ABSTRACT

The economic system promoted by these institutions is based on the free movement of capital and goods with the US dollar as the international currency. In such a system, tourism can be seen as much the same as any other cash crop, and pressure exerted by the development banks upon the government of a country to increase its export earnings by boosting production of export crops is as applicable to tourism as it is to sugar, coffee, cotton, bauxite, or other products. Foreign exchange earnings can be boosted by attracting more international tourists and the foreign exchange which they bring with them.