LAP LAMBERT Academic Publishing

Investment-Driven Strategies in Tourism: Engine for Economic Growth

Name: Investment-Driven Strategies in Tourism: Engine for Economic Growth
Brand: LAP LAMBERT Academic Publishing
SKU: 5fd124ddda5058a75bcb357a9abedd77

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Bol Tourism firms operate in a business environment in which innovation is essential for survival. In this context, this book and its chapters explore key aspects of tourism development. The growth of tourism refers to the gradual evolution of the sector and represents an important factor in the productivity of a country's economy. When measuring the economic impact of tourism, it is essential to underline the causal relationship among real GDP, REER, and international tourism. There is also a need to better understand the relationship between international tourism and trade, both of which are strongly influenced by exchange rate regimes. International trade is often used as a key argument in support of exchange rate policies. Therefore, tourism should be viewed as a dynamic driving force with a significant contribution to economic development.

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Beschrijving (1)

Tourism firms operate in a business environment in which innovation is essential for survival. In this context, this book and its chapters explore key aspects of tourism development. The growth of tourism refers to the gradual evolution of the sector and represents an important factor in the productivity of a country's economy. When measuring the economic impact of tourism, it is essential to underline the causal relationship among real GDP, REER, and international tourism. There is also a need to better understand the relationship between international tourism and trade, both of which are strongly influenced by exchange rate regimes. International trade is often used as a key argument in support of exchange rate policies. Therefore, tourism should be viewed as a dynamic driving force with a significant contribution to economic development.

Lees meer