Write an essay on the topic "How can tourism contribute to economic
development?" (Word limit- 300 words)
Write a paragraph on the topic "An NGO for the street or the abandoned
children." Give the details of the NGO and the programmes undertaken by it to
protect them. (Word limit- 150 words)
You forgot to do your English homework. Write a formal letter to your teacher
apologising to her for your negligence. Express your regret, and explain to he
how you will ensure that this does not repeat.
Complete the given story in about 150 to 200 words and add a suitable title:
There was a slight movement in front of him. The boy looked up and gasped.
Standing in front of him was......
please answer this question I beg you.
Answers
Explanation:
TOURISM AS AN ECONOMIC DEVELOPMENT TOOL
I. Tourism and the Economy in General
The most important economic feature of activities related to the tourism sector is that they contribute to three high-priority goals of developing countries: the generation of income, employment, and foreign-exchange earnings. In this respect, the tourism sector can play an important role as a driving force of economic development. The impact this industry can have in the different stages of economic development depends on the specific characteristics of each country. Given the complexity of tourism consumption, its economic impact is felt widely in other production sectors, contributing in each case toward achieving the aims of accelerated development.
A major difficulty in defining the boundaries of the tourism sector is to ascertain what investment costs should be ascribed to the development of tourism. Although heretofore not treated by international agencies as a “sector” in national accounting terms, tourism entails a collection of goods and services that are provided specifically for visitors and would not have been provided otherwise.
Because of its interdependence with other sectors of the economy, it is difficult to analyze and plan for tourism. The lack of reliable statistical data hampers identification of the mechanisms by which tourism generates growth, as well as its potential for development. Yet, in those instances where analysis has been carried out and research has preceded planning, tourism’s priority in competing for scarce investment funds has been established. In these cases, long-term programs for tourism development have been designed.
Nature and heritage tourism development has investment needs that differ, in certain respects, from traditional tourist hotel development. There may be a greater need to improve access to the attraction site or facility, and for a mode of development that does not interfere with a sensitive habitat or historic area.
a. Elements of Supply and Demand
Three primary factors influence the level of nature and heritage tourism demand: overall tourism growth, the growth in specialty travel, and increasing awareness of and concern for the environment. Each of these factors is in turn influenced by a number of elements. Overall tourism, for instance, is expected to continue to grow more rapidly than world economic output as a result of factors such as population growth, rising incomes and employment, shorter work weeks in many parts of the world, and the increasing integration of the world’s economies and societies. The rapid growth of specialty travel is fueled by some of the same factors, but there are a number of additional explanations: the boom in outdoor recreation and the new interest in health and fitness, for example. Environmentalism is another of the elements that have changed people’s attitudes about how they should spend their vacations.
b. Tourism and GDP
The tourism sector in the Latin American and Caribbean countries contributes significantly to GDP earnings, though this contribution is not reflected in the domestic income and product accounts of most countries. In the Bahamas, tourism accounts for about one-third of GDP, and most sectors of economic activity are directly or indirectly linked to it. In Barbados, tourism is the leading economic sector, accounting for 15 percent of the GDP in 1992. In Jamaica, the tourism contribution to GDP was 13.4 percent in 1992, while in Mexico it was only 4 percent.
Not all tourism receipts are retained within the economy. In fact, there is an outflow of foreign exchange for some of the goods and services consumed by visitors, as well as for capital goods invested in tourism and for payments abroad. Import needs depend on the level of development and the degree of diversification of a country’s economy. These needs are also dependent on the availability of substitutes for imported products and on the qualitative level of the tourist supply in each country.
c. Tourist Income Multiplier and Value-Added
The tourist income multiplier (tim) is a coefficient that expresses the amount of income generated by a unit of tourism expenditure.6 In Jamaica, a stopover visitor spending one dollar creates a ripple effect of US$1.60 within the local economy, while a dollar spent by a cruise-ship visitor generates US$1.20. In the Dominican Republic, the tim has been estimated at US$1.70.
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