...Economic impacts of Tourism Page # 1 Economic Impacts of Tourism Daniel J. Stynes Businesses and public organizations are increasingly interested in the economic impacts of tourism at national, state, and local levels. One regularly hears claims that tourism supports X jobs in an area or that a festival or special event generated Y million dollars in sales or income in a community. “Multiplier effects” are often cited to capture secondary effects of tourism spending and show the wide range of sectors in a community that may benefit from tourism. Tourism’s economic benefits are touted by the industry for a variety of reasons. Claims of tourism’s economic significance give the industry greater respect among the business community, public officials, and the public in general. This often translates into decisions or public policies that are favorable to tourism. Community support is important for tourism, as it is an activity that affects the entire community. Tourism businesses depend extensively on each other as well as on other businesses, government and residents of the local community. Economic benefits and costs of tourism reach virtually everyone in the region in one way or another. Economic impact analyses provide tangible estimates of these economic interdependencies and a better understanding of the role and importance of tourism in a region’s economy. Tourism activity also involves economic costs, including the direct costs incurred by tourism businesses...
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...Economic Impact Analyses analyze the economic effects of a particular project in a particular area. This analysis can cover a region as small as a neighborhood and as large as the world. The main variables analyzed include revenue, profits, wages, and jobs. They consider the direct impact the economic impact has on an area as well as indirect impacts. For instance, you can analyze the total number of employees a firm will hire if it builds a new factory. You can also analyze what this increase in employment will do to other non-related industries in the area. These newly employed workers will have more money to spend at a local store which will in turn create more profits and potentially more jobs. It typically analyzes activity before the project and after the compare the changes and the impact of the project. This is typically done by measuring the difference in economic activity assuming the economic event occurs and then assuming it does not occur. This is called the counterfactual case. An economic event can be defined as a new business moving into a region, a new policy or government program, or any other activity that produces some sort of profit. This is useful to determine if a particular project is worth investing in (Southwestern Oklahoma State University, 2012) . The main types of impact analysis include output impact, value added impact, labor income impact, and employment impact. There is also a property value impact. An output impact measure the total increase...
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...Economic impact approaches Page #1 Approaches to Estimating the Economic Impacts of Tourism; Some Examples Daniel J. Stynes Updated January 1999 Introduction The purpose of this bulletin is to present examples of different approaches to estimating the economic impacts of tourism. In a previous bulletin (Stynes 1997), I summarize economic impact concepts and methods as they apply to tourism. Here we apply the methods to illustrative cases in order to demonstrate some practical approaches. Three specific examples are presented. These represent a range of alternatives for estimating the economic impacts of visitor spending. The techniques covered range from methods based largely on judgement, to methods that utilize secondary spending data and published multipliers, to the use of visitor surveys and input-output models. A third bulletin in this series discusses survey methods for measuring visitor spending and includes sample spending instruments. While the construction and operation of tourist facilities also has economic impacts, we will restrict our attention here to the impacts of visitor spending. Review of Basic Approach and Levels of Analysis The economic impact of visitor spending is typically estimated by some variation of the following simple equation: Economic Impact of Tourist Spending = Number of Tourists * Average Spending per Visitor * Multiplier This equation suggests three distinct steps and corresponding measurements or models: (1) Estimate the change...
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...The Rise of “Economic Consequences” – Notes The impact of accounting reports on decision making may be the most challenging accounting issue of the 1970s. By Stephen A. Zeff Notes by Tyler Shivers Introduction There are increasing “outside forces” in the standard setting process since 1960s. Two parallel developments marking this trend * Individuals and groups rarely had shown interest in setting accounting standards but then started intervening actively & powerfully in the process * New arguments had be brought up and the term “economic consequences” has been used to describe them Economic consequences – the impact of accounting reports on the decision making behavior of business, government, unions, investors, and creditors. * Accounting standards setters must take into consideration of detrimental consequences when deciding on accounting questions. Until recently, accounting policy making was deemed neutral in effect or was considered not responsible. Policy makers have been aware since 1960s that there was a third party intervention issues but not the Economic Consequences argument till 1970s When management began intervening, its true position was probably disguised This is the tactical rhetoric suggested by examination of arguments 1. The traditional accounting model, where management was genuinely concerned about unbiased and “theoretically sound” accounting measurements. 2. The traditional accounting model, where management was really seeking...
