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Do Tourism Receipts Contribute to the Sustainability of Current Account Deficits: a Case Study of Barbados

Do Tourism Receipts Contribute to the Sustainability of Current Account Deficits: a Case Study of... ABSTRACT Given Barbados’ recent history of persistent current account deficits and reliance on tourism as a major source of foreign exchange and driver of the economy, this paper investigated the contribution of tourism receipts to the sustainability of Barbados’ current account deficits. Utilizing an inter‐temporal budget approach, it was found that Barbados’ current account deficits were weakly sustainable as a result of tourism's contribution, underscoring the island's dependence on the industry. Copyright © 2012 John Wiley & Sons, Ltd. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Tourism Research Wiley

Do Tourism Receipts Contribute to the Sustainability of Current Account Deficits: a Case Study of Barbados

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References (18)

Publisher
Wiley
Copyright
Copyright © 2013 John Wiley & Sons, Ltd.
ISSN
1099-2340
eISSN
1522-1970
DOI
10.1002/jtr.1907
Publisher site
See Article on Publisher Site

Abstract

ABSTRACT Given Barbados’ recent history of persistent current account deficits and reliance on tourism as a major source of foreign exchange and driver of the economy, this paper investigated the contribution of tourism receipts to the sustainability of Barbados’ current account deficits. Utilizing an inter‐temporal budget approach, it was found that Barbados’ current account deficits were weakly sustainable as a result of tourism's contribution, underscoring the island's dependence on the industry. Copyright © 2012 John Wiley & Sons, Ltd.

Journal

International Journal of Tourism ResearchWiley

Published: Nov 1, 2013

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