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Global and local effects of the COVID-19 pandemic on Africa: What role does tourism play?

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  • Feuerbacher, Arndt
  • Flaig, Dorothee

Abstract

The COVID19 pandemic has caused an unprecedented decline in global economic growth. COVID19 effects on an economy are numerous, including global and local effects. This study focusses on the pandemic’s impacts on the African continent with the interest to understand how the continent’s integration within the world economy and its dependency on income from tourism determines the severity of the pandemic’s impacts. We are, i.e., interested to identify the global channels that are most vulnerable to distortion and their impact on local welfare. To this end, we report an adapted conceptual framework to identify the main impact channels of the COVID19 pandemic. Based on this framework we employ stylised shocks to single out the different impact channels, thus decomposing GDP effects. These stylised scenarios are informed by the literature on the magnitude of shocks induced by COVID19.

Suggested Citation

  • Feuerbacher, Arndt & Flaig, Dorothee, 2021. "Global and local effects of the COVID-19 pandemic on Africa: What role does tourism play?," Conference papers 333269, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:333269
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    References listed on IDEAS

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    1. Sena Amewu & Seth Asante & Karl Pauw & James Thurlow, 2020. "The Economic Costs of COVID-19 in Sub-Saharan Africa: Insights from a Simulation Exercise for Ghana," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(5), pages 1353-1378, December.
    2. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 2020. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 94-137.
    3. Brinca, Pedro & Duarte, Joao B. & Faria-e-Castro, Miguel, 2021. "Measuring labor supply and demand shocks during COVID-19," European Economic Review, Elsevier, vol. 139(C).
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