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Tourism Growth and Sustainable Economic Development: A Note on Economic Issues

Author

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  • Massimiliano Mazzanti

    (Department of Economics, Institutions, and Territory, University of Ferrara, Corso Ercole I d'Este, 44100 Ferrara, Italy)

Abstract

This note highlights issues relating to tourism sustainable development by focusing on the main linkages between policy instruments and policy objectives from an economic perspective. The work is speculative in nature and offers insights for future research in the field. The author concludes that bargaining for values and property rights is the only feasible mechanism for achieving sustainability, which has to be grounded on transparent asset quantification and economic valuation. These intermediate objectives are both achieved by means of economic instruments for creating consensus on self-enforcing (and therefore feasible in policy terms) sustainable development options.

Suggested Citation

  • Massimiliano Mazzanti, 2002. "Tourism Growth and Sustainable Economic Development: A Note on Economic Issues," Tourism Economics, , vol. 8(4), pages 457-462, December.
    • Handle: RePEc:sae:toueco:v:8:y:2002:i:4:p:457-462
    DOI: 10.5367/000000002101298223
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    References listed on IDEAS

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    1. Cabeza Gutes, Maite, 1996. "The concept of weak sustainability," Ecological Economics, Elsevier, vol. 17(3), pages 147-156, June.
    2. Timothy M. Swanson & Sam Johnston, 1999. "Global Environmental Problems and International Environmental Agreements," Books, Edward Elgar Publishing, number 1444.
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    Cited by:

    1. Ilaria Rodella & Fabio Albino Madau & Donatella Carboni, 2020. "The Willingness to Pay for Beach Scenery and Its Preservation in Italy," Sustainability, MDPI, vol. 12(4), pages 1-28, February.
    2. Vanegas Sr., Manuel & Croes, Robertico, 2007. "Tourism, Economic Expansion and Poverty in Nicaragua: Investigating Cointegration and Causal Relations," Staff Papers 7306, University of Minnesota, Department of Applied Economics.

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