Relevant bibliographies by topics / Direct contribution of tourism to GDP

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Direct contribution of tourism to GDP'

Author: Grafiati
Published: 30 May 2022
Last updated: 31 July 2025

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Journal articles on the topic "Direct contribution of tourism to GDP"

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Kasimati, Evangelia. "Does tourism contribute significantly to the Greek economy? A multiplier analysis." European Journal of Tourism, Hospitality and Recreation 7, no. 1 (2016): 55–62. http://dx.doi.org/10.1515/ejthr-2016-0006.

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Abstract Tourism is one of the growing service sectors in Greece. In 2014, the direct and indirect contribution of the Greek tourism industry to total GDP and employment reached 17.3% and 19.2%, respectively (WTTC, 2015). As the economic importance of the tourism industry is growing among the policymakers and researchers, the objective of this paper is to analyse the contribution of tourism to Greek’s economic growth. We use a trivariate model of real gross domestic product (GDP), international tourist expenditure and a real effective exchange rate, to calculate a tourism multiplier in order t
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SEKHER, Ahmed, Abdelhak BENTAFAT, and ouahiba Khezazna. "Analytical study of some tourism indicators in some of the selected tourist countries Using the "ACP" method." Journal of Economic Growth and Entrepreneurship 5, no. 1 (2021): 100–114. https://doi.org/10.5281/zenodo.4460658.

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<em>This paper dealt&nbsp; with the study of some&nbsp; indicators for a group of&nbsp; tourist countries and&nbsp; their&nbsp; analysis&nbsp; according to the model analysis of the main components of ACP, where some indicators were&nbsp; reviewed, such&nbsp; as&nbsp; the contribution of&nbsp; tourism&nbsp;&nbsp; to the gross&nbsp;&nbsp; domestic&nbsp;&nbsp; product,&nbsp; as&nbsp; well&nbsp; as&nbsp; spending&nbsp; on&nbsp; tourism&nbsp; and&nbsp; the&nbsp; tourism investment index. The study reached several results, including:</em> <em>- There is a direct&nbsp; relationship&nbsp; between tou
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SEKHER, Ahmed, Abdelhak BENTAFAT, and Abdelhak BENTAFAT. "Analytical study of some tourism indicators in some of the selected tourist countries Using the "ACP" method." Journal of Economic Growth and Entrepreneurship JEGE 5, no. 1 (2021): 100–114. https://doi.org/10.5281/zenodo.4469740.

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<em>This paper dealt&nbsp; with the study of some&nbsp; indicators for a group of&nbsp; tourist countries and&nbsp; their&nbsp; analysis&nbsp; according to the model analysis of the main components of ACP, where some indicators were&nbsp; reviewed, such&nbsp; as&nbsp; the contribution of&nbsp; tourism&nbsp;&nbsp; to the gross&nbsp;&nbsp; domestic&nbsp;&nbsp; product,&nbsp; as&nbsp; well&nbsp; as&nbsp; spending&nbsp; on&nbsp; tourism&nbsp; and&nbsp; the&nbsp; tourism investment index. The study reached several results, including:</em> <em>- There is a direct&nbsp; relationship&nbsp; between tou
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Melita, Asantael Williams. "The Relationship between Tourism and Socio-Economic Aspects of the Maasai in Ngorongoro Conservation, Tanzania." Business and Management Horizons 2, no. 1 (2014): 78. http://dx.doi.org/10.5296/bmh.v2i1.5860.

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Tourism Industry by its nature in the World, it is the trait that cannot be separated from the social life of the communities as it is practised on their territorial lands that they depend for their socio-economic aspects. That strong relationship has caused rapid growth of tourism activities to developing countries and led to new national and international expectations for tourism as an agent of socio-economic development. The World GDP contributions from tourism by 2013 grew to 3.1% and contribute to 101 million jobs, and in Tanzania total contribution to GDP was 12.7% where by contributed 4
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Anson, K. J., and Thalia Avin. "A Study on Changes in GDP due to its Relative Dependence on Tourism Receipts." Atna - Journal of Tourism Studies 11, no. 1 (2016): 17–30. http://dx.doi.org/10.12727/ajts.15.2.

