The Importance of Tourism to the World Economy - Research Paper Example

An essay "Economic Impacts of tourism" claims that the economic impacts in the tourism sector immediately ask for grants, loan, and stipends to be given to the people who have an indirect or for that matter direct role in the building up of structures, buildings, and pathways.... What it does best is to make the law-makers realize of the tremendous potentials that their country possesses in the wake of tourism and thus an industry of sheer magnitude needs to be in place so that more and more tourists visit each year....

Even though the European and the UK economy have not been performing as compared to bother parts of the world since the end of global financial recession, the impact of tourism to the economy has relatively risen in the recent times.... From the first instance, the question of the importance and effects of tourism to the economy seems as if it is straightforward to answer.... According to the World Travel and Tourism Council (WTTC), there has been a growth of economic importance of tourism to UK economy since 2012....

The article is also going to have a focus on how the residents have the right to accommodate the tourists to boost their economy.... Therefore, much tourism takes place in these areas as the tourists are curious on why the area needs to remain protected.... The article is going to focus on restrictions of tourists because of the above two factors....

This paper 'World Tourism Organization and Its Key Responsibilities" focuses on the fact that the world Tourism Organization is an agency under the United Nations, which deals with issues arising in the tourism industry.... The general assembly is the highest organ, which has the responsibility of strategizing on tourism issues during its sessions which are held every two years and which are attended by delegates and representatives from member countries from all over the world....