The Economics of Small Island Tourism

The Economics of Small Island Tourism
Author: Riaz Shareef
Publisher: Edward Elgar Publishing
Total Pages: 349
Release: 2008-01-01
Genre: Business & Economics
ISBN: 0857937138

This study forms an entirely new area of research on Small Island Tourism Economies (SITEs). It addresses the importance of uncertainty in monthly international tourist arrivals and country risk indicators to the macroeconomy. Conditional volatilities are estimated for international tourist arrivals, and an economic interpretation from the estimated results is provided. In achieving these two objectives, this work presents an extensive assessment of the important characteristics and the impact of tourism in SITEs in relation to their gross domestic product, balance of payments, employment and foreign direct investment, among other factors. This book is unique in giving emphasis to macroeconomic implications rather than an industry focus. The Economics of Small Island Tourism will appeal to academics at the undergraduate and postgraduate levels involved in environmental and tourism management as well as tourism economics.

Small Island and Small Destination Tourism

Small Island and Small Destination Tourism
Author: Robertico Croes
Publisher: CRC Press
Total Pages: 278
Release: 2022-06-30
Genre: Business & Economics
ISBN: 1000565041

This unique and thoughtful book considers the tourism specialization, economic growth, and tourism competitiveness of a very specific type of tourism: small islands practicing warm water island tourism. This new book thoroughly examines the phenomenon of why some small island destinations have been more successful than others. The main premise applied is that success and survival of small island tourism hinges on resolving the mystery regarding the relationship between competitiveness and quality of life. In addressing this question, the book reviews four relevant and interconnected concepts: tourism, competitiveness, quality of life, and scale (or size). In doing so, the book enhances understanding of the potential of tourism for the improvement of the quality of life of the residents of small islands. In the last chapter of the book, the author assesses the impact of COVID-19 on tourism and specifically its ramifications for small island destinations. Whether small island populations can rise from beneath the COVID -19 burden that threatens their economic future is yet to be seen. Small Island and Small Destination Tourism: Overcoming the Smallness Barrier for Economic Growth and Tourism Competitiveness is written from a sustainable perspective that combines tourism dynamics, development, competitiveness, quality of life, and business. As such, it is aimed at a broad but higher-level audience including graduate students, academicians and researchers, practitioners, policymakers, and international organizations.

Shaping the Future of Small Islands

Shaping the Future of Small Islands
Author: John Laing Roberts
Publisher: Springer Nature
Total Pages: 443
Release: 2020-11-23
Genre: Business & Economics
ISBN: 9811548838

The book provides fresh look at the issues of sustainable development, degradation of natural resources and vulnerability to climate change in Small Island developing states (SIDS). It documents the deteriorating state of SIDS and adaptation efforts made to address the impending crisis of unsustainable economic growth with international, national and community support. Authors have discussed issues like macroeconomic trends, vulnerability, resilience capability, and SIDS-specific strategies focusing on sectors like trade and tourism. Discussion continues with the examination of democracy, social capital, quality of life, and health concerns. Climate change and natural resource challenges are analyzed using case studies. The book also discusses diplomatic complexities of international climate agreements, collective action and institutional quality constitute the analysis of global environment and sustainable development.

The Federated States of Micronesia’s Engagement with the Outside World

The Federated States of Micronesia’s Engagement with the Outside World
Author: Gonzaga Puas
Publisher: ANU Press
Total Pages: 312
Release: 2021-09-28
Genre: History
ISBN: 1760464651

This study addresses the neglected history of the people of the Federated States of Micronesia’s (FSM) engagement with the outside world. Situated in the northwest Pacific, FSM’s strategic location has led to four colonial rulers. Histories of FSM to date have been largely written by sympathetic outsiders. Indigenous perspectives of FSM history have been largely absent from the main corpus of historical literature. A new generation of Micronesian scholars are starting to write their own history from Micronesian perspectives and using Micronesian forms of history. This book argues that Micronesians have been dealing successfully with the outside world throughout the colonial era in ways colonial authorities were often unaware of. This argument is sustained by examination of oral histories, secondary sources, interviews, field research and the personal experience of a person raised in the Mortlock Islands of Chuuk State. It reconstructs how Micronesian internal processes for social stability and mutual support endured, rather than succumbing to the different waves of colonisation. This study argues that colonisation did not destroy Micronesian cultures and identities, but that Micronesians recontextualised the changing conditions to suit their own circumstances. Their success rested on the indigenous doctrines of adaptation, assimilation and accommodation deeply rooted in the kinship doctrine of eaea fengen (sharing) and alilis fengen (assisting each other). These values pervade the Constitution of the FSM, which formally defines the modern identity of its indigenous peoples, reasserting and perpetuating Micronesian values and future continuity.

Tourism in Pacific Islands

Tourism in Pacific Islands
Author: Stephen Pratt
Publisher: Routledge
Total Pages: 347
Release: 2015-02-20
Genre: Business & Economics
ISBN: 1317682572

Pacific Island Countries have been shown to be especially vulnerable to such external influences as natural disasters, political unrest and downturns in the global economy and their tourism industries have been notably affected. In particular, they typically have a narrow resource base and a fragile and often vulnerable natural environment. While there is some research on islands and small states, there is a dearth of information on the South Pacific and very little research is being undertaken in the region compared to other geographical regions in the world. This volume brings together current work in Pacific Island tourism. In this collection, three main themes arise: Images of the South Pacific; Socio-economic Impacts of Tourism; and Pacific Island Countries and the Outside World. The first focus is on the question of image, namely, stereotypes of a destination held by tourists and potential tourists, the extent to which residents, for their part, really welcome visitors, and the role tourism might play in changing pre-established images. The second theme is tourism's impacts, notably the economic and socio-cultural effects of international tourism's intrusion in the region which, though often hotly debated, have attracted relatively little empirical research. The third focus is on the challenges of how PICs articulate with their external geo-political and physical environment. These involve existing relations with formal colonial centres, geographical isolation, the need for greater air access to the outside world and for more tourists, and the continuing threat to several PICs of global warming, which increased air travel will inevitably exacerbate. This text will be of interest to tourism students, researchers and academics in the fields of tourism, development studies and cultural studies.

Tourism Management in Warm-water Island Destinations

Tourism Management in Warm-water Island Destinations
Author: Michelle McLeod
Publisher: CABI
Total Pages: 218
Release: 2018-01-19
Genre: Business & Economics
ISBN: 1786390922

Warm-water islands are a cohesive group of islands distinguished by their geography and remoteness, history as former colonial territories, and dependence on external stakeholders for their economic and social development. Warm-water island destinations also have a year-round tourism industry. These island tourism destinations are facing unprecedented adjustment challenges in the wake of increasing globalization and susceptibility to external shocks, and are in search of appropriate policy responses to that globalization. It is critical for small islands to understand how these challenges affect tourism performance and how they impact their residents. Tourism Management in Warm-water Island Destinations unearths the critical aspects that contribute to tourism development and growth in islands. Particular emphasis is placed on destinations such as the Caribbean, with lessons learned that are applicable to other island tourism contexts in the Mediterranean, Indian Ocean and the Pacific. This book provides a platform for emerging systemic perspectives of the various aspects of island tourism, with the view that strategies for the management and development of tourism in island environments can be improved and will be of interest to those studying and researching within destination management.