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Going Viral: A Gravity Model of Infectious Diseases and Tourism Flows
This paper develops a gravity model framework to estimate the impact of infectious diseases on bilateral tourism flows among 38,184 pairs of countries over the period 1995–2017. The results confirm that international tourism is adversely affected by disease risk, and the magnitude of this negative effect is statistically and economically significant. In the case of SARS, for example, a 10 percent rise in confirmed cases leads to a reduction of as much as 9 percent in tourist arrivals. Furthermore, while infectious diseases appear to have a smaller and statistically insignificant negative effect on tourism flows to advanced economies, the magnitude and statistical significance of the impact of infectious diseases are much greater in developing countries, where such diseases tend to be more prevalent and health infrastructure lags behind.
Therapy in Colour
If you are seeking to create a more intersectional, anti-racist, and inter-cultural approach to therapy, this edited collection emerging from the Black, African and Asian Therapy Network is an invaluable resource for your practice. This collection covers topics such as the psychological trauma of racism, the various barriers to accessing support for mental health and the lived experience of Black, African, or Asian people in a profession that is still dominated by Eurocentric perspectives, training, and practice. Each contribution further reinforces the importance and benefit of having an intersectional, anti-racist, and inter-cultural approach to your therapeutic practice and contains insig...
South Asia's Path to Resilient Growth
South Asia’s Path to Sustainable and Inclusive Growth highlights the remarkable development progress in South Asia and how the region can advance in the aftermath of the COVID-19 pandemic. Steps include a renewed push toward greater trade and financial openness, while responding proactively to the distributional impact and dislocation associated with this structural transformation. Promoting a green and digital recovery remains important. The book explores ways to accelerate the income convergence process in the region, leveraging on the still-large potential demographic dividend in most of the countries. These include greater economic diversification and export sophistication, trade and foreign direct investment liberalization and participation in global value chains amid shifting regional and global conditions, financial development, and investment in human capital.
Estimating Digital Infrastructure Investment Needs to Achieve Universal Broadband
We develop a detailed model to evaluate the necessary investment requirements to achieve affordable universal broadband. The results indicate that approximately $418 billion needs to be mobilized to connect all unconnected citizens globally (targeting 40-50 GB/Month per user with 95 percent reliability). The bulk of additional investment is for emerging market economies (73 percent) and low-income developing countries (24 percent). We also find that if the data consumption level is lowered to 10-20 GB/Month per user, the total cost decreases by up to about half, whereas raising data consumption to 80-100 GB/Month per user leads to a cost increase of roughly 90 percent relative to the baseline. Moreover, a 40 percent cost decrease occurs when varying the peak hour quality of service level from the baseline 95 percent reliability, to only 50 percent reliability. To conclude, broadband policy assessments should be explicit about the quantity of data and the reliability of service provided to users. Failure to do so will lead to inaccurate estimates and, ultimately, to poor broadband policy decisions.
Exploring the Adoption of Selected Digital Technologies in Tax Administration
Using cross-country data, this note explores the potential impact of selected digital technologies on tax collection and compliance. The analysis makes use of multi-dimensional International Survey on Revenue Administration, Tax Administration Diagnostic Assessment Tool, and Revenue Administration-Gap Analysis Program (RA-GAP) data with results indicating that digital technologies could help enhance tax collection, but with effects that vary by the type of specific digital service or tools introduced. While the results demonstrate a strong association between digital tax administration operations and improved performance outcomes, the realization of revenue gains is heavily contingent on acc...
Firm-Level Digitalization and Resilience to Shocks: Role of Fiscal Policy
Firm-level Digitalization and Resilience to Shocks: Role of Fiscal Policy
Towards Gender Equity in Development
As a result of widespread mistreatment and overt discrimination, women in the developing world often lack autonomy. This book explores key sources of female empowerment and discusses the current challenges and opportunities for the future.
A Biography of the Prophet of Islam
This work on the life history of the Prophet (S) stands out from other works in quite a few ways. First, every detail mentioned has been traced back to original sources, whose authenticity has been discussed extensively in the footnotes. Second, the events of the Prophet's life have been related to modern times and lessons drawn for the benefit of those who happen to face similar situations in their struggle to spread the Prophetic message.
Peru
Peru: Selected Issues
IMF Research Perspectives
Where do we go from here? The Fall-Winter 2020 issue of the IMF Research Perspectives considers this question and analyzes the impact of the COVID-19 pandemic. The research showcased in this issue looks at the history of social unrest in the aftermaths of pandemics, discusses the inequalities of telework, places COVID and lending conditions under the microscope, and examines how economic activity has been shaped by people’s reaction to the virus and the resulting policy measures.
