Chapter

Tourism Trade

Rupa Chanda

in Integrating Services in South Asia

Published in print October 2011 | ISBN: 9780198069959
Published online September 2012 | e-ISBN: 9780199080021 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198069959.003.0005
Tourism Trade

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This chapter examines the status of tourism cooperation and trade in South Asia, the associated constraints, and how regional integration can be promoted in this sector. It describes recent growth, investment, and employment trends in tourism services and evaluates where South Asia stands compared to other regions. It also looks at the regulatory and policy environment and recent developments with regard to foreign direct investment, domestic private sector participation, and other institutional issues. The chapter then focuses on industry initiatives with regard to cross-border investments in the tourism industry. It discusses the main constraints affecting intra-regional cooperation in tourism services, focusing in particular on issues of investment, connectivity, and people mobility. The chapter also assesses the status of multilateral and other commitments by the South Asian countries in tourism services to determine their preparedness to negotiate and liberalize under a regional agreement.

Keywords: South Asia; tourism; trade; regional integration; employment; foreign direct investment; private sector; intra-regional cooperation

Chapter.  13560 words.  Illustrated.

Subjects: Business and Management

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