Monday, July 6, 2009

Fairweather Prom Dresses

DIFFUSE CRISIS AND THE BOOK: EXERCISES Funambule

The appearance Saturday in different modes of the first results on fiscal 2008 and an advance on the situation of the sector in first half of 2009 from the data provided by FGEE leads us to reflect on some of the issues that are targeted. The owner of the country could not be more forceful in the online tabloid that has characterized the "reflection" on the sector in recent months: "The book also adds to the crisis. After years of growth, sales fell 6% in the first half of 2009. "

line of argument of the holder and it seems wrong and gives us sufficient reason to disagree strongly. Recent years sector has grown by less than inflation, in fact, at constant prices the sector has decreased over the last ten years by 1.2%. See chart.


Conclusion: Let announced with great fanfare "growth" to speak directly of stagnation.
On the other hand, figures who venture in the first half of 2009-is it that they are "signs and projections" - state that there was only down 6%, despite that argues that, according to data from January and February, a 40% decline. The figure of 6% in the semester is therefore hardly credible (Would that in the remaining four months to offset the 40% decline, should have checked a chilling figure, which is not true).
The article also included statements by Michèle Chevallier-CEGAL, "which tells of a 25% decline in bookstores. From our point of view, the assessment of CEGAL seems much more realistic and objective, much more faithful to a reality that is very worrying.
effectively Returns have been huge, mainly because they have become the only corrective mechanism between supply and demand. Return overproduction is penalizing editorial that does not conform to actual demand. If not sold, the rational is returned, if not sold, the rational and prudent to buy and implement much lower amounts. If this all adds institutional shopping break and a late payment of management to libraries, the picture is worrisome.
"" The tendency is to recover ", as stated in the article? It is going to be no. Currently there are no green shoots, but lethargy and stagnation. It seems more than necessary and urgent to have a plan B, ie, a crisis plan in the industry. "The editorial spirit has played forever?

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