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The Economic Impacts of Tourism(1)

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With a clear perspective about the tourism impact. Now we come to the second part of this chapter, the economic impacts of tourism.
As a customer, I bring out the learning objectives at the beginning. In this section, I hope you could describe in your own words the major economic impacts of tourism. The second objective is to demonstrate an awareness of a range of both positive and negative economic impacts of tourism.
Okay, as showed in this slide six contents are included in this part. They are, firstly, I will give a short introduction to economic impacts then I will talk about the importance in relation to economic impacts followed, positive and negative impacts. The next, significant factor-scale followed, economic impacts in developing countries And at the end I will give you summary about economic impacts. As a short introduction, we need to know historically the impact of tourism has been the most researched area of the tourism and economic impacts has been more researched than any other type of impact. Economic impacts of tourism are linked to and cannot easily be separated from other types of impact largely in an attempt to assist with understanding.
Economic impacts are discussed in this section separately from other tourism impacts. We can see this picture, this picture which taken in Great Wall during golden week in China indicates the booming domestic tourism in China has become a crucial part of national economy. And similar to China the whole world is stepping in an area of massive tourism. Huge number of international tourists also give a great impact to the world economic development
At the beginning of the chapter the part of introduction, we have provided you a general indication of the key influence on the impacts of tourism. But of the particular importance in relation to economic impacts are the following scale of tourism activity, When tourism occur? Particularly whether the tourism is a seasonal activity? And the historical development of tourism with a particular emphasis on infrastructure for tourism.
Also as discussed in the introduction impacts can be considered under the headings of positive and negative In relation to economic impacts the following are usually considered to be positive effects. List here. Contribution to foreign exchange earning. Contribution to government revenues. Generation of employment. And the last Contribution to regional development.
I show these in this slide four pictures indicate each picture indicates one positive impact. Such benefits can usually be measured either at a national level or at the local or regional scale
Composed to the positive effects,
here some the basically negative economic effects: inflation, opportunity costs and over-dependence on tourism. Inflation relates to the increase in price of land, houses and food that can occur as a result of tourism that can occur as a result of tourism. Prices for these commodities can increase when tourists place extra demands on local service at a tourism destination. The term opportunity costs refers to the cost of engaging in tourism rather than another form economic activity. For example, in a coastal area with a predominantly rural hinterland opportunity costs refer to investing in tourism instead of in farming market gardening or fishing. Over dependence on tourism can occur in.
For example, small states where tourism is seen by the government as the best method of development
such that there is rarely no other approach to development. As a result, the country becomes dependent on tourism revenue to the extent that any change in demand is likely to lead to a major economic crisis
One significant factor when discussing economic impact of tourism is scale Although similar processes may be operating effects can be different as a result of them operating at different scale. The global economy importance of tourism has been briefly referred above with discussion of employment and the contribution with discussion of employment and the contribution to balance of payments and the global gross domestic products. Jobs in tourism are likely to increase steadily during the early part of the twenty-first century unlike jobs in other economy sector At the continental level, tourism has different developments on different continents. At the national level, the economic impact of tourism is at a different position between developed and developing countries.
Ok In this slide, we could have a glance of the tourism economic impacts in six continents and different nations Europe Europe was the single most important tourism destination with over half of all international visitors arrivals in the early part of twenty-first century and most international arrivals of tourists in Europe were visits from other European countries. In north America, US and Canada are also both important destination areas and tourism generating regions. Asia Asia is an important destination for tourists from Europe, North America and Australia. But is also becoming increasingly important as a source of tourists. These tourists from China, Japan and Korea in particularly are visiting other parts of Asia, but also making visits to Europe and north America.
Two continents in particular, reveal the uneven balance of international tourism south America is a grossing destination for tourists, but produces few visitors,relatively speaking to other parts of the world. Africa shows this to an even greater extent with increasing numbers visiting the continent with the game reservoir of east Africa. Parts of Mediterranean coast and south Africa becoming significant tourist attractions. But the percentage of world tourists originating in Africa is still very low. Now we finish the significant issue of scale.

In this video, you will learn the positive and negative aspects of economic impacts.

We would like to invite you to share some thoughts in the comments section below. Could you describe both the positive and negative aspects of economic impacts in your own words?

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Tourism Policy and Planning

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