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Tourism is a social phenomenon, driven by the natural urge of human beings to experience new places, cuisines, and destinations. The tourism industry being an established industry is considered as a vehicle for economic development. It is amongst the top ten sectors in India as it attracts a high level of foreign direct investment (FDI).The tourism industry has contributed a lot to the economy by attracting a large number of both foreign and domestic tourists travelling for professional as well as holiday purposes. This results in increased foreign exchange income and greater employment opport
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Pantović, Danijela, Kamelia Chaichi, and Sanja Pavlović. "Contribution of tourism to economic development in selected European countries." Bizinfo Blace 15, no. 2 (2024): 83–89. https://doi.org/10.5937/bizinfo2402083p.

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This study explores the interaction of key indicators that reflect tourism's contribution to economic development, including total and direct employment contributions, total and direct contributions to GDP, capital investment, and visitor exports (foreign consumption). Using data from the Travel and Tourism Development Index for 2019, published by the World Economic Forum, the study employs entropy as a measure of equality to analyze these indicators across 30 countries. The findings highlight significant divergence, with coastal countries exhibiting the highest values across all indicators. T
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Andrasari, Monika, Sirojuzilam Hasyim, Ahmad Albar Tanjung, Syafii M., and Irsad Lubis. "Carbon Emissions In Indonesia Viewed From Tourism Aspects." Journal of Sustainable Economics 2, no. 1 (2024): 1–9. http://dx.doi.org/10.32734/jse.v2i1.15627.

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The purpose of this study is to see the effects of the tourism sector on the number of carbon emissions in Indonesia. The importance of the tourist industry in Indonesia is growing in parallel with its growth and economic contribution, but It is undeniable that all economic activity, including tourism, has an impact on environmental change, particularly the rise in carbon dioxide emissions. Therefore, testing was carried out using the Autoregressive Distributed Lag (ARDL) method to see the long-term and short-term relationships between the independent variables to the dependent variable. The v
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Kharel, Khom Raj, and Suman Kharel. "Contribution of Tourism Industry in Nepal: Measuring Its Economic Impact." Patan Pragya 7, no. 1 (2021): 110–22. http://dx.doi.org/10.3126/pragya.v7i1.35112.

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This research paper is concern with the economic impact of tourism industry in Nepalese economy. Tourism industry is multi-industry and multi-product and tourist demand is complementary and has to be met by a number of goods and services, which are not only spatially disparate but also functionally different. The tourist product is of a highly perishable nature and the bulk of tourist facilities have an in-built inflexibility. It initially reviews the concert and using a model, it deals with the factors affecting the economic impacts associate with tourism. The economic impact is measured in t
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RAMAJ-DESKU, Behrije, and Fatos UKAJ. "The Impact of the Tourism Industry in Kosovo and Albania." Journal of Environmental Management and Tourism 11, no. 5 (2020): 1289. http://dx.doi.org/10.14505//jemt.v11.5(45).26.

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Tourism is considered an industry with a high impact on the economic development of a country. Based on this fact, the main purpose of this paper is to present and compare the statistics of foreign and domestic visitors, as well as the impact of tourism to employment and GDP in Albania and in Kosovo. According to the summary statistics, there is a positive increase in the number of foreign and domestic visitors who have visited Kosovo. In Kosovo there is a less tourism contribution to employment and GDP than in Albania as tourism is more developed in Albania. Pristina is considered the most in
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Sacco, Brandon, and Ian Cassar. "Measuring the economic impact of tourism in Malta using the Tourism Satellite Account." European Journal of Tourism Research 23 (October 1, 2019): 86–111. http://dx.doi.org/10.54055/ejtr.v23i.391.

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This article puts forward an analysis of the first Tourism Satellite Account compiled for the Maltese economy. The resulting Tourism Satellite Account (TSA) compiled for Malta adheres to the European System of Accounts (2010) and is based on the reference year of 2010. It reveals that tourism’s direct contribution to Malta’s GDP is around 6.1% and that the tourism sector directly employs 8.0% of the total population of gainfully occupied persons (employed or self-employed). Both the symmetrical approach and a variant of the net ratio approach are utilised to derive the tourism value added and
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Dissertations / Theses on the topic "Direct contribution of tourism to GDP"

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Шапа, О. О. "Статистичне дослідження міжнародного туризму". Thesis, 2017. http://dspace.oneu.edu.ua/jspui/handle/123456789/6390.

