The Growing Importance of Tourism in the Global Economy and International Affairs

Carl Bonham, James Mak, Briefs, Economy

For tourism-dependent countries and destinations, tourism’s share of GDP can exceed twice the world average. Today, international tourism receipts exceed $1 billion per year in some 90 nations. Worldwide, domestic tourism is typically several times larger. Tourism truly has become a global economic and social force.

Full Published Article: https://www.georgetownjournalofinternationalaffairs.org/online-edition/the-growing-importance-of-tourism-in-the-global-economy-and-international-affairs