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Businesses Working With Slavery Survivors in India Seek Ways To Offset COVID
A trafficking survivor, 35-year-old Chalwadi has been looking for new clients since businesses started reopening as India gradually exited from a 11-week COVID-19 total lockdown, with many restrictions still in place across the country.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Asia Pacific
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Analysis: COVID-19 Response in Emerging Market Economies: Conventional Policies and Beyond
The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. Yet, conventional policies are reaching their limit and unorthodox policies are not without risks.
- Categories
- Coronavirus, Finance
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Africa’s Fast-Growing Tourism Industry Could Lose up to $120 Billion and Millions of Jobs
“Tourism is one of the largest industries worldwide and provides 7% of Africa’s GDP,” says Dr. Annika Surmeier, an economic geographer working at the University of Manchester and the University of Cape Town. “National lockdowns and travel bans to reduce the spread of Covid-19 had devastating effects on the tourism industry and hundreds of thousands of people, often women or people from poor communities, have lost their jobs.”
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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Interview: Rwanda Harnesses Technology to Fight COVID-19, Drive Recovery
In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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How Will Tourism in LMICs Change Post-COVID?
The challenges for the tourism sector in LMICs — compared to high-income countries — is the lack of financial support available to assist tourism businesses as they wait for the pandemic to ease and tourists to return.
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Accessible Tourism for the Disabled: Developing a Valuable Untapped Market in Emerging Economies
The rights and wellbeing of people with disabilities is becoming a more urgent global priority. And according to Sourajit Aiyer at South Asia Fast Track Sustainability Communications, there is also a compelling business case for serving this market through accessible tourism. He explores the growth and potential of these services in emerging countries around the world.
- Categories
- Entrepreneurship
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Africa’s Tourism Sector Loses $55 Billion to COVID-19 Pandemic
The African Union has hinted that tourism destinations in Africa have collectively lost $55 billion in travel and tourism revenue.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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Coronavirus Triggers Dollar Drain in Big Emerging Markets
Plunging foreign reserves in Turkey, Indonesia threaten global crisis
- Categories
- Coronavirus, Finance
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