The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery

Since April, tourism in the region has almost come to a temporary standstill as a result of the coronavirus disease (COVID-19) pandemic. This temporary paralysis has not only hit Caribbean economies and employment hard, but also many local communities in Latin America. Tourism accounts for half of s...

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Otros Autores:	Mulder, Nanno
Formato:	Texto
Lenguaje:	English
Publicado:	ECLAC 2020
Materias:	COVID-19 VIRUS EPIDEMIAS ENFERMEDADES VIROSICAS ASPECTOS ECONOMICOS TURISMO EMPLEO INGRESOS FOMENTO DEL TURISMO SALUD COOPERACION REGIONAL VIRUSES EPIDEMICS VIRAL DISEASES ECONOMIC ASPECTS TOURISM EMPLOYMENT INCOME TOURISM DEVELOPMENT HEALTH REGIONAL COOPERATION
Acceso en línea:	http://hdl.handle.net/11362/46502
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spelling	oai-11362-465022020-12-18T13:18:33Z The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery Mulder, Nanno COVID-19 VIRUS EPIDEMIAS ENFERMEDADES VIROSICAS ASPECTOS ECONOMICOS TURISMO EMPLEO INGRESOS FOMENTO DEL TURISMO SALUD COOPERACION REGIONAL COVID-19 VIRUSES EPIDEMICS VIRAL DISEASES ECONOMIC ASPECTS TOURISM EMPLOYMENT INCOME TOURISM DEVELOPMENT HEALTH REGIONAL COOPERATION Since April, tourism in the region has almost come to a temporary standstill as a result of the coronavirus disease (COVID-19) pandemic. This temporary paralysis has not only hit Caribbean economies and employment hard, but also many local communities in Latin America. Tourism accounts for half of services exports in Latin America and the Caribbean and represents significant shares of gross domestic product (GDP) and employment. 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 7 percentage points in the Caribbean and 1 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. Abstract .-- Introduction .-- I. The key role of tourism in GDP, exports and employment .-- II. The dramatic fall in tourism .-- III. Large drops in regional tourism are expected in 2020 .-- IV. Different measures can mitigate the impact of the crisis and accelerate recovery. 2020-12-16T14:34:02Z 2020-12-16T14:34:02Z 2020-12-15 Texto Documento Completo http://hdl.handle.net/11362/46502 LC/TS.2020/147 en Serie Comercio Internacional 157 .pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC
institution	Cepal
collection	Cepal
language	English
topic	COVID-19 VIRUS EPIDEMIAS ENFERMEDADES VIROSICAS ASPECTOS ECONOMICOS TURISMO EMPLEO INGRESOS FOMENTO DEL TURISMO SALUD COOPERACION REGIONAL COVID-19 VIRUSES EPIDEMICS VIRAL DISEASES ECONOMIC ASPECTS TOURISM EMPLOYMENT INCOME TOURISM DEVELOPMENT HEALTH REGIONAL COOPERATION
spellingShingle	COVID-19 VIRUS EPIDEMIAS ENFERMEDADES VIROSICAS ASPECTOS ECONOMICOS TURISMO EMPLEO INGRESOS FOMENTO DEL TURISMO SALUD COOPERACION REGIONAL COVID-19 VIRUSES EPIDEMICS VIRAL DISEASES ECONOMIC ASPECTS TOURISM EMPLOYMENT INCOME TOURISM DEVELOPMENT HEALTH REGIONAL COOPERATION The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery
description	Since April, tourism in the region has almost come to a temporary standstill as a result of the coronavirus disease (COVID-19) pandemic. This temporary paralysis has not only hit Caribbean economies and employment hard, but also many local communities in Latin America. Tourism accounts for half of services exports in Latin America and the Caribbean and represents significant shares of gross domestic product (GDP) and employment. 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 7 percentage points in the Caribbean and 1 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.
author2	Mulder, Nanno
author_facet	Mulder, Nanno
format	Texto
title	The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery
title_short	The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery
title_full	The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery
title_fullStr	The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery
title_full_unstemmed	The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery
title_sort	impact of the covid-19 pandemic on the tourism sector in latin america and the caribbean, and options for a sustainable and resilient recovery
publisher	ECLAC
publishDate	2020
url	http://hdl.handle.net/11362/46502
_version_	1718443054217560064

The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery

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