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...has established its roots in the Middle East. In June 2014, the Islamic State which sometimes calls itself the Islamic State of Iraq and Levant (ISIL) or the Islamic State of Iraq and al-Shram (ISIS) announced its establishment on the world politics (Lister, 2014). The organization is led by Abu Bakr al-Baghdadi who declared himself the Caliph. On his announcement, al-Baghdadi assumed the title of the Commander of the faithful Caliph Ibrahim II. Islamic State aspires to unite all Muslims in one state. According to the jihadists, this is only possible through a caliphate in which ISIS is closest to achieving. The difficulty of the formation of the caliphate is the harsh opposition the group obtains from the Shias who are a fifth of all the Muslims. Such oppositions had already been observed in the history of Islamic schism (Lister, 2014). ISIS ideological appeal has worked in its favor to recruit its fighters all over the world. The strategy has also resulted to some supports from Muslim countries such as Pakistan. Nonetheless, the group has unspeakable violence majorly directed to Christians and the Shias. This paper conducts an in-depth analysis of the Islamic State regarding its evolution, modus operandi in terms of its operations and recruitment. The paper then assesses the impacts and threats of the group not only in the Middle East, but also world-wide. Literature Review The Islamic State has made great advances in both Iraq and Syria. It has captured significant...
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...ISIS Introduction: ISIS is a terrorist group led by Abu Bakr al-Baghdadi. It began as the Iraqi chapter of Al Qaeda. But the two groups always had disagreements, and ISIS broke away in 2014. Now ISIS and Al Qaeda compete for influence and recruits. In 2011, a civil war broke out in Syria in response to efforts to overthrow dictator Bashar al-Assad. ISIS quickly took advantage of the chaos. The group now controls a vast territory in Syria and Iraq. They’ve become one of the largest, most successful, and most violent groups operating in Syria and Iraq. They execute prisoners of war, enslave minorities. ISIS funds itself by selling oil, extracting taxes, and extortion. Until recently, ISIS has focused on consolidating and expanding its territory. But it seems to be shifting its focus to attacks outside Iraq and Syria. ISIS is good for Global Economy: Overview of Turkey(1): Reports that Turkey has almost doubled its exports to Syria after ISIS stepped up its control of border crossings has focused attention once more on the relationship between Turkey and ISIS gangs. ‘Co-operation’ between ISIS and Turkey led to a 99% increase in Turkish exports to Syria in the month of August, with the country jumping 10 places to 33rd most important export market. While in the first 8 months of last year(2014)Turkish exports to Syria totalled $574 million, this year that figure rose to $903 million. Since the town of Azaz near the Kilis border passed under the control...
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...ISIS Introduction: ISIS is a terrorist group led by Abu Bakr al-Baghdadi. It began as the Iraqi chapter of Al Qaeda. But the two groups always had disagreements, and ISIS broke away in 2014. Now ISIS and Al Qaeda compete for influence and recruits. In 2011, a civil war broke out in Syria in response to efforts to overthrow dictator Bashar al-Assad. ISIS quickly took advantage of the chaos. The group now controls a vast territory in Syria and Iraq. They’ve become one of the largest, most successful, and most violent groups operating in Syria and Iraq. They execute prisoners of war, enslave minorities. ISIS funds itself by selling oil, extracting taxes, and extortion. Until recently, ISIS has focused on consolidating and expanding its territory. But it seems to be shifting its focus to attacks outside Iraq and Syria. ISIS is good for Global Economy: Overview of Turkey(1): Reports that Turkey has almost doubled its exports to Syria after ISIS stepped up its control of border crossings has focused attention once more on the relationship between Turkey and ISIS gangs. ‘Co-operation’ between ISIS and Turkey led to a 99% increase in Turkish exports to Syria in the month of August, with the country jumping 10 places to 33rd most important export market. While in the first 8 months of last year(2014)Turkish exports to Syria totalled $574 million, this year that figure rose to $903 million. Since the town of Azaz near the Kilis border passed under the control...
