Tourist strain of Dutch disease. Economic reasons underlying to decaying of tourist destinations.
Keywords:
tourism Dutch disease, tourism industry, critical economic factorsAbstract
The document proposes a new framework for analysis: a variant of market error known as Dutch Disease that allows find the root economic of life cycle of a tourist destination of Butler. Capital flows to the tourist locations, accompanying its maturation, attracted for speculative investments in real estate. Construction development encourages population growth and soil dwindles, raising its price, together with the consumer basket, which impoverishes residents who su er to access homeownership. This damages the attractives and the traditional productive activities decays. The touristic strain of Dutch Disease leads to the conclusion that the development of tourism, freed its own forces without regulation and coordination, long term can lead to the impoverishment of resident population.Article Metrics
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