DLSU Business & Economics Review 22.1 (2012)‚ pp. 119-128 An Economic Analysis of the Philippine Tourism Industry Krista Danielle Yu School of Economics‚ De La Salle University‚ Manila‚ Philippines krista.yu@dlsu.edu.ph The archipelagic nature of the Philippines‚ as well as its colonial heritage‚ offers a wealth of scenic views that invite both locals and foreigners to participate in tourism-related activities. According the Department of Tourism (2011)‚ the industry is one of the three
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Tourism differs from travel in the following aspects: • Reason to travel: It can be anything but remuneration from the place visited. • It requires a change from familiar environment. • Period of stay: The least would be one day and maximum would be a year. General growth of tourism in India In recent years tourism in India has shot up at lightening speed. India has succeeded in becoming the most preferred place amongst domestic and overseas traveler. Tourism exposes the international traveler
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PPD 513: Health Law December 10‚ 2012 Final Research Paper Negative Economic Impact of the Patient Protection and Accountable Care Act The Patient Protection and Affordable Care Act (PPACA) also referred to as ObamaCare‚ federal healthcare law‚ Affordable Care Act‚ or ACA‚ is a United States federal Statute signed into law on March 23‚ 2010‚ by President Barack Obama. In combination with the Healthcare and Education Reconciliation Act‚ it represents the most significant regulatory overhaul
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The large scale impacts of Tourism include environmental‚ socio-cultural and economic impacts. Impacts can be positive‚ as well as negative‚ but should never be underestimated. The concept of sustainability is factored into these tourism impacts‚ when the size of the impacts become large enough to drastically alter economic‚ socio-cultural and environmental areas of a tourist destination. The importance of these impacts will be analysed and evaluated in this essay‚ keeping in mind that this will
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The Economic and Social Impact of Tourism Today‚ tourism is one of the largest and dynamically developing sectors of external economic activities. Its high growth and development rates‚ considerable volumes of foreign currency inflows‚ infrastructure development‚ and introduction of new management and educational experience actively affect various sectors of economy‚ which positively contribute to the social and economic development of the country as a whole. Most highly developed western
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2.0 Findings and Discussion 2.1 Definition The International Forum of Travel and Tourism Advocates defines tourism as the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes not related to the exercise of an activity remunerated from within the place visited and also refers to the sector of the national economy with complex functions that unites a number of goods and services‚ offer
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IMPACT OF TOURISM ADVANTAGES AND DISADVANTAGES Fe Zuly 2011 Abstract Tourism has become a popular global leisure activity in 2008‚ there were over 922 million international tourist arrivals‚ with a growth of 1.9% as compared to 2007. International tourism receipts grew to US$944 billion (euro 642 billion) in 2008‚ corresponding to an increase in real terms of 18%. This paper is purposed to explain about impact of tourism including advantages and disadvantages. This impact
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Close analysis of case study shows that environmental impacts as well as sociocultural effects have prevented the economic benefits that local communities have received. It is absolutely a fact that tourism has brought a variety of economic benefits to local communities. First of all‚ it creates employment from local people. According to Duval (2004b‚ 4)‚ Caribbean tourism is on the way of development‚ which accounts for over 15 percent of the region’s occupation and nearly 6 percent of its GDP
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Negative physical / environmental impacts - The carrying capacity of a destination was not observed thus the place becomes too crowded. This results to overpopulation and overdevelopment. An example is the island of Boracay. - Depletion of a destination’s natural resources. Locals and tourists compete over water supply and other necessities. - Since hotels and resorts‚ bars‚ malls etc. have been built‚ these pose a problem on the sustainability of the place. They may also disturb the flora and
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business school | Economics of Tourism | Research Work | | Hassan Rafique | 11/30/2011 | An insight to the economic potential of Pakistan in terms of tourism | Table of Contents A General Abstract…………………………………………………….. 3 Heritage Tourism………………………………………………………. 4 Religious/ Spiritual or Pilgrimage Tourism………………………….. 4 Cultural Tourism……………………………………………………….. 4 Adventure or Eco Tourism……………………………………………. 4 Wildlife Tourism………………………………………………………… 5 Sports Tourism…………………………………………………………
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