This study assesses the economy-wide impacts of private investment in the hotel industry in Jamaica. Specifically, the paper develops a tourism-extended social accounting matrix (SAM) and a dynamic computable general equilibrium (CGE) model tailored to the Jamaican economy. To analyse impacts in terms of poverty and inequality, the CGE model results are linked with a microsimulation model. The results demonstrate that private tourism investments leading to an expansion of foreign demand for tourism can have positive impacts on national economies in terms of gross domestic product (GDP), employ…
En este estudio se analizan las repercusiones económicas generales de la inversión privada en la industria hotelera de Jamaica. En particular, en este trabajo se desarrolla una matriz de contabilidad social (MCS) extendida al turismo y un modelo dinámico de equilibrio general computable (EGC) adaptado a la economía de Jamaica. Para analizar los efectos en materia de pobreza y desigualdad, los resultados del modelo EGC se vinculan con un modelo de microsimulación. Los resultados demuestran que cuando las inversiones privadas en el sector turístico
propician el fortalecimiento de la demanda extr…
The Micro, Small and Medium-sized Enterprises (MSMEs) dedicated to tourism in the member countries of the Central American Integration System (SICA) recognize the importance of digital tools for attracting tourists, attaining visibility and selling, and they show great willingness to engage with them. However, they still only make basic use of these technologies for communicating and promoting their business, missing opportunities to improve their competitiveness, productivity and sustainability, according to a new document published by the Economic Commission for Latin America and the Caribbe…
Las micro, pequeñas y medianas empresas (mipymes) turísticas de los países miembros del Sistema de la Integración Centroamericana (SICA) reconocen la importancia de las herramientas digitales para atraer a los turistas, obtener visibilidad y vender, y muestran gran apertura para incursionar en ellas. Sin embargo, aún hacen un uso básico de estas tecnologías para comunicarse y promocionar la empresa, desaprovechando oportunidades para mejorar su competitividad, productividad y sostenibilidad, plantea un nuevo documento publicado por la Comisión Económica para América Latina y el Caribe (CEPAL).…
As micro, pequenas e médias empresas (MPME) turísticas dos países-membros do Sistema da Integração Centro-Americana (SICA) reconhecem a importância das ferramentas digitais para atrair turistas, ganhar visibilidade e vender, e mostram grande abertura para incursionar nelas. No entanto, ainda fazem uso básico dessas tecnologias para comunicar e promover as empresas, perdendo oportunidades para melhorar sua competitividade, produtividade e sustentabilidade, diz um novo documento publicado pela Comissão Econômica para a América Latina e o Caribe (CEPAL).
A publicação Turismo na América Central e …
The emergence of the COVID-19 pandemic has not only been sudden but has required significant re-adjustment on the part of world economies with far-reaching effects anticipated in the short to medium term. For vulnerable Caribbean economies already challenged by high debt service payments, external support is needed to fill the resource gap.
The objective of this report is to assess the impact of the pandemic imposed restrictions across six critical sectors and to provide policy recommendations to ensure a swift recovery and make a case for greater external concessional financial support to the…
Naciones Unidas