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Topic: Italy to add drug trafficking, prostitution to GDP figures (Read 1739 times)

hero member
Activity: 508
Merit: 500
What's strange?
In many countries like the Netherlands...

Interesting fact, the Netherlands have one of the lowest inflation rates in Europe...
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
Prostitution in Spain isn't legal, nor illegal. It's sort of a legal void.

Although prostitution is legal in Spain, pimping is not. And 90% or more of the prostitution in Spain involves pimping. And in most cases they don't pay any taxes, or register with the authorities. So I'd say that the activities are largely illegal.

No it's not. It is a legal void , if it would be legal it would be like in Holland  but there are no regulation for it.
You can compare it to drinking , you're safe doing it at home but in some part or cities in Spain don't do it on the street or in club.But even so the police can come even to that house and pick them up if they receive a complain or they can ignore it.

A complete mess that is not bringing anything.

If it would be legal they could have the benefit of having a real job and a pension sometimes and the state will get some taxes out of it.
legendary
Activity: 1212
Merit: 1037
Prostitution in Spain isn't legal, nor illegal. It's sort of a legal void.

Although prostitution is legal in Spain, pimping is not. And 90% or more of the prostitution in Spain involves pimping. And in most cases they don't pay any taxes, or register with the authorities. So I'd say that the activities are largely illegal.

Of course pimping is illegal (not only in Spain, anywhere in the world), but I think that % you mention is a bit too high. I'm pretty sure the majority of prostitutes are working on their own free will as they are able to make a lot more money that way than cleaning or working as waitresses for example. A recent study showed that a quite high percentage of female university students are "occasional prostitutes" that pay for their studies this way.

And as I said, there's no way they can register with the authorities since prostitution is NOT a recognized activity in Spain (not outlawed either).
legendary
Activity: 3654
Merit: 1217
Prostitution in Spain isn't legal, nor illegal. It's sort of a legal void.

Although prostitution is legal in Spain, pimping is not. And 90% or more of the prostitution in Spain involves pimping. And in most cases they don't pay any taxes, or register with the authorities. So I'd say that the activities are largely illegal.
legendary
Activity: 1212
Merit: 1037
What's strange?
In many countries like the Netherlands, Spain and Germany, prostitution is legal, and its revenues are counted in GDP figures. Grass is now legal in Colorado, and it will be counted for that state GDP figure, like gambling in Nevada. There's absolutely nothing wrong. What's wrong is that in some countries, those activities have been made illegal.

Prostitution in Spain isn't legal, nor illegal. It's sort of a legal void. In the other two countries you mention, prostitution is regulated and the prostitutes pay their taxes, but that is not the case in Spain. They can perform their activity but there they are always "out of the system", so any numbers the government decides to use are rough estimations.
legendary
Activity: 3108
Merit: 1358
What's strange?
In many countries like the Netherlands, Spain and Germany, prostitution is legal, and its revenues are counted in GDP figures. Grass is now legal in Colorado, and it will be counted for that state GDP figure, like gambling in Nevada. There's absolutely nothing wrong. What's wrong is that in some countries, those activities have been made illegal.
It's not about legalization, it's about addition of illegal activities value to the GDP figures. These actions will remain illegal.

That isn't strange but quite senseless, because there are nobody paying taxes from illegal incomings.
legendary
Activity: 3038
Merit: 1047
Your country may be your worst enemy
What's strange?
In many countries like the Netherlands, Spain and Germany, prostitution is legal, and its revenues are counted in GDP figures. Grass is now legal in Colorado, and it will be counted for that state GDP figure, like gambling in Nevada. There's absolutely nothing wrong. What's wrong is that in some countries, those activities have been made illegal.
legendary
Activity: 3654
Merit: 1217
Germans will never be poor thanks to their productive mentality (as opposed to the financial scam-economy other countries have adopted). They lost two world wars and had to take over a bankrupt East Germany after the fall of communism and they're at the top again. I don't think this is thanks to the EU, even though now they do take advantage of their dominant position to make that gap even larger.

I have to agree with you on this. The Germans are extremely hard working, when compared to the lazy groups located to their South (French, Italians, Greeks.etc). But definitely they are taking advantage of their position in the EU.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
First , it's not about Italy , it's about the entire European Nation.

I should have known how the article is misleading when I realize I was reading RT.
There was an announcement like this one month ago :

http://www.bbc.com/news/blogs-magazine-monitor-26957683

Longer version about what's being done in italy here:
http://www.bancaditalia.it/pubblicazioni/econo/temidi/td12/td864_12/en_td864/en_tema_864.pdf
sr. member
Activity: 448
Merit: 250
Good to see that the EU economy is doing so very well. Makes you wonder what all that fuss was about last year.

 Huh Huh Huh Huh Huh

The EU economy is not doing well. Many of the member states such as Spain, Greece, Italy and Cyprus are close to collapse (we can add France, Portugal, Belgium.etc to the list very soon). Only Germany is performing well right now.

Fought WW2 to stop German conquest of Europe but they still did it after the war with EU.

