tourism and economic aspects

Economic Aspects of Tourism

The most beautiful places in the world would attest to the fact that tourism is an essential part of the economy . Tourism does not only necessitate tremendous investments in the form of payments toward the upkeep of tourist spots but this industry also has the power to change economies in a positive mode . This research serves to identify the economic benefits of tourism in an all-inclusive discussion about the economic aspects of this industry . The emphasis of this study lies in the essentiality of tourism to the global

economy

Annotated Bibliography

Ackbarally , Nasseem , and Neil Ford . Boom Time for African Tourism African Business Issue

318 (March 2006

Nasseem Ackbarally and Neil Ford have written a scholarly article Boom Time for African Tourism ' discussing the resilience of the African tourism industry against worldwide threats of terrorism and high aviation fuel costs . In 2005 , the Sub-Saharan African economy experienced the most rapid growth in the world . The overall growth of continental tourism was double the global average . As foreign tourists enjoyed the increasing number of African states , locals began exploring the beauty of neighboring nations . According to the article , this booming industry is sure to lead to further economic growth in the region even if the increasing level of consumption of resources and the pressure that tourism puts on the natural environment appear as obstacles . The good news is that these obstacles can be dealt with Furthermore , the expansion of the African tourism industry makes way for greater understanding between the peoples of the world

This article is important for my thesis because it illustrates how tourism could uplift the African economy . Seeing that the thesis necessitates a discussion about tourism 's impact on the global economy studying Africa is important because the continent is economically weak

Pepper , Tom . Exploiting all resources : with the aid of the private sector , Oman is rapidly

developing its tourism industry to diversify its economy away from oil ' Middle East

Economic Digest (May 2007

Tom Pepper 's scholarly article , Exploiting all resources : with the aid of the private sector , Oman is rapidly developing its tourism industry to diversify its economy away from oil ' proposes a unique way for the Middle East to drive its focus away from oil , at least for the sake of divergence . Oman is thinking about cashing in on its dramatic landscapes , hill forts , and secluded beaches ' By so doing the country is expected to push its economy to high levels of growth . However , Oman would have to work on developing its tourism industry further . The article discusses several kinds of investments that are still required by the industry in Oman

Pepper 's article is relevant to my thesis because it also explores the valid relationship between tourism and high economic growth . My research would include information about tourism and the economy in many different parts of the world

Ramos , Vicente , Javier Rey-Maquieira , and Maria Tugores . The role of training in changing an

economy specialising in tourism ' International Journal...