China’s financing and investment spread across 61 BRI countries in 2023 (up...
2024-02-27 31 英文报告下载
Tourism was another of the sectors most affected by the pandemic. According to the World Tourism Organization barometer, international tourist arrivals fell by 70% in January–August 2020 compared to the same period in 2019. That means 700 million fewer international tourist arrivals a loss of $730 billion in revenue – more than eight times the loss recorded in 2009 due to the impact of the global economic crisis. That the prospects for recovery in the first half of 2021 do not seem encouraging leaves some economies and territories that overly depend on tourism in a very delicate situation. Thailand is a paradigmatic case, where the unprecedented contraction of its economy fuelled a new wave of protests in late 2020. It is a precedent that will raise alarms in other tourist destinations in the Mediterranean and Caribbean. Alongside this immediate concern, many of these countries will have to address the debates on tourism sustainability and economic recovery and diversification strategies, while at the same time handling the social consequences of any change.
Consumption is another area where habit changes have accelerated. The blow has been especially hard in sectors like catering, culture and retail. In terms of the model, it has also called into question the attractiveness of the large commercial spaces that have come to shape half of the world’s urban planning. Numerous articles and reports argue that traders should not bet on a return to pre-pandemic normality but commit to realigning their business model. What are the challenges at international level? The coronavirus crisis has given a major spur to the delivery industry and the phenomenon of delivery riders has placed the focus back on working conditions, with governments and policymakers all looking to each other for the best solution. As we shall see below, lockdown has also been a springboard for the digital giants, increasing the urgency for governments to control monopolistic tendencies, ensure consumer protection and prevent fiscal haemorrhaging. Achieving this would require some degree of international coordination.
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