The Relevance of Tourism on the Economic Development of Cross River State, Nigeria

2868 Words Jun 21st, 2012 12 Pages
Journal of Geography and Regional Planning Vol. x(x), pp. xxx-xxx, xxxxxxx 2011
Available online at http://www.academicjournals.org/JGRP
DOIXXXXXXXXXXX
ISSN 2070-1845 ©2011 Academic Journals
Full Length Research Paper
The relevance of tourism on the economic development of Cross River State, Nigeria
Ajake, Anim O. and Amalu, Titus E.*
Department of Geography and Environmental Science, University of Calabar, Calabar, Nigeria.
Accepted 21 December, 2011
This study investigated the relevance of tourism on the economic growth of Cross River State, Nigeria. Special focus was on the difference in visitations over the years under investigation to the various tourists attractions within the state. Information for the study was basically
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More positively, Asia Pacific (-5%) recorded growth in August, the Middle East (-8%) had positive numbers between June and September, while Africa had a 4% increase over the eight months (UNWTO, 2010).
Tourism and hospitality are industries that heavily depend on human contact, with the sheer volume of traffic and increasing spending power which has resulted to a rapid economic boom and also boosted the business travel market (Joffres et. al (2004),. Tourism appears to many developing countries a promising source of economic development (Smith et. al, (2003). Adventure tourism, given its emphasis on pure and pristine natural environments, lower barriers to entry for small business, and frequently reduced requirements for new construction in particular, is promising for countries with lower levels of capital investment and existing infrastructure. In some places, it is already worth more, in terms of export revenues and share of GDP, than traditional commodity-based or manufacturing exports, and seems to offer opportunities for employment, earning foreign exchange and encouraging investment and economic growth. Many developing countries, therefore, are prioritizing attracting foreign direct investment (“FDI”) in their tourism sectors. However, this form of FDI is complex, and its dynamics and impacts are not well understood.
Traditionally, tourism was placed below manufacturing or agriculture in terms of economic
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