Tourism is one of the fastest growing industries in the world. It accounts for ten percent of the world's gross domestic product and nearly eight percent of worldwide employment. Many countries see tourism as a passport to their economic development; others express concern that uncontrolled tourism may overwhelm their natural, cultural, social, and physical resources. The question of how best to harness tourism for the good of host communities is increasingly debated and forms the basis of this book. Written in a highly accessible style for a general audience as well as professionals, it applies an economic way of thinking to tourism that sheds light on this dynamic and fascinating global industry.
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James Mak is professor of economics at the University of Hawai'i and co-winner of the 2001 Award for the Best Article published in the 2000 issue of the Journal of Travel Research.
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