Economic Repercussions of Tourism in the Caribbean Essay -- Economics

Economic Repercussions of Tourism in the Caribbean The tourism industry is one of the largest contributors to the world GDP. It employs millions worldwide and provides a livelihood for nations and individuals alike. Focussing on a more specific economy - the economy of the Caribbean - a similar picture emerges. Much of the population has found employment in industries directly related to tourism and many more have done so in industries indirectly related to tourism. Albeit, there lurks a reality that defies this rosy illusion. The adverse effects of tourism on the economy are many and significant. In the long run, few clear advantages are visible. For countries of the Caribbean, that support their total national revenue figures primarily with tourism dollars, many challenges confront them. Commercialization of the local culture is probably the most visible change imposed by tourism. In an attempt to cater to the needs of the tourist culture, higher priority has been awarded to the capitalistic pursuits of wealth. All in exchange for age-old customs rich in heritage and traditions, they have replaced liquid assets for one that made the locals unique among all others in the world, their identity. Encouraging Americanized methods have rendered many of these ways of life obsolete. Tradition with regards to clothing styles, food, music, religion, and many other customs have begun to disappear from the lives of the people, all in the interest of the economy. There is no economy in the world that can claim to be immune from the occurrences of the natural elements. Droughts, floods, storms any many other natural disasters constitute as only one factor that incur profound impacts on the economies. The shock m... ...Asia, enjoys tremendous newly attained prosperity, and possesses a capitol that is regarded as an urban financial hub of the highest caliber. The tourist sector has developed as a result, especially business tourism. But these tourists do not come to take advantage of the weather and natural sites; rather they come to admire the accomplishments of the Malay. This tourism acts as a simple boost to the economy, not a lifeline. Changes in the volatile market of tourism will not adversely impact the country. The Caribbean nations should take example of the success of the Asians in transforming their countries into booming developing countries from their poverty stricken and technologically impaired plight only decades ago. Domestically owned corporations and far greater emphasis on technological and other industrial fields is vital to their successful future.