December 4, 2020

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Why a strict lockdown is actually better for the economy …

Why a strict lockdown is actually better for the economy ...

It sounds like a contradiction in terms, but a strong and strict lockdown is better for the economy than a half-hearted approach to the virus trying to keep the economy open. “Unfortunately, Belgium is an example of this,” says Gert Peersman, Professor of Economics at Ghent University. “In the first wave, we were at the top of the number of deaths, but also the list of the economies hardest hit. The reason: We weren’t strict or firm enough. ”

In the meantime, several studies have already been carried out. The gross domestic product (GDP) figures per country were compared with the mortality figures. Often it turned out that the countries with the …