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Latin American Economy and Tourism

In: Tourism in Latin America

Author

Listed:
  • Glauber Eduardo Oliveira Santos

    (Federal Institute of Education, Science and Technology of São Paulo)

Abstract

This chapter analyses tourism in Latin America and the Caribbean (LAC) from a broad economic perspective. Despite of its immense potential, tourism in LAC has presented disappointing results. The region has some of the best natural and cultural attractions, but still receives only 7.7 % of world international tourist arrivals. A myriad of aspects can be listed as causes of this deficit, most of them being related to more general economic and political problems. Most LAC countries are developing economies characterized by poor public policies, deep social inequality, low educational levels, faulty investments and a long history of poverty, characteristics that provide hard conditions for tourism development. Nevertheless, general economic and political conditions seem to be improving over the last years. The region is going to face some relevant opportunities in the near future and development perspectives are relatively good. This chapter’s introduction analyzes LAC’s economic history and general economic conditions. An overview of tourism supply in LAC is presented next. Tourist attractions, infrastructure, services and governance are briefly described. International and domestic tourism figures are analyzed subsequently. Arrivals, receipts and contribution to GDP are examined by country and region. Finally, some present challenges and future perspectives for tourism in LAC are debated.

Suggested Citation

  • Glauber Eduardo Oliveira Santos, 2015. "Latin American Economy and Tourism," Springer Books, in: Alexandre Panosso Netto & Luiz Gonzaga Godoi Trigo (ed.), Tourism in Latin America, edition 127, chapter 0, pages 17-47, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-05735-4_2
    DOI: 10.1007/978-3-319-05735-4_2
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    Cited by:

    1. Smiljana Pivčević & Zvonimir Kuliš & Neven Šerić, 2016. "The pull factors of tourism demand: a panel data analysis for Latin American and Carribean countries," Tourism and Hospitality Industry 24, University of Rijeka, Faculty of Tourism and Hospitality Management.

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