KEY ISSUES Context: Tonga’s economy is rebounding, partially owing to a recovery in agricultural exports. The outlook … for tourism is also improving. The reconstruction from a recent cyclone is expected to lead to both a temporary boost to … gradually stabilizing and then reducing the debt-to-GDP ratio, in order to improve Tonga’s moderate risk of debt distress …

The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean … countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth … to major sources of labor market determinants, in the long and short run. The main determinants of employment include …

The report gives statistical data on nominal GDP by economic activity and expenditure, real GDP by economic activity … and expenditure, oil and gas production and sales figures, employment by government sector and private sector, consumer …

increased, especially that of the private sector, which has been vigorously increased. The targets of employment and poverty …

home, and consumption of tourism services across monopolistically competitive destinations abroad is presented. The model … tourist destinations. Estimates suggest median tourism arrivals decline by at least three to five percent in response to a one …. Estimates of the elasticity of substitution suggest that tourism demand is highly price sensitive, and that a variety of costs …