...Preparing to leave for Brazil my research topic influenced my packing and weighed heavily on my mind. The Zika virus was brought up to me every time I mentioned that I was going to Brazil. Family members, friends, and even coworkers stressed using bug spray and wearing long sleeves and pants to minimize the skin exposure to mosquitos. My thoughts mirrored their thoughts. I had some reservations about going to Brazil but it was one of the destinations on my long list of places to visit. I would have packed differently if the Zika virus wasn’t being discussed in the news on a regular basis. My suitcase was filled with long pants, long dresses, long shirts, and camisoles. I wanted to bring my sun dresses and shorts and tank tops as I knew that the weather would be perfect for these items. I purchased “Zika bracelets’ and Center for Disease and Control Prevention (CDC) approved mosquito repellent. I imagine other tourist going to Brazil had similar thoughts and feeling. My objective while in Brazil was to see how the announcement of the Zika virus has affected their economy in the...
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...Economics and Finance Assignment #3 Economic Impact of the FIFA World Cup 2014 on the Host Destination Brazil Table of Content Introduction 3 Economic Impact 3-4 Event Tourism 4-5 Image and place marketing 5-6 Urban development and renewal 6-8 Social development 8-9 Conclusion/Discussion 9-11 Bibliography 12 Introduction The purpose of this report is to analyze and define the economic impact of the FIFA World Cup 2014 in Brazil. An economic impact report allows public sector bodies to analyze their economic return on investment and it also demonstrates how events drive economic benefits that enable event organizers to develop practices maximizing these benefits. (eventIMPACTS) In 2007 Brazil was announced as the host of the world`s biggest football event, the FIFA World Cup 2014. This will be the second time the country has hosted the competition, making Brazil the fifth country to have hosted the FIFA World Cup twice. This extraordinary event will be held from 12 June till 13 July and will take place in 12 stadia spread over Brazil. (Brazilian Federal Government) This paper begins with an overview of the economic impact by hosting this event. Furthermore I will outline the impact of the 2014 FIFA World Cup on tourism, the destination image and the development of infrastructure. I will then conclude by identifying the social impact...
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...Greece and Brazil: A Comparison of the Costs and Benefits Associated with Free Trade Policies and Restrictive Trade Policies. Introduction The countries of Greece and Brazil have experienced unique situations in both economic conditions. These situations brought about significant changes in policy, which resulted in several events having both negative and positive impacts on each country’s development, and most importantly, international trade. This paper will also examine the economic structure of both Greece and Brazil, while identifying the similarities and differences of these structures. Greece became a member of the European Union in the 1980’s and participated in the free trade environment that was and is a representation of the EU. Brazil, on the other hand, practices protectionism which also had both a negative and positive impact on the country. This paper looks at both the positive and the negative impacts of each country’s trade policies and practices. Historical Insight A Brief History of Greece Greece (The Hellenic Republic) is located on the far south of the Balkan Peninsula, and consists of over 1400 islands, the largest of which is Crete, and the capital is Athens. Greece has a population of around 11 million people as at 2013, according to the World Bank. Its GDP is 242.2, GDP growth -3.3% and inflation is -0.9% as also confirmed by the World Bank in 2013, see Table 1. Greece has a parliamentary democratic system, the main political parties are ...
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...Introduction The FIFA World Cup in Brazil took place from the 12th of June to the 13th of July 2014. Attracting approximately one million foreign tourists in just one month (Loretta, 2014) it was without a doubt the major global sporting event of the year. Discussions about holding such an event in yet another developing country where controversial from the start and with regard to the 2016 Olympic Games also held in Brazil, they still are. In this essay I want to evaluate to what extent Brazil as a tourism destination benefitted from the World Cup – or not – and how this affects the destination in the long term. Therefore, I firstly provide three positive impacts on Brazil, of economic, social and environmental nature. This is followed by three negative impacts, divided into the same categories. This is followed by an application of theory about hallmark events and a future perspective of Brazil as a tourist attraction. In the end, I conclude this essay by summarizing the main aspects and giving my personal opinion on the developments described before. Body If we compare the total revenue of the World Cup with the total costs of the tournament, coming from investments such as infrastructure or stadium construction, we can calculate that the economical boost should be around 2.6 Billion Dollars (Harris, 2014). Also, the fact that one million foreign tourists were travelling the country in this period may not be underestimated. A positive experience of local culture and interaction...
