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Short-haul leisure travel leads the tourism recovery

Location:

INT

Tourism should rebound by 2024; structural shifts mean the shape and pace of the rebound will vary by region and sector

Tourism in south Europe is unlikely to recover soon

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EUROPE

COVID-19 uncertainty and the risks of foreign travel will undermine the tourism recovery in southern Europe

For recovery to firm, Greek domestic demand must rise

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GREECE

The Greek economy grew by 2.3% year-on-year in January-March, encouraging hopes of a sustained recovery

Middle East tourism depends on socio-political factors

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MIDDLE EAST

Tourism, a key driver of Middle Eastern economies, is recovering slowly from the COVID-19-induced lows of April 2020

Uneven vaccine roll-outs will widen recovery gaps

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INT

Budgetary, logistical and political constraints will shape what economic recovery path individual countries can adopt

Trade performance will be key to the recovery of GDP

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INT

GDP contracted across the world in the second quarter and the shape and size of recession varied widely by region

Latin America’s pandemic recovery will be patchy

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LATIN AMERICA

A strong bounceback from the pandemic in some parts of the region may be temporary, even as others still struggle

Risks and opportunities 2021: Global economy

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INTERNATIONAL

Economic and health policies are key to the West and many developing nations emerging swiftly from double-dip recession

Many middle-income states face a fragile recovery

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INT

The G20 summit pledged vaccine equity to help low-and-middle-income nations, but not broader economic commitments

Caribbean countries face looming challenges

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CARIBBEAN

After strong post-pandemic recovery in many countries, growth will slow this year and next