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Topic: Economy over health - page 3. (Read 383 times)

hero member
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August 25, 2020, 06:09:16 PM
#9
Another thing to note is how important a role they (Costa Rica) are playing in trying to revive their economy, do you think other nations will also follow suit and take risky measures like this one to generate funds needed for the fast recovery of the economy. Some people, in my country for example have been calling for fresh total lockdowns to be imposed as the only option to defeat the virus completely, I don't think any government can take that step again, what do you think?

Im not really against into these kind of decisions yet we know that no country would be able to sustain for long if they would just simply sit and do make some lockdown for too long.

Just like here on my place or country where services had already been opened up but of course they do follow strict health protocols to avoid severe widespread of the virus.

Government are pretty much aware that they can be sued out in case the situation comes worst and such decision doesnt only solely imply that they do only care for revenues and not into its
citizens health but to imagine on what would happen if the certain economy drops so bad?
hero member
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August 25, 2020, 05:43:05 PM
#8
Hunger is already a problem since the world has began, yet we cannot solve it.

You can't solve that fully but at least you can minimize the problem by giving people a job for them to buy their basic needs particularly food.
Besides this world is not perfect, there are still people who are unfortunate but at least majority will have  a good life.

There will be hungry people with or without the pandemic.
Now tell me if help for food can easily come.

Your explanation is weird, you seem to be saying the similar.

~ There should be no law since crime is still committed, or we should not live because we will still die.  Cry

full member
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August 25, 2020, 05:37:25 PM
#7
It is impossible to stop the spreading virus, if they closed borders in the Jan itself then it could be a right decision but closing the borders doesn't make sense when they need funds to help their revival of economy which is more important that health to be honest in the view of government.So if people don't want to lose their lives then they have to stop doing such activities.

On the contrary , I heard health is wealth. I think that should me you don't trade your health for wealth. If Costa rica or any other country expose their citizens health because of money to revive the economy, I don't think is a very wise decision.
The pandemic recovery is not getting any better at all, if they don't any thing right now it will be the problem in the long run along with the pandemic. you can't just reason out that Health is Wealth, of course anyone wants to be healthy but the thing is the world is struggling in every aspect, economically, medical, etc. And don't think that tourists will be just that dumb to not do a social distance, who wants to be infected or to infect anyway?
What I see from Costa Rica is that they are opening a possibility of recovery for opening the tourism, they can't do things on their own after closing their borders.

Bad health can kill so much than hunger and with hunger, help for food can easily come.
Hunger is already a problem since the world has began, yet we cannot solve it. There will be hungry people with or without the pandemic.
Now tell me if help for food can easily come.
hero member
Activity: 2828
Merit: 666
August 25, 2020, 04:49:50 PM
#6
It is impossible to stop the spreading virus, if they closed borders in the Jan itself then it could be a right decision but closing the borders doesn't make sense when they need funds to help their revival of economy which is more important that health to be honest in the view of government.So if people don't want to lose their lives then they have to stop doing such activities.

On the contrary , I heard health is wealth. I think that should me you don't trade your health for wealth. If Costa rica or any other country expose their citizens health because of money to revive the economy, I don't think is a very wise decision. Bad health can kill so much than hunger and with hunger, help for food can easily come.

As if we never know how to do the right protocol to prevent from being infected.

Yes, they open the boarder for gain tourist because they needed this to recover from the damage cause by pandemic. If you look at other countries especially not the rich countries, they are opening their economy despite of the pandemic because no one can ascertain when this pandemic will be over but people have to live and they can't allow people to die in hunger and not all the time the government can give support to people who lose their job to feed their families.
sr. member
Activity: 2310
Merit: 332
August 25, 2020, 04:25:10 PM
#5
It is impossible to stop the spreading virus, if they closed borders in the Jan itself then it could be a right decision but closing the borders doesn't make sense when they need funds to help their revival of economy which is more important that health to be honest in the view of government.So if people don't want to lose their lives then they have to stop doing such activities.

