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A Recovery for Whom? The Case of the Greek Tourism Sector

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  • Vlassis Missos
  • Nikolaos Rodousakis
  • George Soklis

Abstract

The COVID-19 pandemic has revealed multiple risks faced by economies whose production structures depend on the volatility of international conditions. In the case of Greece, this has manifested itself in the severe impact the pandemic has had on one of the linchpins of the Greek economy: the tourism sector. Vlassis Missos, Nikolaos Rodousakis, and George Soklis document the impact of the pandemic on tourism and the significance of tourism revenues for Greece's 2021 GDP recovery. They argue that the distributional effect of the tourism sector plays a significant role in overall income inequality in Greece and develop a number of policy recommendations aiming to correct some of the problematic aspects of the country's tourism sector.

Suggested Citation

  • Vlassis Missos & Nikolaos Rodousakis & George Soklis, 2021. "A Recovery for Whom? The Case of the Greek Tourism Sector," Economics Policy Note Archive 21-4, Levy Economics Institute.
  • Handle: RePEc:lev:levypn:21-4
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    File URL: http://www.levyinstitute.org/pubs/pn_2021_4.pdf
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    Cited by:

    1. Vlassis Missos & Nikolaos Rodousakis & George Soklis, 2022. "A Race to the Bottom: Measuring Income Loss and Poverty in Greece," Economics Policy Note Archive 22-2, Levy Economics Institute.

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