Recovery measures for the tourism sector in Latin America and the Caribbean present an opportunity to promote sustainability and resilience
Economic Commission for Latin America and the Caribbean (ECLAC)
Tourism in the region has come to a temporary standstill, beginning in April 2020, as a result of the coronavirus disease (COVID-19) pandemic. This paralysis has not only hit Caribbean economies and employment hard, but also many local communities in Latin America. In this brief, the contribution of tourism to exports, gross domestic product (GDP) and employment is reviewed, together with the recent downturn in this activity in the region. An impact scenario shows that the slump in tourism may cause total GDP growth in the Caribbean and Latin America to fall by 8 percentage points and 1 percentage point, respectively, while total employment could potentially decline by 9 percentage points in the Caribbean and 2 percentage point in Latin America. As countries have taken measures to mitigate the impact of the crisis on tourism, recommendations are provided to step up the sector’s preparation for the economic recovery, while enhancing diversification as well as environmental and social sustainability.
Year of publication: |
July 2020
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Institutions: | Vereinte Nationen / Economic Commission for Latin America and the Caribbean (issuing body) |
Publisher: |
Santiago de Chile : United Nations, ECLAC |
Subject: | Coronavirus | Wirkungsanalyse | Impact assessment | Tourismuswirtschaft | Tourism industry | Wirtschaftslage | Macroeconomic performance | Lateinamerika | Latin America | Karibischer Raum | Caribbean countries |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 11 Seiten) Illustrationen |
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Series: | |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Amtsdruckschrift ; Government document ; Graue Literatur ; Non-commercial literature |
Language: | English |
Other identifiers: | hdl:11362/45767 [Handle] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012440406
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