Travel & Tourism's Enormous Economic Contribution
Author | : Michael J. Boskin |
Publisher | : |
Total Pages | : 11 |
Release | : 1995 |
Genre | : Tourism |
ISBN | : |
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Author | : Michael J. Boskin |
Publisher | : |
Total Pages | : 11 |
Release | : 1995 |
Genre | : Tourism |
ISBN | : |
Author | : Elizabeth Becker |
Publisher | : Simon and Schuster |
Total Pages | : 464 |
Release | : 2016-02-23 |
Genre | : Business & Economics |
ISBN | : 1439161003 |
"Travel is no longer a past-time but a colossal industry, arguably one of the biggest in the world and second only to oil in importance for many poor countries. One out of 12 people in the world are employed by the tourism industry which contributes $6.5 trillion to the world's economy. To investigate the size and effect of this new industry, Elizabeth Becker traveled the globe. She speaks to the Minister of Tourism of Zambia who thinks licensing foreigners to kill wild animals is a good way to make money and then to a Zambian travel guide who takes her to see the rare endangered sable antelope. She travels to Venice where community groups are fighting to stop the tourism industry from pushing them out of their homes, to France where officials have made tourism their number one industry to save their cultural heritage; and on cruises speaking to waiters who earn $60 a month--then on to Miami to interview their CEO. Becker's sharp depiction reveals travel as a product; nations as stewards. Seeing the tourism industry from the inside out, the world offers a dizzying range of travel options but very few quiet getaways"--
Author | : Ms.Manuela Goretti |
Publisher | : International Monetary Fund |
Total Pages | : 115 |
Release | : 2021-02-19 |
Genre | : Business & Economics |
ISBN | : 1513561901 |
This departmental paper analyzes the impact of the COVID-19 pandemic on tourism in the Asia Pacific region, Latin America, and Caribbean countries. Many tourism dependent economies in these regions, including small states in the Pacific and the Caribbean, entered the pandemic with limited fiscal space, inadequate external buffers, and foreign exchange revenues extremely concentrated in tourism. The empirical analysis leverages on an augmented gravity model to draw lessons from past epidemics and finds that the impact of infectious diseases on tourism flows is much greater in developing countries than in advanced economies.
Author | : |
Publisher | : Intelligence Centre Pacific Asia Travel Association |
Total Pages | : 92 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : |
Author | : Adrian Bull |
Publisher | : Longman Publishing Group |
Total Pages | : 284 |
Release | : 1995 |
Genre | : Eksternaliteter |
ISBN | : |
Suitable for BTEC/HND and undergraduate courses in tourism and related disciplines
Author | : International Union of Official Travel Organisations |
Publisher | : |
Total Pages | : 190 |
Release | : 1975 |
Genre | : Tourism |
ISBN | : |
Author | : West Virginia University |
Publisher | : |
Total Pages | : 344 |
Release | : 1981 |
Genre | : Economic development |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Business, Trade, and Tourism |
Publisher | : |
Total Pages | : 160 |
Release | : 1982 |
Genre | : Tourism |
ISBN | : |
Author | : Mr.Alexander Culiuc |
Publisher | : International Monetary Fund |
Total Pages | : 46 |
Release | : 2014-05-12 |
Genre | : Business & Economics |
ISBN | : 1484383133 |
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the destination country’s real exchange rate, along both extensive (tourist arrivals) and intensive (duration of stay) margins. OECD countries generally exhibit higher elasticties with respect to economic variables (GDPs of the two economies, real exchange rate, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the country’s real exchange rate, but more susceptible to the introduction/removal of direct flights.
Author | : Henry Chike Okonkwo |
Publisher | : GRIN Verlag |
Total Pages | : 94 |
Release | : 2014-07-16 |
Genre | : Travel |
ISBN | : 365669835X |
Project Report from the year 2014 in the subject Tourism - Miscellaneous, grade: Satisfactory, , course: Masters of Business Administration, language: English, abstract: This research project is however more in tune with the essence of tourism to developed and developing economies of the world. It seeks to particularly examine the subject matter of tourism and its socio-economic contributions to Nigeria and the small Island of North Cyprus. Topical issues on the effect of tourism on the GDP, employment, foreign exchange earnings, investment, regional impacts, tourism contribution to taxation, tourism impact on other industries/ sectors are also delved into. Furthermore, this paper also considers discuss on the relative importance of domestic tourism and international tourism to Nigeria and North Cyprus, and the areas of strength and opportunities, weaknesses and threats as affecting tourism potentials and development in both countries. The theoretical framework for this paper is premised on the theoretical ideology of functionalism. Its research methodology is founded on the social survey method for a research design; data were collected from respondents both online and offline with the aid of semi - structured questionnaires. Data collected from respondents are presented, interpreted and analyzed, with further discussions carried out on the finding, sequel to a conclusion and recommendations following. For the sake of emphasis, we find that corruption is largely blamed to be responsible for infrastructural decay in Nigeria. The Northern Cyprus and the Nigerian respondents’ in this study both assets to tourism benefits such as employment creation. The citizens of both countries share a similar propensity to travel outside the shores of their own countries and that tourism to both countries can be immense.