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MAKING A VIRTUE OUT OF NECESSITY

MARCH 2021   -  Volume: 96 -  Pages: 117

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Article type:
EDITORIAL
Section:
OUR STUFF

The economic situation that will remain after the current health crisis will be devastating. This is corroborated by various national and international organizations. This is undeniable.
From the analysis of the evolution of the GDP in countries of our economic environment, and the effect of the COVID-19 pandemic on it, we find values in the order of -4% in economies such as the Netherlands or Germany, being around -9% in Spain, only surpassed in the EU by Greece, close to -12%, and by the United Kingdom, which moves around -9.6%.
This situation, a product of our economic structure, should not surprise us since there is a great dependence on sectors that have collapsed, with tourism as a paradigmatic example.

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