Economic impact of COVID-19 on tourism and remittances: Insights from Egypt

Using the SAM multiplier model for Egypt, we simulate the individual and combined effects of a collapse in the tourism sector and reductions in Suez Canal revenues and in foreign remittances under more and less pessimistic scenarios. SAM multiplier models are well-suited to measuring short-term dire...

Descripción completa

Detalles Bibliográficos
Autores principales: Breisinger, Clemens, Latif, Abla Abdel, Raouf, Mariam, Wiebelt, Manfred
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/143157
_version_ 1855529039296462848
author Breisinger, Clemens
Latif, Abla Abdel
Raouf, Mariam
Wiebelt, Manfred
author_browse Breisinger, Clemens
Latif, Abla Abdel
Raouf, Mariam
Wiebelt, Manfred
author_facet Breisinger, Clemens
Latif, Abla Abdel
Raouf, Mariam
Wiebelt, Manfred
author_sort Breisinger, Clemens
collection Repository of Agricultural Research Outputs (CGSpace)
description Using the SAM multiplier model for Egypt, we simulate the individual and combined effects of a collapse in the tourism sector and reductions in Suez Canal revenues and in foreign remittances under more and less pessimistic scenarios. SAM multiplier models are well-suited to measuring short-term direct and indirect impacts of unanticipated, rapid-onset demand- or supply-side economic shocks such as those caused by the COVID-19 pandemic. We model the demand shocks as the anticipated reductions in tourism, Suez Canal, and remittances revenues.
format Book Chapter
id CGSpace143157
institution CGIAR Consortium
language Inglés
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1431572025-11-06T04:09:03Z Economic impact of COVID-19 on tourism and remittances: Insights from Egypt Breisinger, Clemens Latif, Abla Abdel Raouf, Mariam Wiebelt, Manfred models economic situation economic impact covid-19 tourism remittances economic crises household income food security Using the SAM multiplier model for Egypt, we simulate the individual and combined effects of a collapse in the tourism sector and reductions in Suez Canal revenues and in foreign remittances under more and less pessimistic scenarios. SAM multiplier models are well-suited to measuring short-term direct and indirect impacts of unanticipated, rapid-onset demand- or supply-side economic shocks such as those caused by the COVID-19 pandemic. We model the demand shocks as the anticipated reductions in tourism, Suez Canal, and remittances revenues. 2020-06-01 2024-05-22T12:12:16Z 2024-05-22T12:12:16Z Book Chapter https://hdl.handle.net/10568/143157 en https://doi.org/10.2499/p15738coll2.133762 https://doi.org/10.2499/p15738coll2.133663 https://doi.org/10.2499/p15738coll2.134673 https://www.ifpri.org/blog/economic-impact-covid-19-tourism-and-remittances-insights-egypt Open Access application/pdf International Food Policy Research Institute Breisinger, Clemens; Latif, Abla Abdel; Raouf, Mariam; and Wiebelt, Manfred. 2020. Economic impact of COVID-19 on tourism and remittances: Insights from Egypt. In COVID-19 and global food security, eds. Johan Swinnen and John McDermott. Part Three: Labor restrictions and remittances, Chapter 12, Pp. 56-59. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.133762_12.
spellingShingle models
economic situation
economic impact
covid-19
tourism
remittances
economic crises
household income
food security
Breisinger, Clemens
Latif, Abla Abdel
Raouf, Mariam
Wiebelt, Manfred
Economic impact of COVID-19 on tourism and remittances: Insights from Egypt
title Economic impact of COVID-19 on tourism and remittances: Insights from Egypt
title_full Economic impact of COVID-19 on tourism and remittances: Insights from Egypt
title_fullStr Economic impact of COVID-19 on tourism and remittances: Insights from Egypt
title_full_unstemmed Economic impact of COVID-19 on tourism and remittances: Insights from Egypt
title_short Economic impact of COVID-19 on tourism and remittances: Insights from Egypt
title_sort economic impact of covid 19 on tourism and remittances insights from egypt
topic models
economic situation
economic impact
covid-19
tourism
remittances
economic crises
household income
food security
url https://hdl.handle.net/10568/143157
work_keys_str_mv AT breisingerclemens economicimpactofcovid19ontourismandremittancesinsightsfromegypt
AT latifablaabdel economicimpactofcovid19ontourismandremittancesinsightsfromegypt
AT raoufmariam economicimpactofcovid19ontourismandremittancesinsightsfromegypt
AT wiebeltmanfred economicimpactofcovid19ontourismandremittancesinsightsfromegypt