This week's issue of The Economist (June 11-17 2011) includes a lengthy special report on Italy's economic, political and social situation - everything from unemployment and weak economic growth to nepotism and the brain drain. Some of these articles are available online.
Most of these topics have been covered, to one degree or another, in the Best of Sicily Magazine. In fact, they sum up the reasons why many intelligent Italians leave Italy. Despite the report's (zealous) focus on the current prime minister, most of these problems existed long before he entered the scene. The point is that his government(s) really hasn't done enough to address these problems.
The insightful report is highly recommended for anybody interested in Italian economic or social affairs.