A new study by the Inter-American Bank (IDB) says Latin America and the Caribbean (LAC) will suffer “an unprecedented economic shock” from a sharp downturn in tourism as a result of the coronavirus (COVID-19) pandemic. The report, “Extreme Outlier: The Pandemic’s Unprecedented Shock to Tourism in Latin America and the Caribbean,” launches a new global Tourism Dependency Index for countries, including 35 Latin American and Caribbean economies.
