Download or read book The Relationship Between Foreign Direct Investment and Tourism Development written by R. P. C. R. Rajapakse and published by . This book was released on 2016 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism is one of the most important export sectors in many developing countries. It not only increases foreign exchange income, but also creates employment opportunities, stimulates the growth of the tourism industry and as a result, contributes to overall economic growth. As there is a widely accepted belief that tourism plays a fundamental role for developing countries to achieve economic growth and development, tourism development has become an important target for most governments, especially in developing countries. Foreign Direct Investment (FDI) is an important source of capital for the development of the tourism sector in any country. The study investigated the causal relationship between foreign direct investment in tourism (FDIT) and the number of foreign tourist arrivals (TOUR) in Sri Lanka/Foreign Exchange Earnings from Tourism (FEE) using quarterly data for the period 2005:1 to 2013:4. The analysis reveals that the time series TOUR and FDIT/FEE and FDIT are not cointegrated. The VAR systems in first differences of the variables were used to investigate the causality between the variables. The results show that there is uni-directional relationship from FDIT to tourism and FDIT to FEE.
Download or read book Tourism and Foreign Direct Investment written by H. Cristina Jönsson and published by Routledge. This book was released on 2022-03-03 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume to examine and shed significant light on the issues, challenges and prospects presented by foreign direct investment (FDI) in tourism – a topic of increasing relevance in light of the COVID-19 pandemic and economic consequences. This book addresses the need to examine the TFDI phenomenon considering resilient tourism development approaches and includes discussion on impacts of a rapidly evolving global pandemic on tourism. Recognising that its impact on tourism has only just begun, the book includes early estimates of the damage to the tourism economy and TFDI over 2020 and beyond. It considers how the COVID-19 pandemic may change society, the economy, and tourism, and how some of the key research needs to understand these changes and contribute to a more sustainable post-pandemic tourism sector. Through a collection of chapters focusing on principles, practices and a diverse range of destination case studies, the book considers TFDI from the economic, social and environmental and regulatory perspectives. Thus, the book will advance understanding of the positive and negative impacts of TFDI as well as how emerging problems and wider implications for local economies and communities can be managed more sustainably, while also discussing the transformative opportunities offered by TFDI regarding key economic, social and environmental issues. This will be essential reading for upper-level students and researchers in the field of tourism development.
Download or read book FDI in Tourism written by United Nations Conference on Trade and Development and published by United Nations Publications. This book was released on 2007 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many developing countries are looking to tourism as a potentially promising avenue for economic and human development. This is a relatively new position for some countries, and reflects the rapid increase in tourism in terms of both numbers of arrivals and revenues for several economies in recent years. FDI is one of the routes through which developing countries can carry out tourism, but the dynamics of FDI in this dynamic sector, and its implications, have been relatively little studied. A significant part of tourism's development potential stems from the fact that it links together a series of cross-cutting activities involving the provision of goods and services such as accommodation, transport, entertainment, construction, and agricultural and fisheries production. On the other hand, tourism is a sensitive sector that is vulnerable to external shocks - economic, environmental and political - as well as potentially creating problems of its own. Contrary to common perceptions, one finding of this study is that FDI in tourism is relatively low, compared to other globalized activities (including services such as telecommunications or finance), and compared to domestic investment. FDI exists in only a small number of the many diverse activities that comprise what could be called the "international tourism economy". The main investments are in hotels and restaurants, with little FDI in airlines (although this is growing) and in high profile and important activities such as tour operations or global reservation systems. Tourism-related FDI is also largely concentrated in developed countries.
Download or read book Tourism in Bangladesh Investment and Development Perspectives written by Azizul Hassan and published by Springer Nature. This book was released on 2022-01-05 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume uniquely explores the extensive themes and frameworks of tourism development and investment in Bangladesh. The book focuses on outlining the present investment and development scenario of Bangladesh in order to suggest some solutions to current issues. Considering that Bangladesh has a population of over 170 million, the country possesses an abundance of possibilities for tourism. In recent years, Bangladesh has experienced steady growth in its economy and socio-cultural developments. Currently, there is very limited knowledge of or research into tourism in Bangladesh, even though it is a multifaceted and fast-growing industry. This book makes an important contribution to representing and exploring diverse aspects of tourism in Bangladesh for local and international benefit. This book provides insights into the stronghold of a social class having the ability to spend for tourism and leisure activities, which has prompted the country to pay further attention to the development of its tourism industry. This book emphasizes that the importance of tourism is undeniably on a continuous rise in Bangladesh, which in turn deserves the appropriate attention from academic research.
