Prostitution And Drug Sales To Boost Italy’s Economy
Italy boosts its economy by including illegal drug sales and prostitution in its GDP. 6 Shares. image description Tony Cuddihy.... Italy will include prostitution and illegal drug sales in the gross ... a boost for its chronically stagnant economy and Prime Minister Matteo Renzi's.... The drug trade, prostitution and smuggling are to be added to Italy's GDP calculations ... to a 2012 estimate by Italy's central bank, the country's criminal economy is worth about ... But it could boost Italians' morale nonetheless.. Italy will include prostitution and illegal drug sales in the gross ... a boost for its chronically stagnant economy and Prime Minister Matteo Renzi's.... Italy's inclusion of black market activity such as prostitution in GDP will boost economy. ... from prostitution to illegal drug sales to smuggling and arms trafficking. ... it wants to (and the European Union needs it to) improve its appearance. A larger overall economy will enable Italy to lower its debt-to-GDP ratio.... Drug trafficking, prostitution revenue set to boost Italy's GDP result ... The Bank of Italy in 2012 estimated the value of the criminal economy at.... Inclusion of black market in GDP figures will boost Italian economy by around 1.3 per cent.. The Italian government will include revenue from drug traffic, prostitution ... its gross domestic product (GDP) in a bid to boost its shaky economy.. Spain is soon to start including estimated revenues from drug ... a move expected to boost economic results, officials said on Thursday. ... Apartment rentals Property sales Noticeboard Advertise with us ... Germany Italy Norway ... as diverse as people smuggling, contraband cigarettes and prostitution.. Prostitutes and drug dealers are set to give Britain a 10bn boost as the country revamps the way it measures its economy. ... Last week, Italy's statistical office said it would start to include, among other activities, the ... It also.... "The inclusion of illegal drugs and prostitution is likely to increase the level of ... to correct Italian GDP data with the impact of grey economy, withholding of taxes ... improve a nation's debt-to-GDP levels unless the government's revenue also...
Italy will include prostitution and illegal drug sales in the gross ... a boost for its chronically stagnant economy and Prime Minister Matteo Renzi's.... Italy's statistics agency on Thursday said estimated revenues from drug trafficking and the sex trade will be used to calculate gross domestic product (GDP) starting next year in a move expected to boost its economic results. The Istat agency said the calculation would also .... EU: Countries to Begin Counting Drugs, Prostitution in Economic Growth ... meaning that black market dealings including prostitution, drug sales, and ... including Italy and the United Kingdom (UK), already include some ... The policy change may also serve as a quick boost to some EU countries' GDPs.. Drugs and Prostitutes Are a Surprisingly Large Chunk of Italy's Economy ... alcohol and cigarette saleswhen calculating the size of their economies. ... Italy seemed to get the biggest boost, with its economy growing by a full.... Faced with a weak economy and a need to improve Italy's debt ratio, Prime ... Renzi's government will include illegal drug sales and prostitution.... Plenty of money is spent on illegal drugs and prostitution. ... The British government is now including prostitution and narcotics sales in its official ... Overall, illegal activities are still a small part of the U.K. economy -- a mere ... this site to improve and analyze its functionality and to tailor products, services,.... In order to boost output, revenue from drug trafficking, prostitution and ... economy, Italian Prime Minister Matteo Renzi has announced drug.... Italy's increase thanks to drugs and prostitution was five times the ... production and sale of illegal drugs and the 'provision of prostitution services'. ... How counting drugs and prostitution in its GDP boosted Italy's economy.. Change in methodology could boost the country's finances by 2% ... include revenues from prostitution and illegal drug sales to its gross domestic product ... Last week, official figures showed the Italian economy unexpectedly...
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