The role of tourism and hospitality in economic growth and development

The role of tourism and hospitality in economic growth and development
Order DescriptionIndonesia is a country located in South East Asia and is made up of more than 14 thousandislands. It. is classified by the World Bank as a lower miIDle income country and has hadconsistent economic growth, as measured by GDP, over the last 5 years. Despite this, othereconomic indicators such as unemployment and social welfare are of concern to the Indonesiangovernment.Economic experts have reminded the Indonesia government that the tourism and hospitalityindustry can positively contribute to economic growth and development.RequiredPrepare a paper for the government of Indonesia explaining a minimum of three (3) ways thatthe tourism and hospitality industry can contribute to positive economic growth anddevelopment.Your explanation should include:a) The component(s) of GDP that are impactedb) Direct, indirect and induced contributions to economic growth and developmentc) Reference to examples from other economies (local, national or global) to supportyour suggestions. These examples may be broadly related to the industry or bechosen from a particular area of interest in foods, hospitality, tourism and events.
 
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