Government Functions & Economic Policy Impacts on Travel & Tourism
VerifiedAdded on 2023/04/04
|12
|489
|151
Essay
AI Summary
This essay explores the vital role of the travel and tourism sector in contributing to economic growth, emphasizing its impact on employment rates and overall development. It examines the functions of government bodies and international agencies in shaping tourism strategies, highlighting the shift from regional to national and international levels of intervention. The essay also analyzes how local and national economic policies, such as tax and cost-related arrangements, influence the success of the travel and tourism sector by attracting a larger number of travelers and fostering business opportunities. The document references various studies on greenhouse gas emissions, the impact of formal institutions, and sustainable tourism practices within the industry.
1 out of 12