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...PROJECT REPORT ON MEDICAL TOURISM WITH REFERENCE TO INDIA Origin and Evolution of Medical Tourism Medical tourism is actually thousands of years old. In ancient Greece, pilgrims and patients came from all over the Mediterranean to the sanctuary of the healing god, Asklepios, at Epidaurus. In Roman Britain, patients took the waters at a shrine at Bath, a practice that continued for 2,000 years. From the 18th century wealthy Europeans travelled to spas from Germany to the Nile. Since the early nineteenth century, when there were no restrictions on travel in Europe, people visited neighboring countries in order to improve their health. At first, mere traveling was considered to be a good therapy for mental and physical well-being. In the 21st century, relatively low-cost jet travel has taken the industry beyond the wealthy and desperate. Later, mostly wealthy people began traveling to tourist destinations like the Swiss lakes, the Alps and special tuberculosis sanatoriums, where professional and often specialized medical care was offered. In this century, however, medical tourism expanded to a much larger scale. Thailand, followed by India, Puerto-Rico, Argentina, Cuba and others quickly became the most popular destinations for medical tourists. Complicated surgeries and dental works, kidney dialysis, organ transplantation and sex changes, topped the list of the most popular procedures. It was estimated that in 2002, six hundred thousand medical tourists came to Bangkok and...
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...focus on infrastructure investments and public-private partnerships. The largest players, which include Construtora Norberto Odebrecht S.A. (Baa3 stable), Construtora Andrade Gutierrez S.A. (Ba1 stable), OAS S.A. (B1 stable) and Mendes Junior Trading e Engenharia S.A. (B1 stable), have been involved in all of the major World Cup projects, including the construction or renovation of stadiums and upgrades to airports and marine ports. Infrastructure projects for the World Cup, estimated at BRL26 billion ($11.5 billion), have been an important contributor to revenues in Brazil during the past few years. Nevertheless, total stadium investments of about BRL 8 billion ($3.5 billion) constitute only a minor portion of the rated players’ total backlog of more than BRL 120 billion ($52.9 billion). At its peak, backlog related to the World Cup represented, on average, about 10% of the total for the large companies in the industry, with the most impact on Construtora Andrade, OAS and Mendes. (See page 8 for impact on rated infrastructure operators.)During the 32 days of the World Cup, heavy construction companies may be negatively affected by a decrease in working hours and lower productivity. Mendes Junior and OAS are more vulnerable to this risk owing to their higher exposure to Brazilian projects. Food and beverage The World Cup represents a major opportunity for Brazilian consumer goods companies to strengthen connections with consumers through their association with an event that is deeply...
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...tour market. The Company's Mission WCTBS’ mission is to provide safe, reliable and fun sightseeing tours and bus services to our customers. Six of the buses will be used for tours locally, three for tours to Suriname, Venezuela and Brazil. With a combination of clean buses, friendly and informative and helpful driver guides along with outstanding customer service, WCTBS intends to lead the other companies and make our standards their ambition. Objectives WCTBS will have as it primary objectives the following elements: To establish and operate a new tour company and bus service aiming specifically at touring the monuments, memorials, museums, and government buildings of the capital city as well as touring the historic and picturesque regions of Guyana. To implement an organizational and marketing strategy that will, beginning in the first months of operation, achieve 65-85 percent capacity on each bus during the summer and increasing thereafter to 75-100 percent, thereby maximizing revenues and return on investment while reducing risk. To achieve revenues of about $14 million by our first full year of the operations, exceeding $20 million by our third year. Also to expand into newer markets in the bus services industry. To gear...
