Economy of Calabria
There is not much to say about the economy of Calabria as for many years the region is neglected by the successive governments of Italy. Even the past history left lot of wounds in the minds of the Calabrian people who migrated to other locations across the world in search of greener pastures. The future of economy in the region is bright with the recent developments.
The growth of real estate industry across the world and in Italy also did not change much of the economy. Only when the real estate market reached the saturation point in the other prosperous regions in Italy, the investors in their quest for cheaper prices and alternate property for development looked at Calabria.
Change from the past
This resulted in the sea change in the economy of Calabria overnight with the entire world taken aback by the beauty and the potential it offered for development. Even the Italian government started developing Calabria with an eye on foreign investments. Even the entry of Italy into the common markets of Europe opened the doors for the growth of economy and thus overall development of the region. Most of the growth is witnessed in tourism with other traditional markets like crafts, agriculture and fish left behind.
Tags: calabria
