Tourism has yet to recover in Asia and the Pacific, but a few green shoots can help us understand how best to heal the sector.
Reizle Platitas is a consultant in ADB’s Macroeconomic Research Division. Her research experience includes applications of Input-Output analysis to assess the macroeconomic impact of US-PRC Trade conflict and the COVID-19 pandemic in developing Asia. She is a contributor to ADB publications like Key Indicators and Asian Development Outlook (ADO) on topics in global value chains, diversification, and international trade.
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A range of factors have helped Asia’s supply chains weather the pandemic better than those in other parts of the world. Vigilance is needed to maintain these vital trade links.