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...Introduction Brazil is the economic leader in South America. It is located in eastern South America bordering the Atlantic Ocean. Almost 85% of South American countries border Brazil. Most of the country is located below the equator and it has a total area of 8,511,965 square kilometers (Brazil Facts) making it the fifth largest country in the world behind the U.S. Brazil has a distinctive topography, in the north and west you can find the Amazon Basin with tropical-like weathers. Brazil is also facing deforestation losing about 52,000 square miles of amazon each year. In the south east of the country you will find its highlands and plateaus. Brazil also has a distinctive climate. The climate is generally classified into five subtypes: equatorial, tropical, semiarid, highland tropical and subtropical but 90% of the country is mostly considered tropical. (Climates of Brazil) Social Economic and Cultural Factors As for being the fifth largest country in the world land wise, Brazil is also the fifth largest country when it comes to population. According to the CIA Brazil’s population in 2012 was over two hundred million. 26.2% of the population in 2011 is between 0-14 years of age, 67% of the population in 2011 is between 15-64 years of age, and 6.7% of the population in 2011 is 65+ years of age.(CIA Fact book) Because Brazil was colonized by the Portuguese the primary language in this country is surprisingly Portuguese! Other slightly common languages you might also hear are...
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...growth in underdeveloped ‘Base of the Pyramid’ (BOP) regions, but it may also lead to unanticipated negative outcomes such as crime and social exclusion. Our objective is to improve the understanding of how entrepreneurship policies can lead to socially inclusive growth at the BOP. Drawing on data collected from Brazilian tourism destinations with varying entrepreneurship, innovation, and social inclusion policies, we argue that weak institutions coupled with alert entrepreneurs encourage destructive outcomes, especially if entrepreneurship policies are based solely on economic indicators. Policies addressing both economic and social perspectives may foster more productive entrepreneurial outcomes, albeit at a more constrained economic pace. The study extends the related BOP, entrepreneurship, global value chain, and sustainable tourism literatures by examining the poor as entrepreneurs, the role of local innovation, and how entrepreneurship policies generate different social impacts within poor communities. Keywords: base of the pyramid (BOP), entrepreneurship policy, innovation, social entrepreneurship, social inclusion, tourism industry INTRODUCTION Policy makers have identified entrepreneurship as a mechanism to alleviate poverty (Hart, 2007; Matten and Crane, 2005; Peredo and Chrisman, 2006), particularly in ‘Base of the Pyramid’ (BOP) regions, where impoverished socio-economic groups have...
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...Globalization in Brazil: Poverty, Labor, and Human Rights within a Neo-Liberal Framework By: Dylan Fermante 210015071 For: Prof. Hoosiyar AP/HREQ 3010 July 14, 2010 Since the collapse of the Bretton Woods system in the 70s a new framework for a global economic structure has been developing. This modern structure is an evolved form of capitalism, driven by neoliberal ideologies, which has adapted to the economic and social conditions of the current day. The recent phenomenon of globalization is in essence a modern form of global hegemony and dominance that establishes control through financial domination and capital exploitation. This paper focuses on this process of domination by examining the effects of neoliberal policies and structural reforms using the nation of Brazil as the unit of analysis. As will be discussed later in this report the government of Brazil has undergone significant structural changes over the last few decades that have resulted in an economic shift towards neoliberal policies. Policies promoting free enterprise capitalism, privatization of national assets, deregulation, tax reforms, flexible interest rates, trade liberalization and reductions in public expenditure have resulted in devastating outcomes for poor and marginalized groups within Brazil. These economic reforms have reordered government priorities resulting in cuts in social spending, worsening of wage inequality, displacement of workers, intensification of national debt and the weakening...
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...The Nature Of Tourism And Travel Introduction Tourism simply refers to travelling for leisure, business or recreational purposes. From this point of view it is clear that tourism and travelling go hand in hand. One cannot talk of tourism without travel, and also cannot talk of travel without tourism. Tourists usually travel and stay away from their normal areas or rather environment for some time with an aim of getting involved in business, leisure or other purposes. Those tourists who travel for leisure tend to target the wildlife and also other natural sites. The tourists who travel for business tend to target conferences .The tourists normally help in uplifting the economies of those countries they visit. Apart from that tourism tend to make the world to be more interactive and a better place for everyone. Tourism is known to be the world’s largest industry, where a lot of money is made .It is very crucial area. Many countries around the world spend a lot of money, billions and billions of dollars in tourism in order to ensure that it continues. As a major player in economies of many countries, tourism provides employment especially in the service industry in areas involving transportation, accommodation and entertainment. Tourism knows no borders .It involves even the locals in what is called local tourism. So apart from tourists coming from other parts of the world, the local tourists also find time to tour their own native country. These locals also find time to...
