Cost of terrorism – Effect of the September 11 attacks on tourism industry: 1The total economic impact of 9/11 is realistically immeasurable; however the world travel and tourism council has estimated the decrease of the travel and tourism demand world wide to be 10%. 2Job loss of 8.8 million people globally including airlines‚ hotels‚ tour operators‚ car rental and credit card companies‚ creating a 1.7% decrease of total GDP for the world economy. Terrorism is an inhuman act which is
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ABSTRACT GLOBAL FINANCIAL CRISIS AND ITS IMPACT ON INDIA NAMES OF AUTHORS * Professor SWAPNILSONY.N. SINGH Assistant Professor‚ DAMS‚ G.S.College of Commerce‚ Wardha‚ Maharashtra. B.SC.‚ M.B.A. Phone No: 9881683767 e- mail: swapnilsony_flyingtigress@yahoo.com * Professor K.V.SOMANADH. Assistant Professor‚ G.S.College of Commerce & Management‚ Wardha‚ Maharashtra. M.Com. M.B.A... NET. M.Phil.‚ (Ph.D.) Mobile No: 807787321. e- mail: somrada_kolluru@yahoo
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Global recession and its impact on Pakistan economy Presented by HASSAM TARIQ Abstract There has been speculation that American would lead global recession and it could impact the global economy. IMF also predicted that in 2008 global growth would fall from 4.9 percent to 4.0 percent. US economy suffered thousands of layoffs and the biggest retail sales dip on record. Strong economies as that of UK‚ Germany‚ France and the new emerging one’s like China and India also fell pray to this recession
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2013 Feng Shui Tips for the Chinese Zodiac Sign of Rat The Rat Zodiac Sign in 2013 Is your birth year represented by the Rat symbol in Chinese astrology? Are you curious about what’s in store for you in 2013? Let’s have a quick look at how feng shui can improve your overall luck in the year of the Water Snake. Be sure your zodiac sign is actually a Rat‚ as Chinese New Year starts on a different day each year (and never on January 1). It is also helpful to know your birth feng shui element
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In economics‚ a recession is a business cycle contraction‚ a general slowdown in economic activity. Macroeconomic indicators such as GDP‚ employment‚ investment spending‚ capacity utilization‚ household income‚ business profits‚ and inflation fall‚ while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events‚ such as a financial crisis‚ an external trade shock‚ an adverse supply
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H 501 : REPORT GLOBAL RECESSION : IMPACT & CHALLENGES FOR SOUTH ASIA Prepared for : Saeed Alamgir Jafar Professor Institute of Business Administration University of Dhaka. 1. 2. 3. 4. 5. 6. 7. Prepared by : Khaleed Mahmood Fuad‚ Roll – 123 Sujan Chandra Das‚ Roll – 144 Tazul Islam‚ Roll – 133 Md. Feroz Mahmud Khan‚ Roll – 120 Samiul Islam‚ Roll – 117 Priyom Mozumdar‚ Roll – 124 Chalan Kanti Roy‚ Roll – 141 Submitted on April 5‚ 2012. Table of Contents : # Topic Letter of transmittal
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TOU2002 – Tourism Impacts and Sustainability Topic: Socio-Cultural impacts of tourism Tourism considered as global phenomenon which is carried out by persons itself. This naturally results in meeting of different culture‚ economy‚ progress‚ status‚ etc. round the globe. Human being considered as social animal cause’s significant social culture impact by tourism. According to Teo (1994) impacts are defined as “change in value system‚ moral‚ conduct‚ individual behaviour‚ relationship
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Environmental Impacts of Tourism in Bhutan The concept of tourism development in Bhutan took place in post 1974 period during the reign of late majesty‚ King Jigme Dorji Wangchuk in national assembly. However‚ tourism business begun its operation with 274 tourist in 1974 at the time of coronation of fourth king‚ His Majesty Jigme Singye Wangchuk and since then tourism business started growing in Bhutan. Tourism is now recognized as having considerable potential as a tool for development and as a
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ACTIVITIES FROM SEPTEMBER 2012- DECEMBER 2012 -Catalonia’s National Day: September 11th * Week: September 9th to 14th * Reservations recommended * Frequent Guest and newcomers * Special menu with dishes from northern Catalonia * Sponsored by PRODECA (not confirmed ) * Special decoration and entertainment (not confirmed ‚ depending on budget and sponsor) -Spain’s National Day: October 12th * Week: October 7th to 12th * Reservations recommended
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SOCIO CULTURAL IMPACTS OF TOURISM The socio-cultural impacts of tourism described here are the effects on host communities of direct and indirect relations with tourists‚ and of interaction with the tourism industry. For a variety of reasons‚ host communities often are the weaker party in interactions with their guests and service providers‚ leveraging any influence they might have. These influences are not always apparent‚ as they are difficult to measure‚ depend on value judgments and are often
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