TOURISM IN SPAIN
IMPORTANCE OF TOURISM IN SPAIN
Subject: How is the national and international tourism helping Spain overcome the economic crisis?
Introduction
Spain is one of the countries in the world that has been severely affected by the global economic crisis originated in 2008. It is the country with the greatest number of unemployed citizens in all Europe. Its rate of unemployment reached an all time high of 26.9% in May 2013. The European Union is worried about this situation, and has therefore forced the Spanish Government to apply some strict cut backs to their economy in order to decrease its high public deficit. These measures are mostly affecting public labor force, who realized they don 't have sufficient income to last them through the month. In addition, college students, mainly those who study architecture, engineering and medicine, have realized that there is not a promising professional career that can be developed in Spain. Since the beginning of the economic crisis, more than 300,000 young Spanish citizens have left the country in order to find a job in markets overseas. All these negative aspects of the country 's critical situation are bringing Spain forward to be a candidate of receiving a bailout from the European Union. Despite being in this delicate position, it is not all about negative figures in Spain. There is one sector of the Spanish economy that is helping the country to come back on track: tourism.
The purpose of this report is to find out how tourism is helping Spain to recover from the economic decline. I have divided the findings into two sections:
First, I will explain the importance of tourism in Spain.
Second, I will describe the general changes in both international and national tourism, without analyzing the monetary effects in the economy. Third, I will provide information about the economical consequences that these changes are having in the reactivation of the Spanish economy.
Findings
1- Importance of
Subject: How is the national and international tourism helping Spain overcome the economic crisis?
Introduction
Spain is one of the countries in the world that has been severely affected by the global economic crisis originated in 2008. It is the country with the greatest number of unemployed citizens in all Europe. Its rate of unemployment reached an all time high of 26.9% in May 2013. The European Union is worried about this situation, and has therefore forced the Spanish Government to apply some strict cut backs to their economy in order to decrease its high public deficit. These measures are mostly affecting public labor force, who realized they don 't have sufficient income to last them through the month. In addition, college students, mainly those who study architecture, engineering and medicine, have realized that there is not a promising professional career that can be developed in Spain. Since the beginning of the economic crisis, more than 300,000 young Spanish citizens have left the country in order to find a job in markets overseas. All these negative aspects of the country 's critical situation are bringing Spain forward to be a candidate of receiving a bailout from the European Union. Despite being in this delicate position, it is not all about negative figures in Spain. There is one sector of the Spanish economy that is helping the country to come back on track: tourism.
The purpose of this report is to find out how tourism is helping Spain to recover from the economic decline. I have divided the findings into two sections:
First, I will explain the importance of tourism in Spain.
Second, I will describe the general changes in both international and national tourism, without analyzing the monetary effects in the economy. Third, I will provide information about the economical consequences that these changes are having in the reactivation of the Spanish economy.
Findings
1- Importance of
References: Barreira, V. (2013, January 16). España registró en 2012 el tercer mejor año de la historia en llegada de turistas [Spain registered in 2012 the third best year in history in arrival of tourists]. El País. Butler, M. (2013, February 27). Spain as an international tourist destination [Electronic version]. Atlas of the brands. Institute of Touristic Studies of Spain. (2013). Balance del turismo año 2012 [Tourism balance year 2012]. Retrieved October 13, 2013, from www.iet.tourspain.es Pulido, P., & Cardenas,P. (2011). El Turismo rural en España [The rural Tourism in Spain].Asociación de Geógrafos Españoles. Villanueva, A. (2012). Las nuevas formas de turismo como instrumento para lograr un desarrollo sostenible e integrador [The new forms of tourism as a tool to reach a sostenible and integrative development]. Universidad de Castilla-La Mancha. World Travel and Tourism Council. (2013).Travel and Tourism, the economic impact 2013 in Spain. Scowsill, D.