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The Economy of Tourism in BangladeshEconomic Prospects of Tourism Industry in Bangladesh

The Economy of Tourism in Bangladesh: Economic Prospects of Tourism Industry in Bangladesh [With its composite activities, concrete growing trading opportunities, and various economic benefits, the tourism industry is now recognised as one of the fundamental pillars of economic prosperity in most countries. The enhancement of tourism activities tends to contribute to five high propriety goals: income generation, job creation, foreign exchange earnings, improvement of the living standards, and poverty reduction. This chapter analytically discusses the tourism industry's economic significance on Bangladesh's economy and empirically reveals that the tourism industry can positively affect Bangladesh's key macroeconomic variables in the long-run; however, the magnitudes are minimal.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The Economy of Tourism in BangladeshEconomic Prospects of Tourism Industry in Bangladesh

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References (26)

Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
ISBN
978-3-030-72899-1
Pages
83–113
DOI
10.1007/978-3-030-72900-4_4
Publisher site
See Chapter on Publisher Site

Abstract

[With its composite activities, concrete growing trading opportunities, and various economic benefits, the tourism industry is now recognised as one of the fundamental pillars of economic prosperity in most countries. The enhancement of tourism activities tends to contribute to five high propriety goals: income generation, job creation, foreign exchange earnings, improvement of the living standards, and poverty reduction. This chapter analytically discusses the tourism industry's economic significance on Bangladesh's economy and empirically reveals that the tourism industry can positively affect Bangladesh's key macroeconomic variables in the long-run; however, the magnitudes are minimal.]

Published: Aug 8, 2021

Keywords: Tourism industry; Economic impact; Employment; Income; Foreign earnings; Poverty; Inequality; Dutch disease; DOLS estimation; Bangladesh

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