TY - BOOK ID - 135667851 TI - Tourism in the Post-Pandemic World : Economic Challenges and Opportunities for Asia-Pacific and the Western Hemisphere AU - Goretti, Manuela. AU - Babii, Aleksandra. AU - Cevik, Serhan. AU - Kaendera, Stella. AU - Leigh, Lamin. AU - Muir, Dirk. AU - Nadeem, Sanaa. PY - 2021 SN - 1513569953 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Tourism KW - COVID-19 (Disease) KW - COVID-19 Pandemic, 2020 KW - -Economic aspects. KW - Economic aspects. KW - -Communicable diseases KW - Covid-19 KW - Diseases: Contagious KW - Economic growth KW - Economic sectors KW - Economics of Gender KW - Economics: General KW - Exports and Imports KW - Exports KW - Gambling KW - Globalization: General KW - Health Behavior KW - Health economics KW - Health KW - Health: General KW - Hospitality, leisure & tourism industries KW - Industries: Hospital,Travel and Tourism KW - Infectious & contagious diseases KW - International Economics KW - International economics KW - International institutions KW - International tourism KW - International trade KW - Job creation KW - Macroeconomic Aspects of International Trade and Finance: General KW - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data) KW - Non-labor Discrimination KW - Political economy KW - Recreation KW - Restaurants KW - Sports KW - Trade: General KW - New Zealand UR - https://www.unicat.be/uniCat?func=search&query=sysid:135667851 AB - This departmental paper analyzes the impact of the COVID-19 pandemic on tourism in the Asia Pacific region, Latin America, and Caribbean countries. Many tourism dependent economies in these regions, including small states in the Pacific and the Caribbean, entered the pandemic with limited fiscal space, inadequate external buffers, and foreign exchange revenues extremely concentrated in tourism. The empirical analysis leverages on an augmented gravity model to draw lessons from past epidemics and finds that the impact of infectious diseases on tourism flows is much greater in developing countries than in advanced economies. ER -