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Мета дипломної роботи полягає в статистичому дослідженні туристичної сфери, як особливого виду економічної діяльності та основних тенденцій розвитку міжнародного туризму.<br>Цель дипломной работы заключается в статистич исследовании туристической сферы, как особого вида экономической деятельности и основных тенденций развития международного туризма.<br>The purpose of the thesis is the statistical study of the tourism sector as a special type of economic activity and the main trends in the development of international tourism.
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BERANOVÁ, Pavla. "Dopady mezinárodního terorismu na sektor cestovního ruchu." Master's thesis, 2018. http://www.nusl.cz/ntk/nusl-375790.

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The main goal of this thesis is analysis of impact terrorism attacks to the tourism sector, especially from the financial viewpoint. After the attacks the country may be perceived negatively, and it could mean drop in arrivals or GDP, there can drop tourism sector contribution to GDP, receipt from this sector or employment in tourism sector could drop too. These negative effects are being studied for selected countries such as the United States, Spain and France.
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Books on the topic "Direct contribution of tourism to GDP"

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Gambia. Central Statistics Department. Tourism contribution towards the national economy (GDP). Republic of Gambia, Central Statistics Department, 2001.

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Tourism contribution towards the national economy (GDP). Central Statistics Dept., 2001.

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Golam Hassan, Asan Ali, Mohd Faisol Md Salleh, and Maria Abdul Rahman, eds. Kedah towards a developed state. UUM Press, 2005. http://dx.doi.org/10.32890/9833282199.

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Kedah: Towards a Developed State is a collection of articles that highlights strategies, recommendation and comments that should be considered and undertaken by the Kedah state government to achieve the target as a developed state by the year 2010. The papers cover many aspects such as development, finance, industry and foreign direct investment, tourism and education and many more. The Kedah Maju Action Plan which is a continuation of the Kedah Development Action Plan (1990 2000) covers the period from 2001 to 2010. It outlines the aggressive strategies that have and will be undertaken to acc
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Book chapters on the topic "Direct contribution of tourism to GDP"

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Rana, Karan Singh, and Roman V. Manshin. "Contribution of Tourism in India’s GDP in Pre-and Post-pandemic Scenarios." In Lecture Notes in Networks and Systems. Springer Nature Switzerland, 2025. https://doi.org/10.1007/978-3-031-88846-5_25.

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Comănescu, Adrian Şerban. "The Direct Contribution of Tourism to the Gross Domestic Product of Romania." In Organizations and Performance in a Complex World. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-50676-6_22.

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Sobczak, Anna. "Tourism, Leisure Development and Quality of Life for Local People." In Strategic Innovative Marketing and Tourism. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-51038-0_26.

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AbstractSustainable development of tourism is an important tool to stimulate the development of tourist areas. An important role in this process is played by the local community, which is an important capital in the development of tourism, as well as a beneficiary of changes. Their attitudes, behaviors and involvement in development processes have a key impact on achieving environmental, social and economic goals of sustainable tourism development. The analysis will consider the role of residents in the following aspects: co-creator of the tourist product, beneficiary of the introduced improve
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Joffe, Michael. "Advantages of the Proposed New Monitoring System." In Evaluating Economic Success. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-57671-3_4.

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AbstractThe IEO perspective based on economic outcomes and the universal meeting of basic needs has a clear purpose, and a concept that corresponds to it, a formulation appropriate to fulfilling this purpose, a well-specified domain of application and a clear relationship with other related items that are being monitored. It is responsive to relevant societal heterogeneity and to changes over time, and is practically useful in relation to possible interventions. Its metric is clearly related to its purpose, and based on an explicit value system. It combines the advantages of specific individua
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Parente, Marina. "Collaborative Dialogues Between Souvenirs and Territories: From Evocative Objects to Experience-Objects." In Springer Series in Design and Innovation. Springer Nature Switzerland, 2023. http://dx.doi.org/10.1007/978-3-031-49811-4_55.

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AbstractEnhancing the widespread cultural heritages of our territories is not only a moral imperative and respect for the values established over time but an increasingly felt need to direct local development towards more sustainable strategies for the environment and communities.The culture of design, especially in Italy, has questioned what its disciplinary contribution can be, in addition to the specialist approaches such as exhibition, communication or lighting design. In national financed research carried out precisely on these themes (D.Cult research: Design for the enhancement of cultur
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Jablanovic, Vesna D. "Tourism Direct GDP in the Nordic Countries." In International Thematic Monograph: Modern Management Tools and Economy of Tourism Sector in Present Era. Association of Economists and Managers of the Balkans; Faculty of Tourism and Hospitality, Ohrid, North Macedonia, 2022. http://dx.doi.org/10.31410/tmt.2022-2023.51.

