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Disaster Risk Management For Coastal Tourism Destinations - DTIE

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<strong>Disaster</strong> <strong>Risk</strong> <strong>Management</strong> <strong>For</strong> <strong>Coastal</strong> <strong>Tourism</strong> <strong>Destinations</strong> Responding To Climate Change<br />

A Practical Guide <strong>For</strong> Decision Makers<br />

2.2<br />

<strong>Tourism</strong> as a Contributor to Economic Development<br />

World travel and tourism is expected to generate approximately $8 trillion in total<br />

receipts during 2008, with an annual growth rate of 3%, down slightly from 3.9%<br />

in 2007 (WTTC, 2008). The next decade (2008-2018) is expected to see mature,<br />

yet steady growth averaging 4.4% in spite of the current global economic<br />

downturn from uncertainty in US economy accompanied by a weakening dollar,<br />

<br />

impacts.<br />

<strong>Tourism</strong> counts among the main economic activities in many countries. Table 2.1<br />

presents data for the top ten countries in the global travel and tourism economy<br />

(WTTC, 2008). Among these, China, India, Indonesia and Thailand are also countries<br />

<br />

devastation, mortality and economic losses.<br />

2<br />

WTO statistics also show that tourism is the world’s largest industry with regard<br />

<br />

Commission data, 63% of the European holidaymakers prefer the coast against<br />

25% of those giving preference to mountain locations, 25% to cities and 23% to<br />

countryside.<br />

Table 2.1: Global Travel and <strong>Tourism</strong> Statistics (2008)<br />

Travel & <strong>Tourism</strong> Economy<br />

Employment (Top Ten Countries)<br />

2008 (‘000s of Jobs)<br />

China 74, 498 India 9.5<br />

India 30,491 China 8.9<br />

Travel & <strong>Tourism</strong> Demand<br />

(Top Ten Countries)<br />

2008-2018 Demand (%<br />

Annualized Real Growth)<br />

United States 14,933 Libya 8.1<br />

Japan 6,833 Vietnam 8.1<br />

Mexico 6,633 Montenegro 7.4<br />

Indonesia 5,936 Romania 7.1<br />

Brazil 5,500 Macau 7.1<br />

Vietnam 4,891 Namibia 6.9<br />

Russia 4,126 Croatia 6.9<br />

Thailand 3,911 Czech Republic 6.8<br />

Source: World Travel and <strong>Tourism</strong> Council (WTTC), 2003<br />

According to the UNWTO, tourism is a primary source of foreign exchange earnings<br />

in 46 out of 50 of the world’s Least Developed Countries (LDCs).The tourism<br />

sector if properly managed has the potential to make a substantial contribution<br />

to the achievement of the United Nations’ Millennium Development Goals. An<br />

important challenge is the fact that economic considerations, rather than social<br />

and environmental considerations, constitute the dominant force directing tourism<br />

development, policies and promotion, particularly in developing countries and<br />

countries with economies in transition.<br />

21

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