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The fallout from the COVID-19 crisis is hitting ECCU economies hard. Tourism receipts (accounting for nearly 40 percent …
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Jamaica was hit hard by the pandemic. An early lockdown in the Spring of 2020 helped contain the number of Covid-19 cases but the impact on the economy was severe, with real GDP shrinking by 10 percent. To counter the social and economic effects of the pandemic, the government temporarily...
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As other emerging economies reliant on tourism (about 25 percent total contribution of tourism-related industries in …
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The Icelandic economy has been severely affected by the pandemic. Sharp tourism contraction and containment measures … tourism sector depend on control of the epidemic and progress in global and domestic vaccine distribution, spelling a …
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A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on...
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infections in the summer. The economic impact of COVID-19 is particularly severe given Aruba's high dependency on tourism. While …
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