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Tourism as a development strategy for Barbados

  • Central Bank Of Barbados
  • 22 Jul,1995
  • 1
  • Working Papers,
  • Print

This paper reviews a select literature pertaining to development strategy [of tourism] in Barbados. It presents a simple model of the determinants of tourism demand and supply which shows the transmission mechanism via which tourist sector growth translates to overall economic growth. It examines the development of tourism in the past decade - 1985 to present. Some data and empirical analysis is also presented to support the thesis of the paper.
 

WP1995-17