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...Government/PSCL Period 5 12-18-15 Standard 8 Understand the role of the United States in current world affairs. Ethos The United States often plays a key role in a variety of issues around the world and displays high levels of internationalism.. Therefore foreign policy must be formed very strategically to promote government interests. Currently, one of the main issues being faced around the world is a terrorist group known as ISIS or ISIL. The radical islamic group has been making demonstrations of their power for a few years now. Using violent tactics such as mass public murders, and executions which are often filmed and put on the internet as propaganda. Some of those videos were analyzed in the video The...
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...often considered that in addition to these infamies, terrorism, like other forms of organized crimes, is decisive, calculated and meticulously premeditated. The real strength of these organizations last in the interdependency that they create between the region that they operate in and themselves. The reason why these outfits spreading violence are so difficult to combat is the economic interdependency in particular. They become ingrained in the regions they function in and moreover gain profits for the acts of terrorism in the region. The profits that are gained are through tactical victimization of populations...
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...know the enemy and know yourself you need not fear the results of a hundred battles“ –– Sun Tzu, Chinese philosopher and military strategist, around 500 BC. “Our terrorism against America is blessed terrorism.” –– Osama bin Laden (on video) “The acme of this religion is jihad.” — Osama bin Laden (Bergen, 2001, p. 41) Many have asked, “what can we do to defeat the Islamic State of Iraq and al-Sham (ISIS)? ” There have been a variety of suggestions from airstrikes, isolation , establishing a national unity government in Iraq to the feasibility of a counter-offensive using 'local' militia's and only as a last resort U.S. Boots on the ground. These are all worthy ideas; however, it is imperative to get a fundamental understanding of what has caused this problem because ISIS is growing and becoming stronger (even though current air strikes and counter-offensives have been successful). Before a decision can be made a rigorous analysis is necessary, a sociological analysis, so that the United States and the rest of the world can determine what must be done regarding ISIS and why. (Thesis): This paper will argue that the challenge of removing IS lies in our ability to understand and realize that the terror group’s appeal is not its alleged goal of a regression to the glorious past of Islam (as Armstrong put it), nor that Islam is the fundamental cause of this anomaly, but that ISIS's appeal is, as Dorsey and Ali state, “...the opportunity it offers the socially, economically...
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...since ISIS militants have started a coordinated attack on cities in Iraq, as well as the conclusions of the group after both sides of the debate have been presented. The U.S. is right to get involved in Iraq The history of U.S. involvement To justify the U.S getting involved again in Iraq, you have to examine the history of the original invasion in 2003. This military operation helped save thousands of Iraqi civilians, overthrow a ruthless dictator that developed and used chemical weapons on his own people, supported terrorist organizations, and helped to restore order where order was lost for decades. The military operation also disarmed a vast terrorist training and financial support network that was looking to attack the U.S. Although there has been a huge public backlash due to the media supporting the whole "WMDs in Iraq was a lie to get us to go to war", the fact was that the regime’s overthrow by the U.S. was supported by almost all of Iraq. This also gave notice to other Middle Eastern dictators such as Libya’s Colonel Gaddafi that the U.S. would not tolerate support for terrorist organizations that threatened our country. I believe that war is awful, soldier's lives get torn apart by post war PTSD, and the economic impact has been immense. However, at the time, invading Iraq was definitely better than letting threats to civilized world grow, and the U.S. had the right to protect its’ allies as well. The path forward for U.S. involvement As the ISIS military...
