This year Italy celebrates 150 years as a unified nation. The special report on Italy to be published in The Economist on June 11 will argue that the gloominess of many Italians about their country is not a reflection of some historical malaise, but of a failure to grow. The report highlights that the reasons for the country's economic underperformance these recent years include the fear of globalisation, a political system that lurches from crisis to crisis, an adverse demography, some troubled institutions and a deep-seated preference for corporatism over competition. Together, these factors have created a modern nation that feels pessimistic about itself and its chances of success. The report is mainly dedicated to those who wish to invest in Europe or do business with Italian companies.

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