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Christian Saint-Étienne: "The price of late deconfinement"

2020-06-17T21:33:21.125Z


FIGAROVOX / TRIBUNE - According to international organizations, we are going to experience an economic crisis half more serious than that of Germany, argues the professor holding the chair of economics at the National Conservatory of Arts and Crafts.


France awaits an economic rebound after the Covid-19 crisis, as we expect a miracle. But without changing course, and even with a return to "normal" economic activity, the country will continue to drift.

We cannot understand what lies ahead without a containment analysis. Not only did the state, which has the highest level of public spending in developed countries, have no masks and tests to trace the epidemic, but it carried out containment on March 17 in panic mode without a stated strategy actually implemented. Massive orders for masks do not take place until after containment and the strategy to trace, mask and isolate is not really implemented until mid-April. In mid-May, the right approach is finally taken to identify the outbreaks and treat them immediately. This inability of the government and the state apparatus to learn from countries that succeed in controlling the epidemic without containment, such as South Korea, Taiwan or Singapore

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Source: lefigaro

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