Over Reliance on Tourism in Developing Countries for Gdp Growth Essay

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Over Reliance of Tourism for GDP in Developing Countries

The tourism sector has the ability to promote as well as sustain a nation’s economy. But being over-dependent on tourism will prove potentially harmful for unindustrialized nations. One clear example of the consequences of overdependence on tourism is that of the scenic Republic of Maldives, which was mainly reliant on tourism for economic development and sustenance. The nation declared an emergency last year after threats of an attack; its economic condition was subsequently labeled unstable and a near-stoppage in its activities was witnessed. Not even seven days later, the government withdrew the emergency after widespread local and global censure. The emergency was unallowable owing to its immense potential adverse impacts on the nation’s tourism sector (Bojanic and Lo 2016, pg. 4).

Being overly dependent on tourism for supporting the national economy places a nation at significant risk. In general, nations wholly dependent on their tourism sector for generating income experience great vulnerability. Currently, several nations worldwide are getting difficult to access; consequently, their tourism sector has not been operating in a normal manner. A majority of nations have been experiencing natural catastrophes as well as manmade ones (e.g., terror attacks).

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As a result, in a majority of instances, the tourism will suffer or even completely collapse.

Declining tourism activity due to, perhaps, decrease in the number of visiting tourists, is hard to tackle; of late, nations have scant alternatives to convince tourists to visit. The problem is further exacerbated if national governments advise their citizens not to tour particular nations owing to security issues; in such cases, the dependent nation can, in no way, handle the issue and is at other governments’ mercy (Scheyvens, 2011 pg. 1).

Employment generation is one among the benefits of the tourism sector. According to 2015 statistics, 1,184 million individuals, averagely, visit foreign nations worldwide; further, tourists expend over 1.5 trillion dollars per annum on services and products. Thus, numerous employment and income generation opportunities exist within the tourism sector, including tour guides, coach services, and restaurant attendants and hotel staff (Cheer, 2015, pg. 2).

Additionally, tourism is a great platform from which nations can present local offerings to global markets. Tourists who visit a nation end up purchasing local goods otherwise hard to market to foreign lands (Dredge, D. and Gyimóthy, S., 2015 pg. 20). They exhibit rather high spending….....

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