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...Tourism simply refers to travelling for leisure, business or recreational purposes. From this point of view it is clear that tourism and travelling go hand in hand. One cannot talk of tourism without travel, and also cannot talk of travel without tourism. Tourists usually travel and stay away from their normal areas or rather environment for some time with an aim of getting involved in business, leisure or other purposes. Those tourists who travel for leisure tend to target the wildlife and also other natural sites. The tourists who travel for business tend to target conferences .The tourists normally help in uplifting the economies of those countries they visit. Apart from that tourism tend to make the world to be more interactive and a better place for everyone. Tourism is known to be the world’s largest industry, where a lot of money is made .It is very crucial area. Many countries around the world spend a lot of money, billions and billions of dollars in tourism in order to ensure that it continues. As a major player in economies of many countries, tourism provides employment especially in the service industry in areas involving transportation, accommodation and entertainment. Tourism knows no borders .It involves even the locals in what is called local tourism. So apart from tourists coming from other parts of the world, the local tourists also find time to tour their own native country. These locals also find time to tour other countries, and in the process tourists from...
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...time. Climate change may also be termed as the carbon change because this change is caused by the accumulation of carbon dioxide and other particles that prevent part of the sun’s warming rays from reaching the earth’s atmosphere. The burning of carbon fuels notably wood, oil and coal generates greenhouse gases which creates a layer that trap the heat from the sun close to the earth’s atmosphere. These greenhouse gases cause depletion of the ozone layer that protects the human skin from harmful ultra violet sun rays that may cause cancer. Hospitality and Tourism industry have a two way relationship with the climate. The two way relationship between tourism and climate change has important economic and developmental implications for many regions in the world. It goes without saying that the hospitality, travel and tourism industry is a major contributor to global economic development. There are economies in the world whereby tourism is the backbone of their economic development. Climate change has a significant...
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...Analysis of American Tourism problems and Suggestions Nessie Shi May 8, 2013 Abstract This article main focuses on the problem and suggestions of current American tourism. Though analysis the history and current situation of America tourism, the article points out three problems the America tourism exist. Then the article indicates some suggestions to resolve the problems. The America tourism developed from 1790, and stand at the maturity stage now. It has rich tourism resource, such as the park, the museum, the theme park, the internet system, and developed transportation system and so on. However, the result is not the best in the world. Even though the America tourism is mature compare with more countries, it also has some problems because the special country condition. Such as the economy problem, security problem, visa problem and medial tourism problem. The article gives some suggestion aimed at each problem. Introduction “Tourism is the number-one service that we export. And that means jobs.” “More money spent by more tourists means more business can hire more workers.” President Obama announced when he went to Walt Disney World’s Magic Kingdom in Orlando, Florida January 19, 2012. (Laura, 2012). According to the statistic from the government, tourism and travel account is 2.7% of US gross domestic product (GDP) and support 7.5 million jobs. Generated...
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...the South American continent and strongly influences the attraction of foreign investment. It is the fifth largest country on the planet, with a population of 180 million inhabitants, responsible for a very promising, predominantly urban, market. The country has the possibility to overcome the situation of exclusion from the digital world for a large portion of its population (approximately 28 million Brazilians have internet access, the highest rate in Latin America), due to an increase in telephone services, particularly in the case of prepaid mobile telephones. In addition, the development of a specific model of digital television makes the Brazilian market a gigantic laboratory for the use of applied technology. Furthermore, Brazil has the largest and most diversified system of science, technology and innovation in Latin America, a result of the accrual of accomplishments in the last 50 years, which include the capacity for oil prospection in deep waters and the ability to build aircrafts. Furthermore, the country invests in space and nuclear programs, as well as in new areas currently at the border of knowledge, such as nanoscience, nanotechnology and biotechnology. Infrastructure and partnerships Within the area of infrastructure, due to the urgency in the social agenda, the demand for modernization is shared between the State and capital from the private sector, in initiatives known as Public-Private Partnerships (PPP). In the Transport sector, the country...
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