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...founded in 1995 to build trusted digital archives for scholarship. We work with the scholarly community to preserve their work and the materials they rely upon, and to build a common research platform that promotes the discovery and use of these resources. For more information about JSTOR, please contact support@jstor.org. The Latin American Studies Association is collaborating with JSTOR to digitize, preserve and extend access to Latin American Research Review. http://www.jstor.org AND INDUSTRIALIMPORT SUBSTITUTION IZATION IN LATIN AMERICA: AND INTERPRETATIONS* EXPERIENCES WernerBaer,VanderbiltUniversity THROUGHOUT MOST OF THE FIFTIES AND SIXTIES MANY LATIN AMERICAN GOVERN- Industrialization ments adoptedImportSubstitution (ISI) as their...
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...Egypt’s regional impact can primarily be broken down into immigration and counterterrorism. Egypt’s impact on immigration, primarily from Libya and Sudan, effects the surrounding countries by allowing African immigrants into the middle east. Since the early 2000s, Egypt has encountered major problems with immigration from Africa. Millions of poor Africans from Libya and Sudan flee to Egypt to escape poverty and war. Egypt’s border control methods are harsh and sometimes lethal to immigrants according to the Human Rights Watch (2016). Egypt’s laws addressing the treatment of immigrants are severely lacking in any type of criminal protection and do not guarantee their rights will not be infringed. Despite its laws being harsh, Egypt is also considered a stepping stone for the rest of the middle east. Many immigrants only pass through Egypt to get to Israel or Jordan....
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...ISI, IBSS & SA DHET - FOR 2012 SUBMISSION TITLE LIST COUNTRY ISSN E-ISSN PUBLISHER'S DETAILS Subject classifaction International Accreditation - SA JOURNALS 4Or-A Quarterly Journal Of Operations Research ISI SCIENCE A + U-Architecture And Urbanism ISI ARTS & HUMANITIES A Contrario IBSS Aaa-Arbeiten Aus Anglistik Und Amerikanistik ISI ARTS & HUMANITIES Aaohn Journal ISI SCIENCE Aaohn Journal ISI SOC SCIENCE Aapg Bulletin ISI SCIENCE Aaps Journal ISI SCIENCE Aaps Pharmscitech ISI SCIENCE Aatcc Review ISI SCIENCE Abacus: Journal Of Accounting, Finance And Business Studies IBSS Abacus-A Journal Of Accounting Finance And Business StudiesISI SOC SCIENCE Abdominal Imaging ISI SCIENCE Abhandlungen Aus Dem Mathematischen Seminar Der UniversISI SCIENCE Abstract And Applied Analysis ISI SCIENCE Abstracts Of Papers Of The American Chemical Society ISI SCIENCE Academia-Revista Latinoamericana De Administracion ISI SOC SCIENCE Academic Emergency Medicine ISI SCIENCE Academic Medicine ISI SCIENCE Academic Pediatrics ISI SCIENCE Academic Psychiatry ISI SOC SCIENCE Academic Radiology ISI SCIENCE Academy Of Management Annals ISI SOC SCIENCE Academy Of Management Journal ISI SOC SCIENCE Academy Of Management Journal IBSS Academy Of Management Learning & Education ISI SOC SCIENCE Academy Of Management Perspectives ISI SOC SCIENCE Academy Of Management Perspectives IBSS Academy Of Management Review ISI SOC SCIENCE Academy Of Management Review IBSS Academy Of Marketing Science Review IBSS Acadiensis...
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...other countries. This current wave of globalization has been driven by policies that have opened economies domestically and internationally. According to Stanford encyclopedia of philosophy, since the Second World War, and especially during the past two decades, many governments have adopted free-market economic systems, vastly increasing their own productive potential and creating new opportunities for international trade and investment. Governments also have negotiated dramatic reductions in barriers to commerce and have established international agreements to promote trade in goods, services, and investment. Taking advantage of new opportunities in foreign markets, corporations have built foreign factories and established production and marketing arrangements with foreign partners. A defining feature of globalization, therefore, is an international industrial and financial business structure. This process has an influence on many aspects of life. This includes but not limited to culture, education, health, trade, environment, technology and investment. CULTURE Culture plays a significant part of globalization. Many people around the world are coming to question the impact that the worldwide expansion that globalization is...
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