The Contribution of Tourism to Economic Growth and Development in the Caribbean PDF Download

Author:
Publisher:
ISBN:
Category : Tourism
Languages : en
Pages : 46

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Author: Ms.Nita Thacker
Publisher: International Monetary Fund
ISBN: 1475510896
Category : Business & Economics
Languages : en
Pages : 35

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After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspective. Three findings stand out. First, the slowdown in growth is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many countries there is scope for further expansion of this sector. Third, the small size and the fact that most of these countries are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and regional integration could pay dividends in terms of higher growth in the region.

Author: Juan Gabriel Brida
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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The main objective of this paper is to analyze the contribution of tourism to economic growth in Central American and selected Caribbean countries (The Bahamas, Dominica, Dominican Republic and Saint Lucia). Following recent methodology presented by Ivanov and Webster (2007), this paper will utilize the rate of growth of real Gross Domestic Product (GDP) per capita as a measure of economic growth. This will then be disaggregated into a growth component attributable to tourism and a second growth component generated by the other industries of the economy. This methodology, which has the characteristic of generating a performance measure of tourism's past contribution to economic growth, will be applied to the period 1990-2007. We compare the results with a group of developed destinations including Spain, France, Italy, UK and USA. The comparison between the two groups shows that the tourism contribution to GDP is higher in general for the developed group but it is not associated necessarily with a greater contribution to the economy's growth.

Author: Dennis J. Gayle
Publisher: Routledge
ISBN: 1317663136
Category : Business & Economics
Languages : en
Pages : 303

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The Caribbean now has one of the largest regional tourism industries in the world amongst developing countries. When originally published this volume was the first to provide a comprehensive discussion of tourism in this part of the world. It begins with an overview of the industry and then examines aspect of tourism marketing and management on a region-by-region basis, covering the Bahamas, Jamaica, Barbados, St Lucia, Trinidad and Tobago, Guyana and Cuba. Detailed analysis follows of sectors within the industry, such as heritage and health care, with central issues such as the intense competition between the cruise ship and hotel industries being highlighted. Discussion of the impact of US and EU policies on Caribbean tourism provides an important international perspective. Throughout, the focus is on the contribution of the regional tourism industry to Caribbean economic growth and development.

Author: François J. Bélisle
Publisher: Ottawa, Canada : International Development Research Centre
ISBN:
Category : Business & Economics
Languages : en
Pages : 172

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Author: John M. Bryden
Publisher: CUP Archive
ISBN: 9780521202633
Category : Business & Economics
Languages : en
Pages : 256

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Case study in the form of a cost benefit analysis of tourism in the Caribbean to illustrate the effects thereof on developing countries - outlines the economic growth of tourism and the Hotel industry in the 1960s and the role of government policy therein, and applies the cost-benefit technique to the recommendations of two reports on tourist development in the caribbean. Bibliography pp. 222 to 227, map and statistical tables.

Author: C. Dorne Sowerby
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: David Timothy Duval
Publisher: Routledge
ISBN: 1134411499
Category : Science
Languages : en
Pages : 324

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The Caribbean is one of the premier tourist destinations in the world. Changes in travel patterns, markets and traveller motivations have brought about considerable growth and dramatic change to the region's tourism sector. This book brings together a high calibre team of international researchers to provide an up-to-date assessment of the scope of tourism and the nature of tourism development in the Caribbean. Divided into three parts, the book: gives an overview of existing tourism trends in the region addresses tourism development issues, including sustainability, ecotourism, heritage tourism, community participation, management implications, and linkages with agriculture considers future trends, including an assessment of recent world events and their impacts on tourism in the region, and future trends in terms of airlift, economic sustainability and markets. A valuable resource for students of tourism and Caribbean studies, as well as governments, and national and regional tourism offices, this topical volume brings together excellent contributions to assess and analyze the state of the Caribbean tourism; past, present and future.

Author: Courtney Blackman
Publisher:
ISBN:
Category : Service industries
Languages : en
Pages : 44

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Author: Kempe R. Hope
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 240

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