ABSTRACT
Public sector investment can be financed from different sources. At the national level, government channels leisure and tourism investment through public corporations, quangos such as Sports Councils and government departments (e.g. the Department of Culture, Media and Sport in the UK). In Australia, the following government departments are examples of those that have responsibilities for public sector investment relevant to recreation, leisure and tourism:
Local government is the other major source of public sector investment. For European countries, there is also a supranational level of government and here the EU is a key source of investment funds, particularly through the European Regional Development Fund.
