Unlocking Tourism Potential for Sustainable and Inclusive Growth in Dominica
Selected Issues Papers, August 11, 2023
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- Unlocking Tourism Potential for Sustainable and Inclusive Growth in Dominica
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Bibliographic details
- Authors: Yibin Mu, Sinem Kiliç Çelik, Archit Singhal
- Published: August 11, 2023
- Series: Selected Issues Papers
- DOI: https://doi.org/10.5089/9798400251771.018
Summary
- Tourism is an important driver of Dominica’s economy.
- The damage of the pandemic on Dominica’s tourism sector was severer than in most regional peers, and the recovery has also been much slower, mostly due to the timing of lockdown restrictions.
- The paper reviews the tourism sector landscape in Dominica, assesses its recent performance relative to peers, and analyzes the main determinants and constraints for tourism development.
Key findings and statistics
- Econometric analysis shows that flight connectivity and demand variables play the most significant role in explaining tourism developments.
- Natural disasters can have negative lasting significant impacts on tourism.
- The analysis implies a need for improving infrastructure and enhancing resilience.
- Publication details:
- Pages: 15
- Volume: 2023
- Issue: 061
- Series: Selected Issues Paper No. 2023/061
- DOI: https://doi.org/10.5089/9798400251771.018
- Stock No: SIPEA2023061
- ISBN: 9798400251771
- ISSN: 2958-7875
Econometric results (high-level)
- Flight connectivity variables: identified as among the most significant explanatory factors for tourism outcomes.
- Demand variables: identified as among the most significant explanatory factors for tourism outcomes.
- Natural disaster variables: associated with negative lasting significant impacts on tourism development.
Main policy implications and recommendations
- Improve infrastructure to support tourism development.
- Enhance resilience to reduce the lasting negative impacts of natural disasters on tourism.
Metadata and authorship
- Authors: Yibin Mu, Sinem Kiliç Çelik, Archit Singhal
- Publication date: August 11, 2023
- Publication type: Selected Issues Papers
- Subjects: COVID-19, Economic growth, Economic sectors, Environment, Health, Inclusive growth, Income, International organization, Monetary policy, National accounts, Natural disasters, Tourism
- Keywords: Caribbean, Caribbean states, COVID-19, demand variable, Dominica's economy, Inclusive growth, Income, Island economy, Natural disasters, stringency index, tourism, tourism development, tourism sector
Source: "Unlocking Tourism Potential for Sustainable and Inclusive Growth in Dominica", Selected Issues Papers 2023, 061 (2023), Yibin Mu, Sinem Kiliç Çelik, and Archit Singhal, accessed from the canonical IMF publication information.
Content in this bundle
- Unlocking Tourism Potential for Sustainable and Inclusive Growth in Dominica