We estimate a variety of exchange rate elasticities of international tourism. We show that, in addition to the … bilateral exchange rate between the tourism origin and destination countries, the exchange rate vis-a-vis the US dollar is also … an important driver of tourism flows and pricing. The effect of US dollar pricing is stronger for tourism destination …

The COVID-19 pandemic prompted a collapse in international tourism, severely impacting the tourism-dependent economies … in the Asia and Pacific region. Once countries start reopening, tourism diversion effects could accelerate the recovery … of previous shocks in tourism competitor countries on visitor inflows, with a particular focus on tourism …

. Unfortunately, the evidence shows that tourism arrivals to the ECCU have been declining slightly while global demand for tourism is …Tourism has become the main driver of economic growth and employment and the most important source of income in the … ECCU. Preserving and, possibly, enhancing the competitiveness of the tourism product is key for these countries …

Belize's tourism sector has witnessed impressive growth in recent years with overnight tourist arrivals registering … double digit annual growth rates since 2016. To guide the development of the tourism sector from 2012 to 2030, the government … endorsed a National Sustainable Tourism Master Plan in 2011, setting various initiatives and targets for the immediate and …

shock, which are largely unaccounted for in the existing literature. Such effects include direct spillovers from China on … effects most likely will be substantial, may amplify initial shock, and change the direction of its propagation. The impact on …

fluctuations are driven by one major factor. The positive co-movement of real output and inflation convincingly argues for a demand …

analysis shows that excess liquidity, which is measured by positive deviations of M2 from its equilibrium level, adds to demand …

Employing cointegration techniques, the long-run determinants of Madagascar''s real exchange rate are examined from a …