Download or read book The Economics of Tourism written by Mike J. Stabler and published by Routledge. This book was released on 2009-12-16 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The publication of the second edition of The Economics of Tourism is a timely contribution to the theory and practice of tourism. The book retains both the rigour and relevance to the study of tourism as the original text which is considered to be the gold standard of tourism economics and is a must for those who study and undertake research into tourism from economic, environmental and social perspectives." Professor Haiyan Song, The Hong Kong Polytechnic University, HK "This Second Edition is a "Wikipedia" of tourism economic research and strategic thinking and a must read for academic, corporate and policy thinkers. It builds on the earlier solid economic analysis of the sector to reflect contemporary geopolitical and socioeconomic issues. Going beyond a globalizing, poverty divided world to one where climate, population, resources and the green economy are dominant issues. We are proud of its genesis and continuing association with TTRI." Professor Geoffrey Lipman, University of Nottingham, UK
Download or read book The Impact of Business Tourism on Foreign Direct Investment written by Delia Ramos and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism is one of the world's largest industries and an increasingly important source of foreign currency that is used to finance economic growth. Business tourism is also a trigger for potential business interactions. The purpose of this study is to examine the relationship between business tourism and business interactions measured by Foreign Direct Investment and exports. This study uses panel data covering the years 1996-2017 from 148 countries, and a linear fixed effect regression model. The findings reflect that there is a significant positive correlation between business tourism and measures of business interactions.
Download or read book Challenges of Governance written by Ronald L. Holzhacker and published by Springer Nature. This book was released on 2021-01-05 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a varied and multi-dimensional view of challenges of governance in Southeast Asia and ASEAN through the variety of disciplines and nationalities involved. In light of 50 years of regional collaboration and integration as the member states of ASEAN seek to chart out a future path for the region, this book is dedicated to showcasing different challenges to governance that occur due to internal and external pressures for the various member states. The editors are particularly interested in the multi-level governance challenges on issues of democracy, equity, and sustainability, the adaptation of policies and norms to fit an ASEAN way, and the changing roles of civil society and citizens in this process of seeking a common identity and voice. The book is divided into four sections. The first section introduces the fundamental political institutional dynamics that are in play within the region and the interplay between regional forces and national norms. The second section tackles the economic and legal discourses that various member states face in relation to external and internal pressures related to international and regional trade and industry. The third section focuses on issues of sustainability and equity resulting from the vast socio-spatial differences in the varied cities and regions of member states. In the final section, the authors discuss dilemmas resulting from economic growth in exploitative industries and the impact that has on the local and regional community through the lenses of inclusivity and justice. Written by a diverse collection of policy makers, researchers, educators and activists from the regions discussed, this book provides an authoritative first-hand analysis of key challenges to governance in Southeast Asia and ASEAN. As such, this volume is an excellent resource for academics, advanced masters and PhD candidates interested in the region, and major Southeast Asian research institutes and centers as well as policy makers and influencers at both national and regional levels within the region.
Download or read book Foreign Direct Investment Location and Competitiveness written by European International Business Academy. Conference and published by Elsevier. This book was released on 2008 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses some of the critical issues now demanding the attention of International Business teachers and researchers. From several angles, the contributions analyze factors which may explain, and/or influence the relationship between the competitiveness of multinational enterprises (MNEs) and the countries in which they operate. More particularly, the four main issues address: the recent advances in the determinants and strategy of multinational business activity; the determinants of location competitiveness of countries; the competitiveness of emergent and developing countries and the locational responses of both indigenous and foreign-owned firms; and the policy challenges raised by the highly fragmented, and often uncoordinated international regulatory framework on government FDI. It is hoped the contents of the volume will be of interest to international business scholars, senior executives of multinational enterprises and national policy makers interested in advancing their competitiveness by engaging in outward, and encouraging inward foreign direct investment. This book addresses some of the critical issues now demanding the attention of International Business teachers and researchers. This book is published annually.
Download or read book Foreign Direct Investment in the World Economy written by Mr.Edward M. Graham and published by International Monetary Fund. This book was released on 1995-06-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of foreign direct investment (FDI) in international capital flows is examined. Theories of the determinants of FDI are surveyed, and the economic consequences of FDI for both host (recipient) and home (investor) nations are examined in light of empirical studies. Policy issues surrounding possible negotiation of a “multilateral agreement on investment” are discussed.
Download or read book Foreign Direct Investment in Latin America and the Caribbean 2010 written by United Nations and published by UN. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2010, the Latin American and Caribbean region showed great resilience to the international financial crisis and became the world region with the fastest-growing flows of both inward and outward foreign direct investment (FDI). The upswing in FDI in the region has occurred in a context in which developing countries in general have taken on a greater share in both inward and outward FDI flows. This briefing paper is divided into five sections. The first offers a regional overview of FDI in 2010. The second examines FDI trends in Central America, Panama and the Dominican Republic. The third describes the presence China is beginning to build up as an investor in the region. Lastly, the fourth and fifth sections analyze the main foreign investments and business strategies in the telecommunications and software sectors, respectively.
