Borghi: question on the damage caused by the lockdown, and Minister Franco’s answer

27 May 20213 years ago babelfish

How much of GDP have we lost due to the Lockdown? This is the simple, almost banal question made by the deputy Claudio Borghi to the Minister of Economy Daniele Franco, after his predecessor Gualtieri blatantly mistaken the estimates on closures by speaking of tenths of GDP in March 2020.

Daniele Franco's data are frightening. Lockdown losses are as follows:

fourth quarter 202: 6.6%

first quarter 2021: 8.9%

second quarter 2021 5.9%

third quarter 2021 1.7%

This evaluation takes into account the values that have been invested to alleviate the damage, so they could have been even worse. Obviously Franco then tries to "Parare" by saying that, without the lockdowns, the economic damage could be greater, but in any case we are at the level of hypotheses,

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The Borghi article : question on the damage caused by the lockdown, and Minister Franco's answer comes from ScenariEconomici.it .

This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/borghi-interrogazione-sui-danni-del-lockdown-e-risposta-del-ministro-franco/ on Thu, 27 May 2021 10:39:59 +0000.