Tag: economic shock

NEWS

IDB Sees Economic Shock For Latin America And The Caribbean Due To Downturn In Tourism

A press release report from the Inter-American Development Bank (IDB) indicates that Latin America and the Caribbean will suffer an unprecedented economic shock from a sharp downturn in tourism. The report launches a new global Tourism Dependency Index for countries, including 35 Latin American and Caribbean economies. Using shock simulations applied to activity in the tourism sector, the IDB highlights […]