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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 in countries that establish themselves as more attractive...
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Pacific island countries (PICs) rely on national airlines for connectivity, trade, and tourism. These airlines are being struck hard by COVID-19. Losses will weigh on public sector balance sheets and pose risks to economic recovery. With a backdrop of tight fiscal space and increasing government...
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The Pacific Island nations heavily rely on the tuna fishery for government revenue and economic growth. Since the conversion of some nations to the Vessel Days Scheme (VDS) from the fishing Quota system, the region's domestic catch has significantly increased. VDS has stimulated economic return...
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