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Business
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| Number of pages / Number of words: |
12 / 3287 |
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Often rich countries are better able to profit from tourism than poor ones. Whereas the least developed countries have the most urgent need for income, employment and general rise of the standard of living by means of tourism, they are least able to realize these benefits. Among the reasons for this are large-scale transfer of tourism revenues out of the host country and exclusion of local businesses and products...
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Among the reasons for this are large-scale transfer of tourism revenues out of the host country and exclusion of local businesses and products.
i. LEAKAGE
The direct income for an area is the amount of tourist expenditure that remains locally after taxes, profits, and wages are paid outside the area and after imports are purchased; these subtracted amounts are called leakage...
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&Quot;Ict Will Increase Still Further The Divergence Between Rich And Poor Countries&Quot;
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