GEG 3320 Lecture Notes - Lecture 5: Sunscreen
5 Oct 2017
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Economic impacts of tourism: negative impacts, positive impacts. Impacts: bric brazil, russia, india and china, half of worlds increase in tourism expenditure, spend a lot when being tourists, piigs portugal, italy, ireland, greece and spain, slowest growers, instable economy, negative economic impacts, leakage. Infrastructure cost: tourism development can cost the local government and local taxpayers a great deal of money. Increase in price can hurt the locals: economic dependence, tourism is very important to the economy of many countries in the world, seasonal character of jobs. Job insecurity, no guarantee of employment from one season to next: positive economic impacts, foreign exchange earnings, people spend money in countries can stimulate growth if done properly, contributions to government revenues (taxes, direct taxes. Indirect entrance fees to places, airport improvement fees: employment generation, direct what visitors are buying directly (hotel room) Indirect person who builds things used in tourism (ex. canoe)
