Author Affiliation, Ana.
Department of Management Studies
Why should government intervene in a market economy?: A Caribbean perspective on the hospitality and tourism sector
Boxill, Ian.; Taylor, Orville W.; Maerk, Johannes
Tourism and change in the Caribbean and Latin America
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Explores the rationale for the involvement of government in the hospitality and tourism sector. Examines the circumstances under which this involvement can be justified. Asserts that over the last two decades, governments in the Caribbean Community and Common Market (CARICOM) have consistently privatized and commercialized functions that they once performed under structural adjustment programmes they have adopted. Concludes that CARICOM governments have traditonally supported the tourism industry directly through national tourism organizations (NTO) by way of funding, and that this funding is expended mainly on promotional activities.....