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This Selected Issues paper analyzes sustaining potential growth in Aruba. As in the other Caribbean countries, there are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth. Tackling such concerns...
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Tourism has long been important part of the economy. Specifically, it serves as a kind of resource that performs a … significant role in national economies. With the rise of globalization, cross-border tourism has grown and induced intense … domestic tax serves as the source of funding for the improvements to the infrastructure of domestic tourism, including the …
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tourism industry as part of their regional development policies. The main objective of these programs is to increase local … investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect … introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that …
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