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Modelling the interaction of tourism and international development
by Ruth Rios-Morales; Dragan Gamberger; Ian Jenkins
J. for Global Business Advancement (JGBA), Vol. 6, No. 4, 2013
Abstract: The purpose of this paper is to contribute to the theoretical frameworks of the interaction of tourism and international development; this study also provides a critical evaluation of the effectiveness of international development initiatives and poverty reduction, using the Nicaraguan case. The evaluation incorporates aspects related to the millennium development goals (MDGs) and the heavily indebted poor countries (HIPCs) initiatives. By using data analysis techniques, we evaluated the ratio between investment in the tourism industry and economic growth in the period 1995-2010. From this analysis, a predictive model has been developed. Tourism represents one of the main sources of income for many developing countries. We argue that tourism pro-poor must be integrated within national development strategies and should be present in international economic development and poverty reduction.
Online publication date: Thu, 12-Dec-2013
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