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Diversion of tourism flows in the Asia & Pacific region : lessons for COVID-19 recovery
Balasundharam, Vybhavi; Koepke, Robin - 2021
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 …
Persistent link: https://www.econbiz.de/10012796804
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Global corporate stress tests : impact of the COVID-19 pandemic and policy responses
Tressel, Thierry; Ding, Xiaodan - 2021
Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced by the pandemic to their liquidity, viability...
Persistent link: https://www.econbiz.de/10012605125
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Evolution of bilateral swap lines
Perks, Michael; Rao, Yudong; Shin, Jongsoon; Tokuoka, Kiichi - 2021
This paper makes contributions to the study of bilateral swap lines (BSLs). First, this paper fills a BSL information gap by constructing a comprehensive database of BSLs based on publicly available information, including after the onset of the COVID-19 pandemic. Second, the paper provides the...
Persistent link: https://www.econbiz.de/10012605136
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Who doesn't want to be vaccinated? : determinants of vaccine hesitancy during COVID-19
Dabla-Norris, Era; Khan, Hibah; Lima, Frederico; … - 2021
Quick vaccine rollouts are crucial for a strong economic recovery, but vaccine hesitancy could prolong the pandemic and the need for social distancing and lockdowns. We use individual-level data from nationally representative surveys developed by YouGov and Imperial College London to empirically...
Persistent link: https://www.econbiz.de/10012613484
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Japan's inbound tourism boom : lessons for its post-COVID-19 revival
Anh Thi Ngoc Nguyen - 2020
In this paper, we review developments in Japanese inbound tourism and investigate the main determinants of its rapid … growth prior to the COVID-19 pandemic. Using a panel autoregressive distributed lag (ARDL) model with data on 34 tourism … source markets from 1996Q1 to 2018Q4, we find that not only tourist income and tourism-related relative prices, also visa …
Persistent link: https://www.econbiz.de/10012301934
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A TIP against the COVID-19 pandemic
Chérif, Réda; Hasanov, Fuad - 2020
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...
Persistent link: https://www.econbiz.de/10012252486
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New insights into ECCU's tourism sector competitiveness
Ghazanchyan, Manuk; Zhao, Li; Brito, Steve; Parlak, Vivian - 2019
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 …. Unfortunately, the evidence shows that tourism arrivals to the ECCU have been declining slightly while global demand for tourism is …
Persistent link: https://www.econbiz.de/10012102139
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Tourism in Belize : ensuring sustained growth
Chow, Julian T. S. - 2019
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 …
Persistent link: https://www.econbiz.de/10012154980
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The Morocco Policy Analysis model : theoretical framework and policy scenarios
Achour, Aya; Bulíř, Aleš; Chafik, Omar; Remo, Adam - 2021
The Morocco Policy Analysis model (MOPAM) was created in the Bank Al-Maghrib to simulate the impact of external developments, domestic macroeconomic policies, and structural reforms on key macroeconomic aggregates. We describe its structure and demonstrate its operation on two medium-term...
Persistent link: https://www.econbiz.de/10012613662
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Inequality in the Spanish labor market during the COVID-19 crisis
Lariau, Ana; Liu, Lucy Qian - 2022
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well …
Persistent link: https://www.econbiz.de/10013170558