The moderating role of monetary policy in the nexus between inflation and tourism demand in South Africa

While tourism is considered an engine of economic growth and development, macroeconomic crises, such as high inflation, can negatively impact the sector. However, monetary policy (MP) can play a significant role in mitigating the effects of inflation on tourism. This study aims to explore the moderating role of MP in the inflation–tourism demand nexus in South Africa.

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