The pandemic has hit our country forcefully, giving rise to many victims and widespread suffering. Thanks to the commitment of the whole nation, and particularly the efforts of those working in the healthcare sector and essential services, we hope to contain the effects of the virus on the health of our citizens.
The shock has been so powerful that it has required exceptional economic countermeasures by national and local governments and European institutions.
We do not yet know to what extent the measures implemented will succeed in preventing the start of a long phase of recession. It is however certain that in the next few months it will continue to be necessary to make important and difficult choices to avoid mass unemployment, businesses closures, a major increase in poverty and the intensification of inequality within countries.
In this situation, we considered it necessary to immediately begin the reflections of the Festival of Economics, using the means the web makes available to us: indeed, never has there been a greater need for public exchange of expert analysis and proposals than in this period.
We will do so as usual, by combining scientific rigour and attention to clarity, without taking anything for granted.