culture & economy. december to april days consistently more sunny, dry, and warm. typical...
TRANSCRIPT
Days consistently more sunny, dry, and warm.
Typical tropical climates of hot, humid, and wet.
May to November
Category 1Winds from 119 – 154 kph
Category 2Winds from 155– 178 kph
Category 3Winds from 179– 210 kph
Category 4Winds from 211 – 250 kph
Category 5Winds from 251 kph
The rich cultural diversity of the Caribbean is a further attraction for the tourists.
Region is named after the Caribs- the indigenous group that originally inhabited the region.
Caribs were wiped out by the Europeans during several hundred of years (Britain, Spain, French, and Dutch)
The Europeans have settled there and they are now part of the ethnic mix.
75% are of African decent, originally as slaves.
Country GDP Industries
Country GDP Industries
Antigua & Barbuda
$10 462 Tourism Haiti $1 539 Sugar
Aruba $32 308 Tourism Jamaica $5 015 Tourism
Bahamas $28 769 Banking Martinique $15 385 Rum
Barbados $15 846 Tourism Puerto Rico
$12 615 Tourism
Bermuda $44 615 Tourism St. Kitts & Nevis
$8 769 Tourism
Cayman Isl $36 615 Tourism St. Lucia $6 769 Clothing
Cuba $2 277 Sugar St. Vincent & Grenada
$3 369 Bananas
Dominica $3 846 Agriculture Trinidad & Tobago
$20 769 Oil
Dom. Rep. $4 108 Tourism US Virgin Isl
$18 231 Tourism
Grenada $4 862 Food Canada $37 000 Energy
Bermuda and Cayman Islands have same level of incomes as Canada.
They offer offshore banking for companies and wealthy citizens of foreign countries
Removes taxation on the money when placed or removed from account.
Also attract people from developed countries who would like to invest in businesses on the islands.
They make money from the interest (which is considerably lower when compared to US and Canada)
Enforced by the Europeans, the islands are still producing products that placed them on the map.Agriculture, and Sugar are 2 major exports
Demand for sugar fell, bringing most islands into an economic turmoil.
They turned to Tourism and for most islands, this has placed them in a one-dimensional economy, dependant on Tourism to support them.
Production of Rum is also a major export, and each island prides itself for producing the best Rum.
Tourism is considered to be an ExportWhy? Nothing comes out of the country.They consider memories as an Export since you
pay money to come and you return with memories.
The money made from resorts, food purchases are normally split in shares with the owner, the workers, government, and the local community
Positive Tourism’s Effect on Communities
Economically the benefits can be seen as two-fold. First, tourist spending injects foreign money into the economy Second, it creates jobs for the local people
We might think that the total benefit a country receives is equal to the total amount of money tourists spend in the country. In fact, the effects of tourist spending on the economy are
much greater… why?
Multiplier Effect
$100
1st Round
$43 – Wages
$31 – Goods Services
$8 – Taxes
$18 Profit
$82
2nd Round
Wages
Goods Services
Taxes
$15 Profit
$67
3rd Round
Wages
Goods Services
Taxes
$12 Profit
Foreign OwnershipTourist dollars are a great benefit to a local economy.
But not all the money a tourist spends stays in the local economy. Some of it leaks out to foreigners. Foreign Owned Hotels, Some of the money will make it’s
way back to the Foreign Country. Wages can be paid to Foreign Workers, where they will
spend in their home country. Interest payments on loans may be paid to foreign banks. Advertising in foreign countries. Many goods and services have to be imported.
To much Foreign Ownership can be damaging to a local economy.
Comparing with Canada, most of the money will take 14 rounds before leaking out, compared to less than 10 in the Caribbean.
Negative Impacts on Local EconomySupply and Demand for local goods will drive
up the prices, so high that some locals may not be able to afford new clothing.
The “Boom-Bust” cycle: Where resorts close their doors for Hurricane season, leaving local workers with a job.
This can cause a reverse multiplier effect. Less money means less purchasing which leads to less production, finally cutting work for factory workers.
Cultural InundationLarge-scale tourist developments changed
the rural living patterns.Seasonal work patterns createdTraditional skills of some workers are lost
Inshore fishing has declined, since fishing boats are used for tourism.
Local foods, music and clothing styles have been influenced by North Americans
Local properties are now commercializedCrime Levels have increased
6 Stages of Tourism Development1. Exploration
Few tourist and tourist facilities Difficult Access and little tourist impact on Island Wealthy and exploring Tourist (looking for the wild)
2. Involvement Local attempts to develop facilities More accommodations and the quality increases Tourism seasons emerge
3. Development Extensive promotional efforts are created Larger accommodations and local involvement increases Peak Season – Tourist outnumber locals Artificial events are created to attract tourists
6 Stages of Tourism Development Cont’d4. Consolidation
Tourism is now a critical economic sector Large proportion of employment is in Tourism
5. Stagnation Area is losing attractiveness Overuse and overcrowding becomes common Reputation of delays and poor service
develops
6. Rejuvenation? Stability? Decline? What happens next?