In recent years, especially in Italy , we have witnessed various economic policies that revolved around the concept of bonuses . However, the debate on these measures remains open , in particular on the effects, both criticized and praised, that they have on the economic system and its growth. This type of policy aims to stimulate consumption within the economy. If an economic agent, such as the State, grants citizens or businesses discounts or concessions on the purchase of certain products or services, they will be more inclined to consume them. We therefore understand the relevance that some forms of bonuses or superbonuses can have in the economic system, especially in crisis situations, when the consumption of families and businesses decreases following high levels of inflation or, in general, a reduction in power of purchase.
Concrete examples: superbonus and cashback
Two examples of bonus-based initiatives are Superbonus 110 and cashback . The first , launched to deal with the problems that arose from the pandemic crisis. The aim of supporting the construction Hong Kong Phone Number List sector by stimulating demand. The data shows us how we have gone from a value of 30 billion per year in construction work to around 65 billion in 2021. The second , however, aimed to spread the use of digital payment methods. A view to digitalizing the country and to combat tax evasion. Both initiatives show us some dynamics useful for better understanding the nature of bonuses. Two points can be identified, certainly not exhaustive, but which help to provide an answer to the questions presented at the end of the previous paragraph.
Bonuses are short-term measures
The first point that is important to pay attention to concerns the temporal scope of the bonuses. Being mere donations of capital to support expenses. These measures, despite appearing France WhatsApp Number List less onerous than other more structured policies, have an impact only in the short term . The stimulus that they are able to generate within the economic system disappears quickly. Because by definition a structured long-term plan is absent and only immediate coverage of expenses is expected . This is not to say that the impact of the bonuses is null, on the contrary. In the short term they are able to move many chords in the economy, however their effect remains limited to the period in which the initiative is active: as soon as State shuts down this type of measure, the benefits cease.
