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The Economics of Small Island Tourism
This study forms an entirely new area of research on Small Island Tourism Economies (SITEs). It addresses the importance of uncertainty in monthly international tourist arrivals and country risk indicators to the macroeconomy. Conditional volatilities are estimated for international tourist arrivals, and an economic interpretation from the estimated results is provided. In achieving these two objectives, this work presents an extensive assessment of the important characteristics and the impact of tourism in SITEs in relation to their gross domestic product, balance of payments, employment and foreign direct investment, among other factors. This book is unique in giving emphasis to macroeconomic implications rather than an industry focus. The Economics of Small Island Tourism will appeal to academics at the undergraduate and postgraduate levels involved in environmental and tourism management as well as tourism economics.
International Finance
Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be divorced completely from international issues. International Finance reflects the new diversity of interest in international finance by bringing together a set of chapters that summarizes and synthesizes developments to date in the many and varied areas that are now viewed as having international content. The book attempts to differentiate between what is known, what is believed, and what is still being debated about international finance. The survey nature of this book involves tradeoffs that inevitably had to be made in the process gi...
An Introduction to Island Studies
Island Studies can be deceptively challenging and rewarding for an undergraduate student. Islands can be many things: nations, tourist destinations, quarantine stations, billionaire baubles, metaphors. The study of islands offers a way to take this 'bewildering variety' and to use it as a lens and a tool to better understand our own world of islands. An Introduction to Island Studies is an approachable look at this interdisciplinary field - from the islands as biodiversity hotspots, their settlement, human migration and occupation through to the place of islands in the popular imagination. Featuring geopolitical, social and economic frameworks, James Randall gives a bottom-up guide to this m...
The Economics of Tourism and Sustainable Development
Aims to present economics results and relate them explicitly to the policy debate. Using a coherent analytical framework, this approach offers prescriptions for moving tourism, and economic development more generally, closer to a sustainable ideal. This book provides an insightful introduction to the critical economic issues involved. Tourism is both a growth industry and the world's number one export earner. It is therefore no surprise that the role of tourism is increasingly gaining prominence in the debate over how we can move towards more sustainable patterns of development. An enormous literature has emerged on the three pillars of sustainable development - environment, culture and econ...
Mathematical Finance with Applications
Mathematical finance plays a vital role in many fields within finance and provides the theories and tools that have been widely used in all areas of finance. Knowledge of mathematics, probability, and statistics is essential to develop finance theories and test their validity through the analysis of empirical, real-world data. For example, mathematics, probability, and statistics could help to develop pricing models for financial assets such as equities, bonds, currencies, and derivative securities.
Tourism Economics
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Encyclopedia of Business in Today's World
Serving as a general, nontechnical resource for students and academics, these volumes provide an understanding of the development of business as practiced around the world.
Modelling Sustainable Development
This insightful book explores the issue of sustainable development in its more operative and applied sense. Although a great deal of research has addressed potential interpretations and definitions of sustainable development, much of this work is too abstract to offer policy-makers and researchers the feasible and effective guidelines they require. This book redresses the balance. The authors highlight how various indicators and aggregate measures can be included in models that are used for decision-making support and sustainability assessment. They also demonstrate the importance of identifying practical means to assess whether policy proposals, specific decisions or targeted scenarios are sustainable. With discussions of basic concepts relevant to understanding applied sustainability analysis, such as definitions of costs and revenue recycling, this book provides policy-makers, researchers and graduate students with feasible and effective principles for measuring sustainable development.
IBSS: Economics: 2006 Vol. 55
First published in 2007. Routledge is an imprint of Taylor & Francis, an informa company.
Knowledge
As we move through our modern world, the phenomenon we call knowledge is always involved. Whether we talk of know-how, technology, innovation, politics or education, it is the concept of knowledge that ties them all together. But despite its ubiquity as a modern trope we seldom encounter knowledge in itself. How is it produced, where does it reside, and who owns it? Is knowledge always beneficial, will we know all there is to know at some point in the future, and does knowledge really equal power? This book pursues an original approach to this concept that seems to define so many aspects of modern societies. It explores the topic from a distinctly sociological perspective, and traces the many ways that knowledge is woven into the very fabric of modern society.