Without EU most countries would be better off and Germans poorer

Germans will never be poor thanks to their productive mentality (as opposed to the financial scam-economy other countries have adopted). They lost two world wars and had to take over a bankrupt East Germany after the fall of communism and they're at the top again. I don't think this is thanks to the EU, even though now they do take advantage of their dominant position to make that gap even larger.
Currently Germany is one of the most powerful countries in the world, I think it has the fourth largest economy. It has a strong industrial base, is scientifically amongst the best in the world and is one of the key countries in the European Union. I can't remember who said this but a comedian did a joke about English people who chant "Two world wars and one world cup" to German people, to show how England is better, and he responded by saying, "Yes, but there was a stunning comeback in the later stages of the twentieth century leading to a richer, stronger and happier country."
sr. member
Activity: 448
Merit: 250
Good to see that the EU economy is doing so very well. Makes you wonder what all that fuss was about last year.

 Huh Huh Huh Huh Huh

The EU economy is not doing well. Many of the member states such as Spain, Greece, Italy and Cyprus are close to collapse (we can add France, Portugal, Belgium.etc to the list very soon). Only Germany is performing well right now.
Is a metaphor. Europe is in its worst crisis since World War II—one which threatens to destroy it. Millions are unemployed, with little hope of a job. And millions of jobs are at risk. The existence of the European Union hangs in the balance.
legendary
Activity: 1512
Merit: 1000
Maybe Italians should hand over the government to the mafia Cheesy. I think the godfathers have a proven record of being able to establish and run prosperous organizations despite all the hardships and difficulties Smiley. BTW as I heard many Italian politicians are connected the mob. Do they really need a middleman?  
hero member
Activity: 658
Merit: 500
It is a numbers game to raise GDP. Now they can 'fix' GDP as they can estimate any number they wish. On the bright side, they have a more accurate model to estimate revenue when they raise sales tax.
full member
Activity: 179
Merit: 100
Just like the unemployment figures here in the US. We only count people that are actively seeking work and don't count those that have given up. Then our politicians take turns patting themselves on the back for their cooked numbers while real employment and wages plummet.

Yes. The real unemployment rate is even worse than 2008.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Wait so they include the Mafia and the Prostitutes as a Gross Domestic Output
I can't see how adding the underground economy will help them other than well changing their statistics data a bit and skewing a really bad situation into a slightly less worse one.

The move may add up to 2 per cent to Italy's GDP, European Union's statistical service, Eurostat, earlier predicted. This should bring the country’s new government under Prime Minister Matteo Renzi closer to its goal - reaching strong growth and lowering the public debt, which the EU says is now “the major challenge”.

Guess the mafia won a round lol
legendary
Activity: 1212
Merit: 1037
Good to see that the EU economy is doing so very well. Makes you wonder what all that fuss was about last year.

 Huh Huh Huh Huh Huh

The EU economy is not doing well. Many of the member states such as Spain, Greece, Italy and Cyprus are close to collapse (we can add France, Portugal, Belgium.etc to the list very soon). Only Germany is performing well right now.

Fought WW2 to stop German conquest of Europe but they still did it after the war with EU.

Without EU most countries would be better off and Germans poorer

Germans will never be poor thanks to their productive mentality (as opposed to the financial scam-economy other countries have adopted). They lost two world wars and had to take over a bankrupt East Germany after the fall of communism and they're at the top again. I don't think this is thanks to the EU, even though now they do take advantage of their dominant position to make that gap even larger.
hero member
Activity: 756
Merit: 506
Good to see that the EU economy is doing so very well. Makes you wonder what all that fuss was about last year.

 Huh Huh Huh Huh Huh

The EU economy is not doing well. Many of the member states such as Spain, Greece, Italy and Cyprus are close to collapse (we can add France, Portugal, Belgium.etc to the list very soon). Only Germany is performing well right now.

Fought WW2 to stop German conquest of Europe but they still did it after the war with EU.

Without EU most countries would be better off and Germans poorer
legendary
Activity: 3654
Merit: 1217
Good to see that the EU economy is doing so very well. Makes you wonder what all that fuss was about last year.

 Huh Huh Huh Huh Huh

The EU economy is not doing well. Many of the member states such as Spain, Greece, Italy and Cyprus are close to collapse (we can add France, Portugal, Belgium.etc to the list very soon). Only Germany is performing well right now.
sr. member
Activity: 994
Merit: 441
http://rt.com/news/161140-italy-drugs-prostitution-economy/

If Mexico and Columbia adopted this accounting model they would lead the world's ecomomies. Unless China placed a value on all the intellectual property it steals, in which case it would outstrip everyone. Cheesy
The article seems to confuse GDP with GDP growth. If revenues are included in the figures for the first time, that does not translate as GDP growth: estimates should be made for previous years, whereupon the total growth rate can be calculated more accurately.
sr. member
Activity: 448
Merit: 250
Good to see that the EU economy is doing so very well. Makes you wonder what all that fuss was about last year.
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