Developing Tourism Sector With Neoliberalism Orientated Strategies in Countries With Scarce Financial Resources

Introduction

Tourism consists of activities or process of tourists. A tourist is someone who travels for 24 hours or more outside the normal country of residence (Sharpley & Telfer, 2002). The activities and purpose other than the normal instrumental life of making a living and with a visitor (tourist) motivational purposes of for temporary business, leisure, pleasure, health, entertainment, travel and for experiencing change soon (Sharpley & Telfer, 2002). the activities of tourism are related to temporary escapism from routines. The activities are supported by diverse, fragmented and multi-sector industries. The tourism activity is largely dependent on physical social, cultural and historical attributes of the destination. So, a perfect tourism requires a perfect ecosystem of core and allied industries. However, to develop such an ecosystem requires socio, political and economic investment. Tourism is ecosystem requires investment and cannot solely rely on either on private or government sector. It needs the support of a range of stakeholders. The sectoral development requires a developmental model. traditionally economic development had relied on a fight between two extreme poles of capitalism and socialists. However, with less success, there is a need for an efficient Economic model of tourism development. The recently many economies have focused towards neoliberalism as a solution to develop their tourism industry. The sector is at the forefront of the economic development of countries. Hence there is huge interested in developing this sector.