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The Everything Jamaica Forum This forum is for topics Jamaican or international/world issues which members may have an interest in discussing. |
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Tourism has been JA's "leading industry" for 60+ years ![]() ![]() * The world economy has shifted dramatically from the 1960s when low-skill pursuits like tourism could significantly drive backward countries forward. JA is in a 21st century world economy but still structured as and wedded to 1960s-1970s thinking & practices ![]() * As a now widely acknowledged low skill and low value adding industry - JA Plantation Tourism - which bottles up tourists (and their spending) in all-inclusive warehouses ![]() ![]() ![]() * Maintaining fat tourists in the lifestyle they crave in JA - requires enormous imported goods & services - leading to enormous FX outflows. Energy/Water processing/Capital Goods etc etc. Likely ~65% of tourism income is repatriated abroad. So tourism's economic multiplier effect is very low ![]() * FX outflow issues also includes resort owners (being mainly foreigners & foreign-minded locals) who largely export their all-inclusive warehouse profits to Babylon economies. Their interest in JA is mainly profit-generation - definitely NOT JA development ![]() Tourism is a vital industry in our low skill oriented economy.. JA's current economic structure might be adequate for the 1960s - 1970s ..maybe 1980s ![]() For the 21st century JA has a pathetic economic profile esp with tourism still being the leader after 60 years. ![]() The problem is - most are ignorant of this reality ![]() ![]()
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The best way to predict the future, is to create it ![]() Lincoln National Robotics Champs - Not a useless Schools Quiz - A School Technology Challenge ![]() Project TEAM Works - Creating Jamaica's 21st Century Workforce. Up-skilling 30K kids by 2030 ![]() Last edited by Don1 : November 10th, 2019 at 01:22 PM. |
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