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This paper examines the stability of tourism's total contribution to the gross domestic product. This indicator is measured as a percentage of total GDP. The basic aim of this paper is to create a relatively simple chaotic growth model of tourism's total contribution to the gross domestic product. Also, this paper examines the relationship between tourism and the gross domestic product in the Nordic countries. This paper confirms the existence of the growing stability of tourism contribution to GDP in the Nordic coun­tries in the observed periods.
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Ambardar, Ankush. "Tourism and Hospitality Industry in BRIC Nations." In Opportunities and Challenges for Tourism and Hospitality in the BRIC Nations. IGI Global, 2017. http://dx.doi.org/10.4018/978-1-5225-0708-6.ch006.

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Travel and tourism is the largest service industry globally in terms of gross revenue, foreign exchange earnings and leading employment generators. More than two dozen nation's economic developments have been dependent on tourism and hospitality activities. Thus, most of the countries have realised that tourism and hospitality industry is the major engines of growth for developing their economies. The present study aims to analyse the contribution of BRIC (Brazil, Russia, India and China) nation in the area of travel and tourism. This study is based on WTTC reports on Travel and Tourism Econom
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Tian, Eugene, James Mak, and PingSun Leung. "THE DIRECT AND INDIRECT CONTRIBUTIONS OF TOURISM TO REGIONAL GDP: HAWAII." In Handbook of Tourism Economics. WORLD SCIENTIFIC, 2013. http://dx.doi.org/10.1142/9789814327084_0023.

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Seetanah, Boopen. "The Promise of Tourism and Its Performance." In The Oxford Handbook of the Mauritian Economy. Oxford University Press, 2025. https://doi.org/10.1093/oxfordhb/9780192856494.013.11.

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Abstract Like most small island economies, Mauritius is heavily dependent on the tourism industry. The tourism sector in Mauritius is believed to have played an instrumental role in its economic development and remains one of the main pillars of the economy. The development of this industry was part of the diversification strategy which Mauritius adopted in the 1960s to end the monocrop cane sugar economy. The sector has made decent progress. The direct contribution of the travel and tourism sector to GDP was over 8% of total GDP in 2019 and it contributed to over 12% of direct employment. Tou
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Mahour, Dr Pankaj. "PROSPECT OF TOURISM INDUSTRY IN INDIA." In Futuristic Trends in Management Volume 3 Book 22. Iterative International Publisher, Selfypage Developers Pvt Ltd, 2024. http://dx.doi.org/10.58532/v3bhma22p2ch5.

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Tourism encompasses various forms of travel, including recreational trips, business-related journeys, and leisure activities, typically of limited duration. Although often associated with international travel, the tourism industry can also involve travel within the same country. This sector plays a crucial role in driving economic growth and serves as a significant source of foreign exchange earnings in our nation. In fact, the travel and tourism industry stands as India's second-highest foreign exchange earner. Additionally, it contributes significantly to the process of national integration,
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Conference papers on the topic "Direct contribution of tourism to GDP"

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Lebedeva, S. A. "CONSEQUENCES OF PANDEMIC IN TOURISM. SOME WAYS TO RECOVER THE INDUSTRY." In Х Всероссийская научно-практическая конференция. Nizhnevartovsk State University, 2021. http://dx.doi.org/10.36906/fks-2020/32.

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The emergence of a new virus, that has hit the world, has dealt a devastating blow to the tourism industry. Months of downtime for airlines, hotels, and other tourist-oriented businesses have contributed to rising global unemployment and a colossal decline in the travel industry's contribution to global GDP. The fallout from the pandemic will naturally reshape the tourism market. The tourists’ demand will be more directed to the domestic market. The consumers will devote more attention to outdoor travel away from the cities and crowds of people.
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Kutsarov, Hristomir. "TOURISM UNDER PANDEMIC CONDITIONS: ANALYSIS, IDEAS AND MARKETING APPROACHES FOR RESTART." In TOURISM AND CONNECTIVITY 2020. University publishing house "Science and Economics", University of Economics - Varna, 2020. http://dx.doi.org/10.36997/tc2020.415.

