1st Edition
Tourism and Foreign Direct Investment Issues, Challenges and Prospects
This is the first volume to examine and shed significant light on the issues, challenges and prospects presented by foreign direct investment (FDI) in tourism – a topic of increasing relevance in light of the COVID-19 pandemic and economic consequences.
This book addresses the need to examine the TFDI phenomenon considering resilient tourism development approaches and includes discussion on impacts of a rapidly evolving global pandemic on tourism. Recognising that its impact on tourism has only just begun, the book includes early estimates of the damage to the tourism economy and TFDI over 2020 and beyond. It considers how the COVID-19 pandemic may change society, the economy, and tourism, and how some of the key research needs to understand these changes and contribute to a more sustainable post-pandemic tourism sector. Through a collection of chapters focusing on principles, practices and a diverse range of destination case studies, the book considers TFDI from the economic, social and environmental and regulatory perspectives. Thus, the book will advance understanding of the positive and negative impacts of TFDI as well as how emerging problems and wider implications for local economies and communities can be managed more sustainably, while also discussing the transformative opportunities offered by TFDI regarding key economic, social and environmental issues.
This will be essential reading for upper-level students and researchers in the field of tourism development.
Section I Introduction
Chapter 1: An Overview of Tourism-related Foreign Direct Investment (TFDI)
Author:
Editor Dr. H. Cristina Jönsson (The University of the West Indies)
Section II Current Issues in Achieving Sustainable Foreign Direct Investment in Tourism
Chapter 2: Foreign direct investment in tourism: host destination opportunities
and challenges
Author:
Professor Larry Dwyer (Business School University of Technology Sydney)
Chapter 3: Local impacts and perceptions of tourism foreign direct investment (TFDI): A conceptual framework
Authors:
Editor Dr. H. Cristina Jönsson (The University of the West Indies)
Dr. Nicola Palmer (Sheffield Hallam University)
Chapter 4: Tourism FDI and sustainable development in Mauritius. A dynamic
investigation.
Author:
Dr. Shereen Fauzel (University of Mauritius)
Chapter 5: Institutional influences on national tourism-related foreign direct investment (TFDI) policies and programmes: Kyrgyzstan, Central
Author:
Dr. Nicola Palmer (Sheffield Hallam University)
Section III Destination Case Studies in Tourism Foreign Direct Investment
Chapter 6: Panel Analysis of FDI Determinants in Tourism Industry Revisited: New Evidence from France
Authors:
Dr António Miguel Valente Martins (The University of Madeira)
Susana Cró (ISAL – Madeira)
Chapter 7: Why Croatia still needs FDI in tourism? Insights and evidence
Author:
Maja Nikšić Radić (University of Rijeka)
Chapter 8: Foreign Direct Investment, Tourism Development, and Economic Growth: Evidence from Sub-Saharan Africa
Author:
Dr. James Antwi (GIMPA School of Technology)
Chapter 9: The relationship between FDI and tourism growth: A Case Study of
China
Authors:
Professor Eliyathamby A Selvanathan (Griffith Business School, Griffith University)
Dr Maneka Jayasinghe (Asia Pacific College of Business & Law, Charles Darwin University)
Professor Saroja Selvanathan (Griffith Business School, Griffith University)
Chapter 10: Foreign Direct Investment in Nature Tourism: A Proposed Model for Economic Development of Bangladesh
Author:
Ms Sara Tasneem (Dhaka University)
Chapter 11: Effect of Foreign Direct Investment in Tourism on Economic Growth: Empirical Study in Indonesia
Author:
Dr. Bryna Meivitawanli (Bina Nusantara University)
Chapter 12: Experienced ‘realities’ of Tourism Foreign Direct Investment: Empirical evidence from Barbados
Author:
Editor Dr. H. Cristina Jönsson (The University of the West Indies)
Section IV Conclusions
Chapter 13: Current Knowledge and Future Research Directions in Tourism Foreign Direct Investment
Author:
Editor Dr. H. Cristina Jönsson (The University of the West Indies)
Biography
H. Cristina Jönsson is a Lecturer at The University of the West Indies, Barbados. She holds a PhD in Tourism awarded by the Sheffield Business School at Sheffield Hallam University, UK. Before joining The University of the West Indies, Cristina was a municipal tourism manager in Sweden. She has extensive knowledge and experience from planning, development and management in the international tourism sector and has worked with both private and public sector organisations in various countries. Cristina’s wide cultural familiarity along with mastering seven languages has been a great asset in all projects, research and collaborations, as well as translation and interpretation work. Her current research interests include foreign direct investment (FDI) in tourism, small island tourism, sport tourism, post pandemic migration and tourism mobilities.
