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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 …
Persistent link: https://www.econbiz.de/10008839340
tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific …
Persistent link: https://www.econbiz.de/10010959471
This Selected Issues paper analyzes sustaining potential growth in Aruba. As in the other Caribbean countries, there are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth. Tackling such concerns...
Persistent link: https://www.econbiz.de/10011245149
Cancellation of Stand-by Arrangement (SBA). Despite tangible progress under the SBA, the crisis in Ukraine has increased its …
Persistent link: https://www.econbiz.de/10011244255
Following the 2008/9 financial crisis and deep recession, a cyclical recovery took hold in Ukraine, supported by a …
Persistent link: https://www.econbiz.de/10011244665
EXECUTIVE SUMMARY The first review discussions took place in a context of heightened geopolitical tensions and deepening economic crisis. Intensification of the conflict in the East and escalation of the gas dispute with Gazprom, two of the key risks identified at the time of the program...
Persistent link: https://www.econbiz.de/10011245299
Persistent link: https://www.econbiz.de/10005826703
particular case of Ukraine, and how it might approach its own large contingent liability-the so-called lost savings-which at end …
Persistent link: https://www.econbiz.de/10005604821
Amid renewed crisis, falling tax revenues, and rising debt, Ukraine faces serious fiscal consolidation needs. Durable …
Persistent link: https://www.econbiz.de/10011242375
Ukraine’s gas pricing policy subsidizes gas and heating for all households. As the cost of imported gas rises, this policy increasingly weighs on government finances, sustains energy over-consumption, dampens investment in delivery systems, and undermines incentives for domestic...
Persistent link: https://www.econbiz.de/10011242403