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Tourism is one of the main industries in Bulgarian economy. Its direct and indirect contribution to GDP is around 13%, including annual revenue. The sector is among the most affected by the ever-changing epidemiological situation in different countries, the number of people infected with COVID-19, the anti-epidemic measures ruled by governments and the uncertain situation in the future. The report compares the past five summer seasons in the active months of May-August, on the indicator "visits of foreigners to Bulgaria for the purpose of travel - vacation and excursion" and "Number of complet
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Mikulić, Davor, Damira Keček, and Željko Lovrinčević. "EXAMINING THE IMPACT OF COVID-19 PANDEMIC ON TOURISM SECTOR USING INPUT-OUTPUT ANALYSIS: THE CASE OF CROATIA." In Tourism in Southern and Eastern Europe 2021: ToSEE – Smart, Experience, Excellence & ToFEEL – Feelings, Excitement, Education, Leisure. University of Rijeka, Faculty of Tourism and Hospitality Management, 2021. http://dx.doi.org/10.20867/tosee.06.29.

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Purpose – The purpose of the study is to determine the impact of COVID-19 pandemic on tourism and other economic sectors included in the tourism value chain in Croatia. The evaluation of total effects is important in order to evaluate effectiveness of policy measures introduced by Croatian government. Methodology – The estimation of COVID -19 effects on Croatian economy is based on standard input-output model. The open I-O model quantifies indirect effects generated in the tourism value added chain. Closed I-O model estimates induced effects related to the decrease in the net disposable income
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Krstinić Nižić, Marinela, and Ivan Butković. "CAN GENERATION Z IMPLEMENT SUSTAINABLE DEVELOPMENT IN TOURISM?" In Tourism in Southern and Eastern Europe 2023: Engagement & Empowerment: A Path Toward Sustainable Tourism. University of Rijeka, Faculty of Tourism and Hospitality Management, 2023. http://dx.doi.org/10.20867/tosee.07.16.

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Purpose – In the context of tourism, which is strongly focused on service delivery and a direct relationship with guests, employees can play a key role in implementing sustainability. The purpose of this paper is to investigate the attitudes of students, i.e. Generation Z (1995-2002), as new employees entering the labor market and their role in the implementation of sustainable development in tourism. Methodology – A qualitative survey was conducted on a sample of 100 students from all years of study at the Faculty of Tourism and Hospitality Management (N=100) University of Rijeka. The survey
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Gençler, Funda, and İsmail Bircan. "Contribution of the Agriculture Sector in Sustainable Development in Eurasian Countries: Evaluating Risks and Opportunities." In International Conference on Eurasian Economies. Eurasian Economists Association, 2012. http://dx.doi.org/10.36880/c03.00531.

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If the economic performance of the Eurasian countries are to be evaluated, the significant positive impact of the rich natural resources used in energy pruduction deserve the central attention. However, agriculture sector still has a great influence on economy. According to the statistics; Azerbaijan’s agricultural exports have jumped by almost US$500 million in the last ten years, now totaling to almost half its Gross Domestic Product. Kazakhstan and Uzbekistan contribution to GDP is roughly 27% by agriculture sector. For the rest, similar characteristics can be seen as well. Agriculture sect
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DRĂCEA, Raluca, and Laura CIOBANU. "THE CONTRIBUTION OF THE AGRICULTURAL SECTOR TO ECONOMIC GROWTH IN ROMANIA." In Competitiveness of Agro-Food and Environmental Economy. Editura ASE, 2022. http://dx.doi.org/10.24818/cafee/2019/8/08.

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Although agriculture is one of the main economic sectors of Romania, its contribution to GDP has constantly decreased over the last 28 years, from 23.00% in 1989 to 4.37% in 2017. This phenomenon is explained by the fact that Romania’s economy past from being an economy based on an agricultural structure to one based on services. Even though the contribution of agriculture to GDP formation is declining, Romania still has the largest share of the agricultural sector in the GDP structure from all the countries of the European Union – about 3 times higher than the European average, and also the h
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Mujačević, Elvis. "An Overview of Foreign Direct Investments in Tourism and Hospitality Industry." In 9th International Scientific Conference ERAZ - Knowledge Based Sustainable Development. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2023. http://dx.doi.org/10.31410/eraz.2023.335.

