Efforts to improve public governance are gradually bolstering confidence in Papua New Guinea’s economy, despite national performance being heavily dependent on the extractive industries. Backed by macroeconomic development plans, Prime Minister James Marape’s administration is seeking to improve debt management, reduce foreign exchange imbalances, widen access to social services and provide greater employment opportunities.
Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum. With the global middle class estimated by the US-based think tank Brookings Institution to be...
Tunisia has a long and illustrious history of craftsmanship, boasting some 76 craft specialities, including pottery, weaving, tapestry, embroidery, basketry and jewellery-making. The industry, which sells its goods primarily to tourists in the country’s traditional souqs (shops or boutiques), was significantly impacted by the slump in...
Tunisia has over 1200 km of coastline to the north and east, and is bordered by desert and oasis to the west, allowing it to enjoy a mild Mediterranean climate. With over 30,000 archaeological sites around the country, it offers a wide array of tourism options.
With heightened security measures raising tourist confidence and a weak dinar making holidays in Tunisia increasingly attractive, the tourism sector is seeing a renaissance. However, in order for this growth to be sustainable, investment is needed to modernise and improve supporting infrastructure. Furthermore, most historic or cultural sites require a significant influx of restoration funds...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×