Download or read book Strategies in Sustainable Tourism Economic Growth and Clean Energy written by Daniel Balsalobre-Lorente and published by Springer Nature. This book was released on 2020-11-30 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of and discussion about the relationship between green tourism, economic growth and globalization. It explores numerous topics relating to tourism including transport efficiency, foreign direct investment, clean energy, climate change dynamics and advances in sustainable tourism management. The book begins with discussion of sustainable tourism and economic growth, particularly focusing on management strategies. It then presents the relationship between energy use and tourism, looking at green energy and energy shock. It then discusses transport efficiency, tourism efficiency and financial growth in both developed and developing countries. This book is of interest to researchers, policymakers, and postgraduate students in the areas of energy, environmental and tourism economics.
Download or read book FDI and Tourism written by United Nations Conference on Trade and Development and published by United Nations Publications. This book was released on 2008 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many developing countries are looking to tourism as an avenue for economic and human development, and foreign direct investment (FDI) is one of the routes through which they can carry out tourism. This study highlights the main findings with respect to the development impacts of foreign direct investment in tourism (TFDI) in five East and South African countries, on income, employment, technology and skills transfer, wages and linkages, as well as the social and environmental impacts. It also examines the salient policies that are in place, identifying those that have hindered and promoted TFDI.--Publisher's description.
Download or read book Sustainable Foreign Direct Investment in Tourism Sector of Developing Countries written by Joze Peric and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism-related capital investment has grown massively during the last few decades and is predicted to continue growing after 2010. Also, there is increasing motivation on the part of all stakeholders in tourism sector to make this investment more sustainable. Foreign direct investments (FDI) are one of the possible funding sources in the tourism sector, particularly in developing countries. Developing countries, if they wish to promote sustainable development in the context of tourism, should be extremely cautious in attracting FDI in this sector. It is necessary to attract sustainable FDI. Central questions which will be addressed in this article are what is meant by sustainable FDI in the tourism sector, what the basic dimensions of such investments are and why should developing countries need them. These questions will be addressed through the literature review of FDI in tourism sector and their relationship to principles of sustainability, the results of up to date researches of this topic. The authors will try to draw the attention of IPAs in developing countries to the main components of all four dimensions of sustainable FDI in tourism sector. The final aim of the authors is to inspire the IPAs in developing countries to enter the fourth generation of investment promotion in hope that this will ensure the sustainability of tourism sector in such countries.
Download or read book Foreign Direct Investment in South Asia written by Pravakar Sahoo and published by Springer Science & Business Media. This book was released on 2013-10-01 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the governments of South Asian countries acted as ‘facilitators’ to attract FDI. As a result, the inflow of FDI increased. However, to become an attractive FDI destination as China, Singapore, or Brazil, South Asia has to improve the local conditions of doing business. This book, based on research that blends theory, empirical evidence, and policy, asks and attempts to answer a few core questions relevant to FDI policy in South Asian countries: Which major reforms have succeeded? What are the factors that influence FDI inflows? What has been the impact of FDI on macroeconomic performance? Which policy priorities/reforms needed to boost FDI are pending? These questions and answers should interest policy makers, academics, and all those interested in FDI in the South Asian region and in India, Pakistan, Bangladesh, Sri Lanka and Pakistan.
Download or read book Foreign Direct Investment in Latin America and the Caribbean 2021 written by UNITED NATIONS ECONOMIC COMMISSION FOR LATIN AMERICA AND THE. CARIBBEAN and published by . This book was released on 2021-11 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document examines the global and regional evolution of Foreign Direct Investment (FDI) and offers recommendations so these flows can contribute to the region's productive development processes.
Download or read book FDI in Developing Countries written by Mario Pfeffer and published by . This book was released on 2014 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment in the Successor States of Yugoslavia written by Joel I. Deichmann and published by Springer Nature. This book was released on 2020-11-16 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume offers a descriptive analysis of foreign direct investment (FDI) flows and cumulative stock, industrial composition, and important spatial trends for each successor state of former Yugoslavia: Bosnia & Herzegovina, Croatia, Kosovo, Montenegro, North Macedonia, Serbia, and Slovenia. The chapters are written by academic experts on the topic from each of these countries and are organised systematically in order to facilitate comparison between the states. The aim of this book is to advance scholarly knowledge about FDI in Southeastern Europe 25 years after the dissolution of Yugoslavia. Each chapter includes a summary of scholarly contributions published on the topic in English-language and local language journals, a discussion of origins, composition by industry, and location choice within the country from 1995-2018, using Dunning's (1980) eclectic paradigm as a discussion framework. The chapters conclude with prospects for FDI over the next twenty-five years with emphasis on economic growth projections, EU integration, and other relevant country-specific considerations the local authors deem relevant. Special attention is given to specific companies operating in Yugoslavia prior to its breakup and how these firms have been impacted by dissolution, recession, efforts toward European Union membership. The authors also examine the past and potential impact of FDI from unforeseen events such as the Global Financial Crisis and COVID-19. This book appeals to scholars of geography, international business, economics, and economic history of the former Yugoslavia as well as professionals working in the region and on related topics elsewhere.
