nep-tur New Economics Papers
on Tourism Economics
Issue of 2018‒03‒26
two papers chosen by
Laura Vici
Università di Bologna

  1. An analysis of the art and craft sector and its potential for sustainable tourism development in the Caribbean By Phillips, Willard; Indar, Delena; Thorme, Elizabeth
  2. Twenty Reasons Sustainable Tourism Counts for Development By International Finance Corporation

  1. By: Phillips, Willard; Indar, Delena; Thorme, Elizabeth
    Abstract: Art and craft is considered to be an integral part of the tourism business, since it plays an important role as souvenirs and mementos, thereby spatially and temporarily expanding the visitor experience. It is also increasingly looked upon as an opportunity to diversify the tourism sector offerings, as well as the broader economic base. As part of the overall global creative economy, the art and craft sector has seen consistent trade growth over the past two decades, and has shown the capacity to forge even stronger linkages with the tourism sector. This paper examines the nature of this relationship in the particular context of the Caribbean, by undertaking a survey of the sub-regional art and craft sector, as well as a case study value chain analysis of two Caribbean countries-Saint Lucia and Trinidad and Tobago. The findings confirm that art and craft holds significant potential for bolstering the regional tourism economy. Moreover, the dynamics of the tourism sector appear, in turn, to provide a good driver for the future development of the sub-sector.
    Date: 2017–12–31
  2. By: International Finance Corporation
    Keywords: Culture and Development - Culture in Sustainable Development Macroeconomics and Economic Growth - Investment and Investment Climate Environment - Tourism and Ecotourism Industry - Accommodation & Tourism Industry
    Date: 2017

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