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Tourism is one of the leading economic sectors of our time. The Tourism Investment report by fDi Intelligence of the Financial Times shows the link between foreign direct investment in tourism as a driver of job creation and economic growth worldwide. In an increasingly interconnected global economy, foreign direct investments (FDI) play a pivotal role in shaping the growth trajectory of various sectors. One such sector that has witnessed a substantial impact from FDI is tourism, a thriving industry that not only con­tributes significantly to a nation’s GDP but also plays a pivotal role in job
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Bogachkova, Lyudmila, Olga Oleynik, and Arina Shevelyushkina. "Pandemic Contraction and Recovery of the Russian Tourism Industry in 2019-2021 against the Backdrop of Other G20 Countries." In 7th International Scientific Conference ITEMA Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2023. http://dx.doi.org/10.31410/itema.2023.83.

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The paper highlights the significance of tourism sector support measures in modern Russian economic policy. Special attention is given to an aggregate indicator of tourism’s contribution to the economy. This indicator has been calculated taking into account the share of tourism in the country’s GDP; the share of tourism in the total number of jobs; the share of tourism in total export revenues. The research is based on the data of the World Travel and Tourism Council. The effects of the pandemic and the subsequent recov­ery of the industry have been described using the 2019 indices of the comp
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Ianeva, Mariana, Stiliyana Basmadzhieva, Violeta Doneva, and Ralitsa Georgieva. "CONSULTING ASSESSMENT OF THE POTENTIAL FOR DEVELOPMENT OF HEALTH TOURIST AREAS: THE CASE OF BULGARIA." In Tourism and hospitality industry. University of Rijeka, Faculty of Tourism and Hospitality Management, 2023. http://dx.doi.org/10.20867/thi.26.17.

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The study is based on current trends in the global development of Health Tourism and the emerging demand for services related to health, rehabilitation, and health prevention, as well as the high concentration of resources in the tourist regions of Bulgaria. A huge potential for development of the tourist destinations beyond the known ones, is emerging; all thanks to more than 3,500 mineral springs found in Bulgaria. Purpose – the study aims exploring the possibility of economic use of mineral water resources in favor of tourism and the incorporation of great amount of unusable resources withi
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Čičin-Šain, Dijana, Sonja Brlečić Valčić, and Sandra Janković. "INTERDEPENDENCE OF SUSTAINABILITY FACTORS IN TOURISM IN THE CONTEXT OF SUSTAINABILITY REPORTING." In Tourism in Southern and Eastern Europe 2023: Engagement & Empowerment: A Path Toward Sustainable Tourism. University of Rijeka, Faculty of Tourism and Hospitality Management, 2023. http://dx.doi.org/10.20867/tosee.07.4.

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Purpose – The purpose of the paper is to determine the interdependence of factors that affect sustainability in the EU Mediterranean tourist countries with regards to priorities and requirements for tourism businesses in the context of sustainable reporting, improving the economic conditions and quality of life of the local residents and, respectively, sustainable tourism development. Methodology – On a sample of 9 countries, 16 essential Eurostat parameters of sustainability and quality of life in tourist countries were connected using method of hierarchical clustering or dendrograms to creat
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Reports on the topic "Direct contribution of tourism to GDP"

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Cicowiez, Martin, Emily Morris, and Onil Banerjee. Boosting Tourism's Contribution to Growth and Development: Analysis of Evidence. Inter-American Development Bank, 2017. http://dx.doi.org/10.18235/0011803.

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In this study we develop an evidence-based tool to help to guide policy and investment choices, to maximize developmental returns from tourism. Specifically, we develop a tourism-extended social accounting matrix and computable general equilibrium and microsimulation models customized for tourism investment analysis. To demonstrate the approach, we develop these data structures for Belize, at both national and regional levels. The framework developed herein can be used to quantify the direct and indirect, and short- and long-run impacts of tourism investments. Anticipating application of the a
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Monetary Policy Report - January 2023. Banco de la República, 2023. http://dx.doi.org/10.32468/inf-pol-mont-eng.tr1-2023.

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1. Macroeconomic Summary In December, headline inflation (13.1%) and the average of the core inflation measures (10.3%) continued to trend upward, posting higher rates than those estimated by the Central Bank's technical staff and surpassing the market average. Inflation expectations for all terms exceeded the 3.0% target. In that month, every major group in the Consumer Price Index (CPI) registered higher-than-estimated increases, and the diffusion indicators continued to show generalized price hikes. Accumulated exchange rate pressures on prices, indexation to high inflation rates, and sever
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