDP. At the end of World War II, Italy found itself