PROBLEMS AND PROSPECTS OF ECOTOURISM IN KERALA: SOME EMPIRICAL EVIDENCE FROM ‘KUMBALANGI’ PANCHAYAT IN ERNAKULAM DISTRICT

2013 ◽  
Vol 8 (4) ◽  
pp. 293-306
Author(s):  
SHIHABUDHEEN N

Worldwide tourism is recognized by the governments as a sector with high potential for economic development and employment generation. International agencies like World Tourism Organization (WTO) have underscored the vast developmental potential of tourism particularly for the developing nations like India. It is estimated that economies like India and China would emerge as the superpowers in world tourism by the years 2020. In spite of the appreciable growth in tourism over the last few years and the excellent growth prospects of the industry, there are growing apprehensions regarding the sustainability of tourism as a development paradigm primarily because of the adverse environmental impacts of tourism. It is widely believed that environment friendly tourism alone can be sustainable for development in the long run, and accordingly the concept of ‘Ecotourism’ is gaining significance day by day. In this context, this paper seeks to make an overall review of the current status of Indian tourism and its broad trends and patterns with a focus on Kerala tourism and its major problems and prospects, and also to make an empirical study of a typical ecotourism destination viz. ‘Kumbalangi’ in Ernakulam district of Kerala state which is recognized as the first model tourism village in the whole of India.. Key Terms: Tourism Vision 2020, Eco tourism, Sustainability.

2021 ◽  
Vol 2 (1) ◽  
pp. 10-24
Author(s):  
K Paul Thomas ◽  
Rajini.G

Worldwide governments have recognized tourism as a sector with immense potential for economic development and employment generation. Various international agencies like World Tourism Organization (WTO) have pointed out the vast developmental potential of tourism, particularly regarding the developing nations like India. Despite the wide recognition of the vast developmental potential of tourism, there are growing apprehensions regarding the sustainability of tourism as a development paradigm. The development of tourism induces changes in the social character of a destination. These transformations include the impact of tourism development and its economic efficiency on inhabitants’ traditional values, lifestyles, and interpersonal relationships.


2016 ◽  
Vol 63 (5) ◽  
pp. 541-562 ◽  
Author(s):  
Bernur Acikgoz ◽  
Anthony Amoah ◽  
Mine Yilmazer

This study uses three-country group panel data from 1993 to 2011 in examining the long-run effect of tax burdens (Fiscal index) and government regulations of business (Business index) on economic growth. The outcome of the panel cointegration approach suggests that the variables have a long-run relationship with economic growth. The study finds all the signs of the variables used to be consistent with theoretical expectations. Regarding the variables of interest, it is also found that the Fiscal index has a positive and significant effect on economic growth for all three-country groups. In addition, the Business index has a positive and significant effect for only two-country groups. The study finds that tax burdens and government regulations play an important role on economic growth for most countries in the sample. To harness economic growth prospects, the study offers recommendations for policy makers to consider.


2002 ◽  
Vol 05 (03) ◽  
pp. 417-438 ◽  
Author(s):  
Sheng-Syan Chen ◽  
Kim Wai Ho ◽  
Cheng-Few Lee ◽  
Gillian H. H. Yeo

We find that Singapore listed firms which have conducted private placements subsequently experience long-run stock underperformance. The long-run underperformance is more severe for small firms and firms with a higher book-to-market ratio. This suggests that small firms and firms with poorer growth prospects are more likely to time the issue when the stock is temporarily overvalued. Further more, we find a positive relation between the long-run stock performance and the change in ownership concentration of the issuing firms, which is consistent with the alignment-of-interests hypothesis. We do not find evidence supporting the earnings-management hypothesis.


Subject The diversification and quality of European exports. Significance For all the gloom about Europe's economy, one fact stands out: the continent is a proficient exporter. This is not just true of Germany, the biggest exporter in Europe and the world's third-largest exporter overall. Half of the world's top-ten exporters are European. Impacts Export prowess suggests Europe's long-run growth prospects remain good. This finding is independent of the currency fortunes of individual members or the region. This supports a more bullish view on the euro-area growth prospects than currently foreseen.


