Effects of the Tourism Industry in the Economic Development

Abstract

In my previous paper entitled “Chinese Tourism Industry as Part of Foreign Opening Policy in People’s Republic of China” (“Reports for the Japan Academic Society of Tourism” No. 17. 〔January 20, 1987〕, No.18. 〔November 10, 1987〕), I proved with definite data that the role of the tourism industry in China has become more effective to earn foreign currencies than that of the foreign trade industry since the transition to an opening economic policy in the country. In this paper I am raising three countries as examples, namely China, Burgaria and Fiji, to explain that, in order for underdeveloped or underdeveloping countries to proceed with their economic development policies, foreign currencies earned from the tourism industries are considered very important immediate funds that can be appropriated without hesitation as the need arises in those couatries. Lastly, giving the example of recent China I would like to add that the stability of political situation is the most important condition to activate the tourism industry in such underdeveloped or developing countries as above.