Thursday, June 16, 2016
Ceramica Faetano 9.5.2012
San Marino is governed by the Constitution of San Marino (Leges Statutae Republicae Sancti Marini), a series of six books written in Latin in the late 16th century, that dictate the country’s political system, among other matters. The country is considered to have the earliest written governing documents (constitution) still in effect.
The country's economy mainly relies on finance, industry, services and tourism. Despite having an extremely small economy for a nation state, it is one of the wealthiest countries in the world in terms of GDP (per capita), with a figure comparable to the most developed European regions. San Marino is considered to have a highly stable economy, with one of the lowest unemployment rates in Europe, no national debt and a budget surplus. It is the only country with more vehicles than people.
San Marino's per capita GDP of US$55,449 and standard of living are comparable to that of Denmark. Key industries include banking, electronics, and ceramics. The main agricultural products are wine and cheese.
San Marino's postage stamps, which are valid for mail posted in the country, are mostly sold to philatelists and are an important source of income.
Specialized in the manufacture of ceramic tiles for flooring and walls, Ceramica Faetano (shown on the stamp) has consistently applied the most advanced technologies compatible with this use.