The impact of tourism: How can we all do this better?
February 25, 2016 Editor 0
Tourism is growing, and growing fast. After surpassing 1 billion international visitors in 2012, we are expecting 1.8 billion by 2030. Tourism is growing faster than the global economy and, for the first time, the statistics for 2015 are expected to show that there were more trips taken to the developing world than to the developed world. But what does this actually mean?
Growth, on its own, is not enough. Destinations and their stakeholders are responsible for ensuring that growth is well-managed; that benefits are maximized; and that any negative externalities are minimized. This requires a continuous process of planning and management that evolves and that can be measured over time.
For the World Bank Group, our clients and our development partners, this process of planning and management is a central interest. How can we help these processes to deliver more and better development impact? What kinds of interventions or types of assistance will deliver the best results? How do you define the best results – for whom? – and how do we measure them?
Being able to demonstrate how the tourism sector contributes to the Bank Group’s twin goals of eliminating extreme poverty and promoting shared prosperity is an imperative for all stakeholders. It’s relevant for national governments, sub-national state agencies, businesses (both multinationals and SMEs), multilateral development banks, NGOs, academics and think tanks. Moreover, it’s vital in helping guide future planning and development, gaining access to and applying for funding, and demonstrating progress to constituents at all levels.
- How can we leverage digital technology for financial inclusion?
- Productivity for prosperity: ‘In the long run, it is almost everything’
- Spatial Growth Solutions, Multi-Stakeholder Engagement, and Fish: Innovative Public-Private Dialogue in Mauritania’s Nouadhibou Free Zone
- Healthy and Sustainable Tourism
- From Tirole to the WBG Twin Goals: Scaling up competition policies to reduce poverty and boost shared prosperity
- Knowledge-Sharing Boosts Development Know-How, as Practitioners and Policymakers Meet in Mombasa
Categories: World Bank PSD
The pattern of emergence of a Middle Stone Age tradition at Gademotta and Kulkuletti (Ethiopia) through convergent tool and point technologies. Developing a financial inclusion strategy: 5 lessons from Paraguay
Subscribe to our stories
- Kenyan scientists release five new canning bean varieties after sixty-year wait May 15, 2017
- Conceptual overview of social entrepreneurship and its relevance to Nigeria’s third sector May 15, 2017
- Industry environment features influencing construction innovation in a developing country: a case study of four projects in Ghana May 15, 2017
- Dairy production systems and the adoption of genetic and breeding technologies in Tanzania, Kenya, India and Nicaragua May 15, 2017
- Start-up from scratch? How entrepreneurship can generate sustainable development and inclusion in the Sahel May 15, 2017