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Tourism has been an important sector in many Caribbean economies since the advent of jet transportation in the 1960s. Of late, it has been hailed as the number one foreign exchange possibility for countries from Belize to Barbados and from Guyana to the Bahamas. (Previous title: Collection of unpublished research papers. An address prepared for the Pannell Kerr Forster Caribbean Partners Conference on May 21, 1987. An address on tourism)