On the contrary , I heard health is wealth. I think that should me you don't trade your health for wealth. If Costa rica or any other country expose their citizens health because of money to revive the economy, I don't think is a very wise decision. Bad health can kill so much than hunger and with hunger, help for food can easily come.
legendary
Activity: 1652
Merit: 1483
August 25, 2020, 02:45:43 PM
#4
Costa Rica gdp contributions from tourism look to be around a mere 2.6%. I think new Zealand stood at around 5% and the UK is about 10% so I don't think it's a lot for their economy to deal with.

these numbers say tourism represents 5.1% or 5.8% of GDP depending on how it's calculated, so it's nothing to sneeze at: https://en.wikipedia.org/wiki/Economy_of_Costa_Rica#Tourism

a 5%+ annualized GDP contraction would be brutal. that's hundreds of thousands of jobs evaporated, plus hundreds of thousands more that are indirectly supported by tourism.

the losses may also be disproportionately distributed, badly affecting tourist locales while leaving manufacturing and agricultural areas mostly unaffected. this could factor into the decision too.
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August 25, 2020, 02:41:47 PM
#3
It is impossible to stop the spreading virus, if they closed borders in the Jan itself then it could be a right decision but closing the borders doesn't make sense when they need funds to help their revival of economy which is more important that health to be honest in the view of government.So if people don't want to lose their lives then they have to stop doing such activities.
copper member
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August 25, 2020, 02:09:28 PM
#2
Costa Rica gdp contributions from tourism look to be around a mere 2.6%. I think new Zealand stood at around 5% and the UK is about 10% so I don't think it's a lot for their economy to deal with. But even that small percentage will likely be noticeable by them if they didn't do it and it might be one of their highest international investment sources too - or they're trying to grow tourism.

If you don't have a booming economy and you're running on a capitalist system then you have to deal with either a lot of your population not being able to afford basic necessities and/or death of citizens either by suicide or the newfound poverty (though they do have a lot of farmland).

The uks epidemic started in London and that was mainly due to the number of tourists there and potentially the international trading and business dealing that goes down there (if it does). They were about 3 weeks ahead of the UK in the initial propagation of the virus too and had their peek a few weeks earlier
legendary
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August 25, 2020, 01:56:12 PM
#1
The economy was shut earlier this year to accommodate efforts in tracing cases of corona virus and to stop the rapid spread, but from the news I'm about to share, I do not think any sort of wave or spread of the virus can shut down the economy again. Costa Rica as a country is a tourist attraction to people from different parts of the world, but majorly from the U.S., and that's to say the U.S. dollars plays a very important role in the Costa Rican economy.
Quote
More Americans travel to Costa Rica than any other nationality. In 2019, over 40% of all tourists to the country were from the United States.
Despite the United States of America having more than five million confirmed Corona virus cases, Costa Rica is opening it's borders to American tourists and to make things sound good, only Americans from six states:
Quote
Residents of New York, New Jersey, Connecticut, New Hampshire, Maine and Vermont will be able to fly into Costa Rica from Sept. 1.
Mind you this five states combined have had a total of about 694,765 confirmed cases of covid-19, which is about 20 times higher than the number of cases in Costa Rica. So it's obvious this is a move made to stimulate the Costa Rican economy, and can be said to be at the expense of health. This is very risky from the Costa Rican government and it'll cause huge backlash if it leads to a wide spread of covid-19 in their territory, as of course they will put the blame on this decision.

Another thing to note is how important a role they (Costa Rica) are playing in trying to revive their economy, do you think other nations will also follow suit and take risky measures like this one to generate funds needed for the fast recovery of the economy. Some people, in my country for example have been calling for fresh total lockdowns to be imposed as the only option to defeat the virus completely, I don't think any government can take that step again, what do you think?
Read the full news, it's a good read: https://www.cnbc.com/2020/08/25/costa-rica-is-allowing-american-tourists-from-six-us-states.html
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