School of Economics, University of Nottingham Malaysia, Semenyih, Selangor, Malaysia.
Department of Innovation in Government & Society, College of Business and Economics, United Arab Emirates University, Al Ain, United Arab Emirates.
PLoS One. 2023 Aug 29;18(8):e0287384. doi: 10.1371/journal.pone.0287384. eCollection 2023.
The COVID-19 outbreak has had a catastrophic effect on the tourism sector and poverty alleviation efforts. This is especially the case, given the crucial role the tourism sector plays in poverty alleviation and the generation of foreign exchange earnings. This study investigates the moderating influence of extreme poverty on the underlying link between the size of the tourism industry and COVID-19 Economic Stimulus Packages (ESPs) while accounting for the influence of external debt. The results show that tourism-dependent economies with a larger share of individuals living in extreme poverty introduced larger ESPs to cushion the impacts of the COVID-19 outbreak. In addition, economies with larger external debt have less fiscal and monetary leeway to alleviate the negative effects of the COVID-19 outbreak.
新冠疫情对旅游业和减贫工作造成了灾难性的影响。考虑到旅游业在减贫和创造外汇收入方面的关键作用,这种情况尤其如此。本研究调查了极端贫困对旅游业规模与 COVID-19 经济刺激计划(ESP)之间内在联系的调节作用,同时考虑了外债的影响。结果表明,依赖旅游业且有更多极端贫困人口的经济体推出了更大规模的 ESP,以缓解 COVID-19 爆发的影响。此外,外债规模较大的经济体在财政和货币方面缓解 COVID-19 爆发负面影响的回旋余地较小。