My sincerest apologies on the late reply! I had to attempt to find the article myself as the quality of the image was sometimes not clear enough to discern everything on the paper. While the arguments presented in the discussion are quite interesting, it is very true that some aspects of the crisis due to COVID are not analysed in full. I can attempt to paraphrase by saying that there is appraisal going towards a lot of family businesses throughout Italy, as their ability to adapt to the novel situation is what has kept them going. While revenue has forcibly taken a hit, certain aspects, such as the hired workforce, has decreased by 2.9% overall, as compared to the worldwide 8.5%. The main gist of the article is that of innovation strategy and adaptability being the key to survival in the current situation. What is not truly mentioned, though, is that Italy is in itself its own worst enemy, and I may say that I experience this firsthand. The government has attempted to ease the burden on all businesses in the country by decreasing taxes and other costs based on their previous monthly declared incomes. Unfortunately, this is much easier said than done. I am afraid that tax fraud remains a pervasive issue within the state, and is almost a normality within the more local and small-sized businesses. This presents quite the issue, as could be imagined, as business owners therefore were requesting much more money from the government than what they would seem to be needing, based on their "dichiarazione dei redditi", declaration of revenue. While this is undoubtedly to blame on the individual businesses, this also has a heavy impact on the economy. Thus, whilst it is illegal activity, the government cannot sit and watch the backbone of the economy, for many regions, crumble to dust. Inevitably, this brings about the topic of encouraging criminal activity, but if I may add towards a follow up discussion, what would be needed to fix the situation on behalf of the government? They may not be numerous, but many businesses are actually in the right, and have an accurate income statement, but would this not be unfair treatment if all businesses were therefore all rewarded in the same way? One thing that can be mentioned is that this is a clear demonstration of how if a system is flawed at its core, it will inevitably crumble.
My sincerest apologies on the late reply! I had to attempt to find the article myself as the quality of the image was sometimes not clear enough to discern everything on the paper. While the arguments presented in the discussion are quite interesting, it is very true that some aspects of the crisis due to COVID are not analysed in full. I can attempt to paraphrase by saying that there is appraisal going towards a lot of family businesses throughout Italy, as their ability to adapt to the novel situation is what has kept them going. While revenue has forcibly taken a hit, certain aspects, such as the hired workforce, has decreased by 2.9% overall, as compared to the worldwide 8.5%. The main gist of the article is that of innovation strategy and adaptability being the key to survival in the current situation. What is not truly mentioned, though, is that Italy is in itself its own worst enemy, and I may say that I experience this firsthand. The government has attempted to ease the burden on all businesses in the country by decreasing taxes and other costs based on their previous monthly declared incomes. Unfortunately, this is much easier said than done. I am afraid that tax fraud remains a pervasive issue within the state, and is almost a normality within the more local and small-sized businesses. This presents quite the issue, as could be imagined, as business owners therefore were requesting much more money from the government than what they would seem to be needing, based on their "dichiarazione dei redditi", declaration of revenue. While this is undoubtedly to blame on the individual businesses, this also has a heavy impact on the economy. Thus, whilst it is illegal activity, the government cannot sit and watch the backbone of the economy, for many regions, crumble to dust. Inevitably, this brings about the topic of encouraging criminal activity, but if I may add towards a follow up discussion, what would be needed to fix the situation on behalf of the government? They may not be numerous, but many businesses are actually in the right, and have an accurate income statement, but would this not be unfair treatment if all businesses were therefore all rewarded in the same way? One thing that can be mentioned is that this is a clear demonstration of how if a system is flawed at its core, it will inevitably crumble.