Stability of Caribbean Countries
The Case of Tourist-Oriented Economies
Bibliographic Data
| ID | 11411536 |
|---|---|
| Authors | William D Gunther (corresponding author), Mary Fish |
| Year | 1994 |
| Volume | 19 |
| Issue | 1 |
| Pages | 12-17 |
| Publication date | 1994-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Tourism Recreation Research (JOURNAL) |
| Journal identifiers | ISSN: 0250-8281 • E-ISSN: 2320-0308 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/02508281.1994.11014688 |
| OpenAlex | W2013414419 |
| Language | EN |
| References cited | 8 |
This study tests the hypothesis that during the 1980s tourist-oriented Caribbean economies experienced cyclical economic activity due to changes in tourist activities. Many Caribbean economies were unstable during the last decade. However, the economic instability in the 14 countries studied could not be traced to fluctuations in tourist expenditures. In these countries the average share of their gross national product (GNP) attributed to tourism is rather small for the Caribbean. Only Jamaica, with 39 per cent of its GNP associated with tourist expenditures, appeared to be vulnerable to tourism cycles. The tourism industry in the Caribbean experienced strong fluctuations in revenue during the 1980s. However, fluctuations in GNP growth rates were more pronounced, and affected countries with relatively low levels of tourism revenues as well as others. Thus, Caribbean countries which are developing their international tourism industries do not necessarily confront greater cyclical economic activity. This po
Business · Development economics · Economics · Geography · Cruise Tourism Development and Management · Diverse Aspects of Tourism Research · Sport and Mega-Event Impacts
| Citation velocity | historical |
|---|---|
| Highly cited | No |