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Aparna
Aparna

Aparna

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Aparna
Asked: October 19, 20212021-10-19T14:43:51+05:30 2021-10-19T14:43:51+05:30In: Economics

What is Travel Bubble?

What is Travel Bubble?

current affairsinfrastructure
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      [Deleted User]
      2021-10-19T15:03:21+05:30Added an answer on October 19, 2021 at 3:03 pm

      Context:

      In order to put economies back on track post-COVID lockdown, the Baltic countries of Estonia, Latvia, and Lithuania started a ‘travel bubble’.

      About:

      • Creating a travel bubble involves reconnecting countries or states that have shown a good level of success in containing the novel coronavirus pandemic domestically.
      • The notion is simple: Two or more countries that have successfully curtailed COVID-19 agree to create a bubble. People who live inside the bubble could then travel freely and avoid a mandatory self-quarantine requirement.
      • Potential travel bubbles among better-performing countries around the world would account for around 35 percent of the global GDP.
      •  Such arrangements are especially being favored by smaller countries, who are likely to benefi t after being able to trade again with larger partners.

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