At the beginning of march, the OECD, the bottom of the global growth of 2.9% to 2.4%, on the basis of the virusutbrottet in China. At the same time, noted the minister of finance, Magdalena Andersson (S) that the american economy will only grow by 0.3 percent in 2020, compared with a forecast of 1.1 per cent, which was at the beginning of the year.
So, here's a couple of weeks later, it's all about önskesiffror. The day-to-day, it becomes more obvious how devastating the effects on the real economy of the coronapandemin, and the extensive quarantine procedures put in place to curb it.
China's economic data for the first two months of the year. Analysts were expecting friserade figures, the growth rate has dropped from a 6 to about a 2 per cent, during the time the factories were closed, and the shops and restaurants were emptied of people. Instead, the statistics show that the gdp will shrink by 13 per cent.
Emmanuel Saez and Gabriel Zucman, heavy-duty, who are professors at berkeley university, estimates that the u.s. economy could fall 7.5 percent this year on the quarantine procedures, which cuts off the consumption and production in the range of more than three months. That is, in this case, a larger case, other than during the financial crisis.
In Sweden, reports on the employment of major redundancies, since just 2008. The hotel and restaurant sector is the worst affected.
it is inevitable. The strong fiscal measures in order that to be the abysmal and long-lasting. Magdalena Andersson's response to the crisis so far has been fire, something that can best be described as a tvåstegsraket.
in The first effort, which was announced last week, was to a large extent on financial measures to support the fight against the spread of infection. Qualifying day was put off, so that no-one is småkrasslig to go to work for financial reasons. The regions and the municipalities were given additional funds.
It will require a proper and stimulating demand. To take the virus off of a large number of percentage points of the gdp, the state must push back from most of them.
The second batch was delivered on Monday. The state of the sjuklöneansvaret by the employer for the first two weeks, as well as half of the cost of korttidspermitteringar. The ability to defer income taxes and social security contributions.
the acting is both more powerful and faster than what has been done in many other countries. In particular, for large companies and for permanent employment, it is of significant help. Nonetheless, it is going to take a lot more.
To a certain extent, it's all about adjustments – e.g., deferred taxes are provided for the business of an annual interest rate of 6 to 7 per cent, which will have to be cut properly. There is also a need for more small businesses and people who work in precarious forms of employment.
this is What happens, for example, with its cafes, bars, and hair salons, which is likely to be, more or less, but the clients, over a number of months, but will still have to pay the rent? Or, on the part of those who work in the so-called " gig economy?
and to be proper and stimulating demand. To take the virus off of a large number of percentage points of the gdp, the state must push back from most of them.
Magdalena Andersson, pointed out on Monday that such a thing is not so much useful as it is not the lack of money that prevents people from consuming. This analysis is true only to a certain extent. They are the home of sick or korttidspermittering are actually losing a portion of their income. Börsraset the number of households to cut spending.
It is true that some effort should be saved until the virus is under control and people can spend it again. But as of now, it will be necessary to slow down the fall, and that the recession will be as short as possible.<