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Finance & Development, March 1967
Author:
International Monetary Fund. External Relations Dept.
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Series:
Finance & Development
Volume/Issue:
Volume 4: Issue 001
Language:
English
Publication Date:
01 Mar 1967
DOI:
https://doi.org/10.5089/9781616352851.022
ISBN:
9781616352851
ISSN:
0015-1947
Pages:
94
Keywords:
FD; F&D; Euro-dollar market; dollar; FUND stand-by arrangement; government; The Euro; IFC investment; aid policy; World Bank bond; bank staff members; project preparation; Exports; Commercial banks; Tourism; Loans; Europe; Asia and Pacific; North Africa; Middle East; Central America; South Asia; Western Europe; East Africa
Legal-disclaimer:
Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.
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This paper discusses ways in which countries can invest most profitably in an industry that is capable of providing massive help to their economies. The paper highlights that tourism, like other economic activities, flourishes best when it fits into a context of general economic policies and programs designed to lead to the optimum growth of the economy as a whole. For this, some sort of national planning—at least in setting priorities and seeing that they are emphasized—is required to create a climate for productive investment in all suitable fields.
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Cover Finance & Development
Finance & Development
ISSN:
0015-1947
Publisher:
International Monetary Fund