Economics in intensive care
The economy is one of the issues of greatest global concern today, due to the circumstance known to all due to the health emergency that the planet is experiencing, but not only is covid-19 responsible for these consequences, there are others that have been affecting it for a long time in Latin American countries.
Doing a brief analysis about it we find an economic recession, consequences of the erroneous and / or petty policies in the economic field implemented for decades in most of these countries.
Now, we observe in a very worrying way aspects such as: the significant drop in GDP and the increase in inflation, as a result of the uncontrolled drop in demand for goods and services, as well as in parallel the decrease in tax collection vs. the increase of public spending, all this is only the tip of the iceberg, since also today there is a decrease of around 70% in the payment of public services and taxes, with a cut in the payment chain, credit insolvency and financial, among others.
On the other hand, in the urgent search for an economic miracle, we begin to apply measures that distantly serve as a palliative to these consequences, finding ourselves with no subsidies that effectively and assertively reach small and medium merchants, in countries like Argentina were implemented a package of measures in this regard that are still being questioned by this sector.
Doing a brief analysis about it we find an economic recession, consequences of the erroneous and / or petty policies in the economic field implemented for decades in most of these countries.
Now, we observe in a very worrying way aspects such as: the significant drop in GDP and the increase in inflation, as a result of the uncontrolled drop in demand for goods and services, as well as in parallel the decrease in tax collection vs. the increase of public spending, all this is only the tip of the iceberg, since also today there is a decrease of around 70% in the payment of public services and taxes, with a cut in the payment chain, credit insolvency and financial, among others.
On the other hand, in the urgent search for an economic miracle, we begin to apply measures that distantly serve as a palliative to these consequences, finding ourselves with no subsidies that effectively and assertively reach small and medium merchants, in countries like Argentina were implemented a package of measures in this regard that are still being questioned by this sector.
Certainly the situation of each country is particular and analyzing it in depth, the one related to each one of them, could be an extensive work and I will surely do it in the near future.
However, the importance of aspects such as the default in some Latin American countries and the increase in the unemployment rate due to the closure of companies, due to the impossibility of paying branch salaries such as tourism, clothing, should be highlighted. , footwear and recreation, among others, this is just one of the many consequences that shows that these economies are in big trouble.
Now what should be done to minimize these consequences? Could it be that the situation that most of the Latin American countries already brought was out of control with the trigger of the global pandemic?
In particular, these two questions that must urgently be answered by all the countries that today are experiencing the beginning of an uncontrolled and dangerous economic recession, which really means a very uphill recovery for most of them.
However, the importance of aspects such as the default in some Latin American countries and the increase in the unemployment rate due to the closure of companies, due to the impossibility of paying branch salaries such as tourism, clothing, should be highlighted. , footwear and recreation, among others, this is just one of the many consequences that shows that these economies are in big trouble.
Now what should be done to minimize these consequences? Could it be that the situation that most of the Latin American countries already brought was out of control with the trigger of the global pandemic?
In particular, these two questions that must urgently be answered by all the countries that today are experiencing the beginning of an uncontrolled and dangerous economic recession, which really means a very uphill recovery for most of them.
Finally, I am sure that the man will get out of this situation as he has done on other occasions.
This post was originally created in #peakd and will cross-post in #steemit.
Thanks for reading and commenting.
This post was originally created in #peakd and will cross-post in #steemit.
Thanks for reading and commenting.
I found (69%Unique) in this content.
I found (31%Plagiarism) in this content.
A copy from MY SADDLESORE RIDE 1600K (IBA) - TheLifeOfRider https://thelifeofrider.blogspot.com/2018/03/my-saddlesore-ride-1600k-iba.html
I hope you consider your comment, since it does not correspond to my work, in fact I wonder what the link you put in this comment has to do with my publication?
I believe that @janettyanez didn't commit plagiarism and I'm also not sure what this link has to do with her publication.
Yours, @crypto.piotr
Thank you @ ph-fund for your time and unconditional support, as well as I appreciate your help to clarify this situation. Greetings @janettyanez
We will definitely scale through this but I am bothered about the things that will happen when the virus is over.
In most crisis, developing countries are suffering much more than developed ones. They have fewer reserves, less economic power to help.
You are using very long sentences, like many Spanish-speaking people. Hemingway can help you. (Not the writer, the app. 😃)
http://www.hemingwayapp.com
(and Grammarly or https://punctuationcheck.com/ )