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The magnitude and persistence of the multidimensional crisis unleashed by covid-19 have had a notable pedagogical function in at least three aspects: first, revaluing the role of the State and, in the case of Spain and the other countries in the south of the eurozone, of community institutions; second, to reveal the great fragility of the neoliberal globalization and capitalism models prevailing in recent decades and the need to introduce significant changes in their regulation to prevent the crisis of these models from leading to gigantic economic destruction and social destabilization; and third, overcome the false dilemma between health and the economy by clarifying that there can be no economic recovery without guaranteeing public health and that strengthening the public health.
System is a necessary condition and an essential component of economic recovery. Thanks to the intensity of the macroeconomic policies put into action by all the governments of all the OECD countries, the response capacity of the health systems to the pandemic was reinforced, the collapse of economic activity in the second was Belgium Mobile Number List prevented. The quarter of 2020 turned into a great depression and a considerable part of the business fabric, jobs and incomes of households affected by the fall in economic activity were protected. In the absence of this important public financing effort, in the form of transfers, credits and discounts or tax moratoriums, the logic of the free market would have caused the disappearance of hundreds of thousands of companies and millions of jobs, a greater collapse of tax collection ( with the consequent negative impact on public goods and social protection) and a substantial impoverishment of households.
Directly affected by the loss of jobs and salaries. Without the public financing effort, which has resulted in an unknown level of global public debt (the current level of global public debt is similar to that existing at the end of the Second World War), the destruction of around a third of the productive capacity. And the crisis would have caused an unmanageable accumulation of health, economic, social and political difficulties. This year 2021 is the year of management. The European funds and the general objectives sought with this financing are given and have a priority destination: promoting the digital and green transition Last year, the public financial effort mobilized close to 20% of GDP in Spain to cushion the recession and its socioeconomic impacts. On the one hand, through the issuance of public debt that added another 110,000 million euros to the accumulated debt, a huge amount that would not have been possible without the support of the ECB, which has allowed a very reduced financial burden (the average rate of interest on the public debt was.
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发表于 2024-3-12 17:19:20
