Italy is a parliamentary republic.
Italy ( Italia [ iˈtaːlja ] ) , officially the Italian Republic ( [ Repubblica italiana , links = no ] ) , is a unitary parliamentary republic in Europe.The Italian peninsula is geographically located in Southern Europe , while North Italy can be placed partly or totally in Central Europe . Following the liberation of Italy and the rise of the resistance , the country abolished the monarchy , reinstated democracy , enjoyed a prolonged economic boom and , despite periods of sociopolitical turmoil ( e.g. Anni di piombo , Mani pulite , the Second Mafia War , the Maxi Trial and subsequent assassinations of anti-mafia officials ) , became a major developed country .