The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development
Edited by Alessandro Lanza, Anil Markandya and Francesco Pigliaru
Alessandro Lanza, Anil Markandya and Francesco Pigliaru Tourism is big business and getting bigger. In the 20 years from 1980 to 2000 global tourism receipts increased at an annual rate of nearly 8 per cent, much faster than the rate of world economic growth of around 3 per cent. In 2000, income from tourism combined with passenger transport totaled more than $575 billion, making this sector the world number one export earner, ahead of automotive production, chemicals, petroleum and food (UNEP web site1). So it is no surprise that people are paying attention to tourism when they debate how the world can move to a more sustainable pattern of development. Given the increasing importance of the sector, an enormous literature has emerged on the three pillars of sustainable development – environmental, cultural and economic – and on how tourism impacts on them and how these aspects of tourism can be enhanced. In this active and somewhat crowded ﬁeld, what is the purpose of introducing yet another book? In spite of all that has been produced, we would argue that we do oﬀer something special. Unlike much of the literature that has primarily an environment and sociological perspective, our eﬀort is ﬁrmly grounded in economics – its theory and applications. Economics here is made to be the servant of policy in the ﬁeld of tourism. But economics has increasingly become a technical subject and its methods and results are not easy for the policy maker to comprehend. In this book, we try...