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Sustainable Tourism Development: Its Feasibility And Economic Value

In: Handbook of Tourism Economics Analysis, New Applications and Case Studies

Author

Listed:
  • Rajasundram Sathiendrakumar

    (Murdoch University, Australia)

Abstract

The view that the pursuit of economic goals and environmental goals are not mutually exclusive has become prominent in recent economic literature. Their consistency is only possible if tourism is developed in a sustainable manner. Therefore, the long-term viability of the tourism industry in any country is dependent on the maintenance of natural, cultural and historical attractions. This chapter deals with the economic meaning of sustainable tourism. One interpretation is that it involves the maintenance of a constant stock of tourism artifacts, maximising tourism services from these, and minimising the energy level necessary to maintain that constant stock. This chapter also argues that even with sustainable tourism management, there will always be an interaction between tourism and the environment. Thus this chapter will not only be concerned with recognising and monitoring the impacts of tourism on the environment, but also with applying management measures to minimise its detrimental effects on the environment, with the aim of securing the long-term future of tourism resources.

Suggested Citation

  • Rajasundram Sathiendrakumar, 2013. "Sustainable Tourism Development: Its Feasibility And Economic Value," World Scientific Book Chapters, in: Clement A Tisdell (ed.), Handbook of Tourism Economics Analysis, New Applications and Case Studies, chapter 34, pages 787-811, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814327084_0034
    as

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