SUSTAINABLE TOURISM DEVELOPMENT: ITS FEASIBILITY AND ECONOMIC VALUE

Rajasundram Sathiendrakumar
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Rajasundram Sathiendrakumar: Murdoch University, Australia

Chapter 34 in Handbook of Tourism Economics:Analysis, New Applications and Case Studies, 2013, pp 787-811 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe view that the pursuit of economic goals and environmental goals are not mutually exclusive has become prominent in recent economic literature. Their consistency is only possible if tourism is developed in a sustainable manner. Therefore, the long-term viability of the tourism industry in any country is dependent on the maintenance of natural, cultural and historical attractions. This chapter deals with the economic meaning of sustainable tourism. One interpretation is that it involves the maintenance of a constant stock of tourism artifacts, maximising tourism services from these, and minimising the energy level necessary to maintain that constant stock. This chapter also argues that even with sustainable tourism management, there will always be an interaction between tourism and the environment. Thus this chapter will not only be concerned with recognising and monitoring the impacts of tourism on the environment, but also with applying management measures to minimise its detrimental effects on the environment, with the aim of securing the long-term future of tourism resources.

Keywords: Accommodation and Tourism; China; Congestion and Tourism; Cost-Benefit Analysis of Tourism; Cruise Ship Tourism; Cultural and Heritage-Based Tourism; Demand for Touring; Economic Development and Tourism; Economic Impact Analysis of Tourism; Ecotourism; Educational Tourism; Environmental Conservation and Tourism; Ergodic Events and Tourism; Gambling and Tourism; Health and Tourism; India; Information Technology and Tourism; Infrastructure and Tourism; Inter-Industry Analysis of Tourism; International Tourism; Medical Tourism; National Parks and Tourism; Nature-Based Tourism; Pollution and Tourism; Protected Areas and Tourism; Public Finance and Tourism; Religious Tourism; Special Events and Tourism; Sustainable Tourism; Terrorism and Tourism; The Environment and Tourism; Theme Parks; Tourism; Tourism Economics; Tourism Industry; Tourism Satellite Accounts; Transport and Tourism; Travel; Travel Insurance; Vietnam (search for similar items in EconPapers)
Date: 2013
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