Saturday, March 5, 2011

Our Business

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3 comments:

Anonymous said...

“A more balanced approach to economic development may help these island nations to escape the government debt spiral and low paying jobs. Investment in eco-tourism, alternative energy resources, Internet telecommunication and lifting education levels will go a long way in creating sustainable jobs that are better paid.”

March 5, 2011 at 8:14 AM
Anonymous said...

The sharp rise in tourism was driven by the government’s willingness to let all-inclusive resorts build larger resorts that create jobs at the low end of the pay scale. Also, an easy visa regime has attracted tourists from Russia and other Eastern European nations that generally have difficult time traveling to other countries.

March 5, 2011 at 8:16 AM
Anonymous said...

by Bikram Pandey in TCI NEWS NOW (Published on February 21, 2011) he wrote “Tour companies in Europe and North America sell packages and are based outside the region and keep the bulk of the profits.

Tourists visiting these resorts rarely move outside these walled compounds to experience local culture or interact with local businesses. Food sold in these resorts is imported and many skilled and highly paid workers are also brought in from Europe or North America.

In fact, local research groups argue that tourism ends up hurting locals as it drives up the price of land of oceanfront properties and allocates government money to developing infrastructure that benefits these walled compounds.

The root cause of the current misallocation of resources and the driver of tourism growth is group sale.”

Sounds like explanining the situation in St. Lucia?

March 5, 2011 at 8:20 AM

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