Publication:
Local Economic Development and Tourism

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dc.contributor.authorHayakawa, Tatsuji
dc.contributor.authorRivero, Monica
dc.date.accessioned2012-08-13T10:48:48Z
dc.date.available2012-08-13T10:48:48Z
dc.date.issued2009-08
dc.description.abstractThe World Bank dropped its engagement in the tourism sector during the 1980s after twenty years of financing tourism projects which included infrastructure for resort sites, lines of credit for hotels, training, and investment in hotels and other tourism related projects. At the time, World Bank lending for tourism in Latin America and the Caribbean (LAC) was just US$350 million per year. After the tourism department closed in the late 70s, some projects supporting tourism continued, but total annual lending for tourism fell to US$150 million by the mid-80s. It had reached a low of US$50 million by the mid-90s. To the mid-90s the trend started reversing itself and by 2007 annual lending for tourism grew to US$175 million, and is expected to pass the $550 million dollar mark during FY09. The World Bank's renewed interest in tourism derives from its direct and indirect roles in reducing poverty and achieving the United Nations millennium development goals. Tourism is currently estimated to contribute around 10 percent of global gross domestic product (GDP) and to be the largest contributor to employment worldwide. Thus tourism can impact positively on local economic development (LED) and, in turn, can lead to poverty reduction in destination communities and countries.en
dc.identifierhttp://documents.worldbank.org/curated/en/2009/08/11472990/local-economic-development-tourism
dc.identifier.doi10.1596/10236
dc.identifier.urihttps://hdl.handle.net/10986/10236
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesen breve; No. 145
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVENTURE TOURISM
dc.subjectARCHEOLOGY
dc.subjectARCHITECTURAL INTEREST
dc.subjectBANKING SECTOR
dc.subjectBASIC
dc.subjectCABINS
dc.subjectCARIBBEAN COAST
dc.subjectCITIES
dc.subjectCOMMUNITY BASED TOURISM
dc.subjectCOMMUNITY TOURISM
dc.subjectCONSERVATION
dc.subjectCONSERVATION INTERNATIONAL
dc.subjectCRUISE
dc.subjectCRUISE SHIPS
dc.subjectCULTURAL HERITAGE
dc.subjectCULTURAL TOURISM
dc.subjectCULTURAL TOURISM DEVELOPMENT
dc.subjectCULTURAL UNDERSTANDING
dc.subjectECO-TOURISM
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACTS OF TOURISM
dc.subjectECOTOURISM
dc.subjectEMPLOYMENT
dc.subjectENVIRONMENTAL CONSERVATION
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectFINANCIAL SERVICES
dc.subjectFISHING
dc.subjectHANDICRAFTS
dc.subjectHERITAGE PROTECTION
dc.subjectHISTORIC CITY
dc.subjectHOLIDAYS
dc.subjectHOST CITY
dc.subjectHOTELS
dc.subjectIMPACTS OF TOURISM
dc.subjectINDIGENOUS COMMUNITY
dc.subjectINDIGENOUS CULTURES
dc.subjectINDIGENOUS PEOPLES
dc.subjectLANDSCAPES
dc.subjectLEARNING
dc.subjectLOCAL HERITAGE
dc.subjectLOCAL TOURISM
dc.subjectMUNICIPAL TOURISM
dc.subjectMUNICIPALITIES
dc.subjectNATIONAL GEOGRAPHIC SOCIETY
dc.subjectNATIONAL PARK
dc.subjectPROFITABILITY
dc.subjectQUALITY OF LIFE
dc.subjectRESORT
dc.subjectRESPONSIBLE TOURISM
dc.subjectSOCIAL CAPITAL
dc.subjectSUSTAINABILITY
dc.subjectSUSTAINABLE TOURISM
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTEMPLE
dc.subjectTOUR
dc.subjectTOUR GUIDES
dc.subjectTOURISM
dc.subjectTOURISM BUSINESSES
dc.subjectTOURISM DEPARTMENT
dc.subjectTOURISM DEVELOPMENT PROJECT
dc.subjectTOURISM ENTERPRISES
dc.subjectTOURISM ENTREPRENEURS
dc.subjectTOURISM MARKET
dc.subjectTOURISM PROJECTS
dc.subjectTOURISM RESEARCH
dc.subjectTOURISM SECTOR
dc.subjectTOURIST
dc.subjectTOURIST DESTINATION
dc.subjectTOURIST DESTINATIONS
dc.subjectTOURIST EXPERIENCE
dc.subjectTOURISTS
dc.subjectTRADITIONAL VALUES
dc.subjectURBAN DEVELOPMENT
dc.subjectURBAN PLANNING
dc.subjectVISITOR
dc.subjectVISITORS
dc.titleLocal Economic Development and Tourismen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.doiregistration2025-04-29T10:07:24.012615Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2009/08/11472990/local-economic-development-tourism
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid332031468265788632
okr.identifier.externaldocumentum000333038_20091208022511
okr.identifier.internaldocumentum11472990
okr.identifier.report52045
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/12/08/000333038_20091208022511/Rendered/PDF/520450BRI0EnBreve1450Box345549B01PUBLIC1.pdfen
okr.region.administrativeLatin America & Caribbean
okr.topicCultural Heritage and Preservation
okr.topicAccommodation and Tourism Industry
okr.topicBanks and Banking Reform
okr.topicEnvironment::Tourism and Ecotourism
okr.topicCulture and Development::Cultural Policy
okr.topicFinance and Financial Sector Development
okr.topicIndustry
okr.unitSocial Development (LCSSO)
okr.volume1 of 1
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