2003 ◽  
Vol 13 (6) ◽  
pp. 701-734 ◽  
Author(s):  
H. T. See ◽  
J. J. Kavanagh ◽  
W. Hu ◽  
R. C. Bast

Despite advances in surgery and chemotherapy, less than 20% of patients with stage III or IV ovarian cancer survive long-term. In the past, cytotoxic regimens have been developed empirically, combining active agents at maximally tolerated doses, often without a clear rationale for their interaction. Advances in understanding the biology of ovarian cancer have identified multiple molecular targets that differ in normal and malignant cells. Targets include cell cycle regulators, growth factor receptors, signal transduction pathways, molecules that confer drug resistance, and angiogenic mechanisms. A number of targeted agents have entered clinical trials. Small molecular weight inhibitors, monoclonal antibodies, and antisense and gene therapy are all being evaluated alone and in combination with cytotoxic drugs. In contrast to earlier studies, the impact of each agent on the designated target can be assessed and agents can be matched to the genotype and phenotype of malignant and normal cells. In the long run, this should facilitate individualization of more effective, less toxic therapy for women with ovarian cancer.


2020 ◽  
Vol 12 (01) ◽  
pp. 72-82
Author(s):  
Min-Hua CHIANG

Taiwan’s economy expanded moderately by 2.71% in 2019 despite the ongoing US–China trade war. The growing inward investment made by Taiwanese firms with overseas business operation had underpinned Taiwan’s economy despite falling exports. While mounting investment inflows to Taiwan would continue to buttress the economy, the rapid spread of coronavirus could threaten its growth prospects in 2020. In the long run, Taiwan’s lack of free trade agreements may further constrain its external trade development. Taiwan’s rapidly ageing population, one of key demographic trends, presents another challenge to its long-term economic prosperity.


2019 ◽  
Vol 61 ◽  
pp. 01030 ◽  
Author(s):  
Marek Vochozka ◽  
Jaromír Vrbka

The exchange rate is one of the most monitored economic variables, from the position of individual citizens or economists, financial institutions or entrepreneurs. In the long run, it is a reflection of the condition of the economy, and in the short and medium term it has a significant impact on the economy. The time series of currency development maps past developments, current status, and is also able to predict future developments. This article analyzes the time series of the development of EUR to Yuan exchange rate using artificial intelligence. It aims to evaluate this development and to indicate the prediction of the future development of EUR to Yuan.


Author(s):  
Matthew Kroenig

This chapter puts forth the argument that democracies enjoy built-in advantages in long-run geopolitical competitions. It begins by defining key terms, such as “democracy” and “autocracy.” Then, drawing on the writing of political philosophers, such as Herodotus, Machiavelli, and Montesquieu, and contemporary social science research, this chapter explains the unique economic, diplomatic, and military advantages that democracies bring to the international arena. These advantages include: higher long-run rates of economic growth, access to international capital, larger and more reliable alliances, and a tendency to win international wars. It then explains how these advantages grant democracies an edge in amassing wealth and power, becoming great powers, and achieving global hegemony at rates greater than their autocratic rivals.


2015 ◽  
Vol 10 (1) ◽  
pp. 156-170 ◽  
Author(s):  
Golam Mostafa ◽  
Monowar Mahmood

Purpose – This paper attempts to assess the economic growth prospects of the BRICS countries and their potential ability to challenge and overtake the G7 countries. Specifically, the purpose of this paper is to answer the following question: Do the BRICS represent a tangible economic threat to surpass the G7, and if so, how? Design/methodology/approach – The authors adopt a qualitative research method based on secondary data sources, such as journal publications, reports published by international organizations, and newspaper and magazine articles. Data from these different sources is compiled and presented in tabular form to provide logical support to the arguments. Findings – Based on the data analysis, the authors conclude that the BRICS have the potential to overtake the G7 in the long run. However, this objective is not likely to be as easy as presumed by economists, since a number of factors and uncertainties may deter the growing economic power and influence of the BRICS. Originality/value – At present, there is hardly any study or research in the available literature that compares these two blocs of countries. Hence, this comparative study will contribute significantly toward the advancement of future comparative economic studies.


2005 ◽  
Vol 13 (2) ◽  
pp. 227-245
Author(s):  
Alain Albert ◽  
Maxime A. Crener

In the introductory remarks of this article the authors examine the birth of the newly industrialized countries and the emergence of a new international division of labor. After stressing the two modes of the industrial strategy followed by these countries, the authors look at two newly industrialized countries (Brazil and South Korea). These specific countries due to the interplay of both, objective factors (natural resources, location, manpower...) and policy choices have followed divergent development strategies. The authors conclude that it is not so much the classical policy dilemma import substitution vs expert promotion that will determine the future of these semi-industrialized countries, than their ability to master the technological know-how that sustains their industrial development. The new technological trends in robotics and telematics constitute powerful factors of relocation which may threaten the long run growth prospects of the semi-industrialized countries.


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