Foreign direct investment in tourism, poverty alleviation, and sustainable development: a review of the Gambian hotel sector

Davidson, Lee; Sahli, Mondher

doi:10.1080/09669582.2014.957210

Cited by 72 publications

(42 citation statements)

References 42 publications

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“…Annually, one million newly created SMEs are set up in the EU and these account for 99% of all the firms and 65% of the business turnover. SMEs are also viewed as a major source of entrepreneurial skills, innovation, and employment (Davidson and Sahli, 2015). In the wider EU SMEs provide approximately 75 million jobs and account for 99% of all businesses (Kamara, 2017).…”

Section: Contributions Of Smes To the Economic Developmentmentioning

confidence: 99%

Exploring SMEs growth in the greater Banjul area of The Gambia

al.¹

2019

Int. j. adv. appl. sci.

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As a driving force of the national economies, Small and Medium Size Enterprises (SMEs) remains a major contributor to the GDP of countries around the world. Governments all over the world attach significant importance to sustaining the growth of SMEs because of their major contribution to economic growth. Governments are making countless efforts to improve SMEs performance. The failure rate of SMEs in Sub-Sahara Africa has been documented to be higher in other parts of the world, especially in developing countries. Sub-Sahara African countries like Nigeria, Benin, and Togo have shown constraint of growth in SMEs. Surprisingly, however, there remains scant research conducted to investigate SMEs failure in The Gambia. Therefore, there is a notable paucity of empirical research on SMEs growth constraint in The Gambia. This conceptual paper will explore factors of SMEs failures in The Gambia. As such, the literature review and conceptual design of this paper will make a significant contribution to the researches. The last two sections provide the implication and significance of the paper and some direction of future research. The in-depth literature review would help to avert SMEs failure and provide a better understanding of SMEs growth in The Gambia. Researchers with a specific interest in SMEs growth may find the knowledge in this paper useful in understanding the factors and cultural nuances, and how these factors affect business growths in The Gambia while at the same time adding to the literature in this area which remains considerably limited.

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Section: Contributions Of Smes To the Economic Developmentmentioning

confidence: 99%

Exploring SMEs growth in the greater Banjul area of The Gambia

al.¹

2019

Int. j. adv. appl. sci.

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“…13,14 It has been argued that FDI can play a critical role in the political stability of a country, and the transfer of know-how and technology from foreign companies to the local ones. 15 Empirical evidence in Africa also seems to point to a strong correlation between tourism expenditure and FDI investment, tourist arrivals and employment. 16…”

Section: Boosts International Investmentmentioning

confidence: 99%

Twenty Reasons Sustainable Tourism Counts for Development

2017

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This volume is a product of the staff of the World Bank Group. The World Bank Group refers to the member institutions of the World Bank Group: The World Bank (International Bank for Reconstruction and Development); International Finance Corporation (IFC); and Multilateral Investment Guarantee Agency (MIGA), which are separate and distinct legal entities each organized under its respective Articles of Agreement. We encourage use for educational and non-commercial purposes. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Directors or Executive Directors of the respective institutions of the World Bank Group or the governments they represent. The World Bank Group does not guarantee the accuracy of the data included in this work.

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“…It contributes significantly to the national economy through wealth-creation, employmentcreation and foreign-currency generation. It also contributes to export earnings and the national Gross Domestic Product (Davidson & Sahli, 2015). The importance of tourism to the economy is testified by the fact that in some economies, such as Rwanda, it is now a major…”

Section: Introductionmentioning

confidence: 99%

“…The tourism sector has immense poverty-alleviation potential and a multiplier effect on the economy and the supply chain (Davidson & Sahli, 2015;Rogerson, 2013). It contributes significantly to the national economy through wealth-creation, employmentcreation and foreign-currency generation.…”

Section: Introductionmentioning

confidence: 99%

An ICT Strategy for the Sustainable Development of the Tourism Sector in a Developing Country: A Case Study of Zimbabwe

Tsokota

Solms

Greunen

2017

E J Info Sys Dev Countries

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ABSTRACT:This research has sought to propose a strategy for the sustainable use of ICT in the tourism sector in Zimbabwe. In order to achieve the above-mentioned objective, this research, which is a comprehensive case study into the tourism sector of Zimbabwe, has deployed semistructured interviews, questionnaires, observations and netnograghy to collect the data. The case study was carried out, in accordance with the case study guidelines, as outlined by Yin, and guided by the interpretive paradigm. After a further analysis of the results, the results that pointed to the same aspect were grouped together; and various deductions were made, as a diagnosis of the identified problem. The identified problems were synthesised into seven diagnostics. A guiding policy was then identified for each of the diagnostics, leading to a set of coherent actions, derived from each of the identified guiding policies. The research also showed the implementation of the coherent set of actions that consist of three layers. These are: government, regulator and service providers. This research contributes to ICT4D literature; and it has provided an ICT strategy for sustainable development in the tourism sector for appropriate interventions from government and other role-players in the tourism sector.

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Foreign direct investment in tourism, poverty alleviation, and sustainable development: a review of the Gambian hotel sector

Cited by 72 publications

References 42 publications

Exploring SMEs growth in the greater Banjul area of The Gambia

Exploring SMEs growth in the greater Banjul area of The Gambia

Twenty Reasons Sustainable Tourism Counts for Development

An ICT Strategy for the Sustainable Development of the Tourism Sector in a Developing Country: A Case Study of Zimbabwe

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