Globalization, Tourism, and Foreign Investment and Liberalization of the Economy
15 pages
(4081 words)
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"Globalization, Tourism, and Foreign Investment and Liberalization of the Economy" paper argues that in developing countries, the shift typically has been from an agrarian economic base to a touristic economic base, bypassing an industrial phase altogether.... .... ... ... The latter half of the twentieth century has been marked with amazing changes in technology, transportation, and communication and, in varying degrees, a spread of geo-political stability that has accompanied economic affluence for many citizens in industrialized and developing countries throughout the world....