Global Economic Development

In: Social Issues

Submitted By MJMJ
Words 2719
Pages 11
EVENT MANAGEMENT AND TOURISM

GLOBAL ISSUES

Economic development and pro-poor tourism and community based tourism as tools to poverty alleviation in developing countries.

This essay aims to discuss the concept of global economic development, and critically asses the current relationship with tourism and the use of Pro-Poor Tourism principles to alleviate poverty, as well as the evaluation of the possible implications of future trends. Global economic development and pro-poor tourism literature will be reviewed and critically analysed. There will also be identified the key players of this type of tourism and asses the workability and success of the implementation of Community Base Tourism as a tool for poverty alleviation.

It is a fact that the tourism industry has been growing during the last decades and is one of the most important economic sectors in the world. (UNWTO, 2014c). According to the World Travel and Tourism Council (WTTC) latest report, international tourist arrivals grew by 5% in 2013 (WTTC, 2014a). Travel and tourism industry direct contribution represented a 2.9% of the Global Domestic Product (GDP) in 2013 (WTTC, 2013b) and 9% of the GDP including direct, indirect and induced impacts. (UNWTO, 2013f)

The tourism industry has become the main income source for many countries and, represents an important export sector, especially for developing countries. (UNWTO, 2014c) and the growth of tourism is directly linked to economic development. (Schubert, et al., 2011; Samimi, et al., 2011; Pablo-Romero & Molina, 2013) On the other hand, it has been argued that the relationship between tourism growth and economic development is not automatic, and it will depend of the previous socioeconomic status (Cardenas-Garcia, et al., 2013) and the availability of resources of the country. (Tribe, 2011) International organizations advocate that some…...

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