Transcript Caribeanst

Culture & Economy
December to April
May to November
 Typical tropical climates
of hot, humid, and wet.
 Days consistently more
sunny, dry, and warm.
Nassau, The Bahamas
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20
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Max Temp
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Min Temp
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Rainy Days
$450.00
$400.00
$350.00
$300.00
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
0.18
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0.1
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0
 Category 1
 Winds from 119 – 154 kph
 Category 2
 Winds from 155– 178 kph
 Category 3
 Winds from 179– 210 kph
 Category 4
 Winds from 211 – 250 kph
 Category 5
 Winds from 251 kph
 The rich cultural
 Caribs were wiped out by
diversity of the
Caribbean is a further
attraction for the
tourists.
 Region is named after
the Caribs- the
indigenous group that
originally inhabited the
region.
the Europeans during
several hundred of years
(Britain, Spain, French,
and Dutch)
 The Europeans have
settled there and they are
now part of the ethnic
mix.
 75% are of African
decent, originally as
slaves.
Country
GDP
Industries
Country
GDP
Industries
Antigua &
Barbuda
$10 462
Tourism
Haiti
$1 539
Sugar
Aruba
$32 308
Tourism
Jamaica
$5 015
Tourism
Bahamas
$28 769
Banking
Martinique
$15 385
Rum
Barbados
$15 846
Tourism
Puerto Rico
$12 615
Tourism
Bermuda
$44 615
Tourism
St. Kitts &
Nevis
$8 769
Tourism
Cayman Isl
$36 615
Tourism
St. Lucia
$6 769
Clothing
Cuba
$2 277
Sugar
St. Vincent &
Grenada
$3 369
Bananas
Dominica
$3 846
Agriculture
Trinidad &
Tobago
$20 769
Oil
Dom. Rep.
$4 108
Tourism
US Virgin Isl
$18 231
Tourism
Grenada
$4 862
Food
Canada
$37 000
Energy
 Bermuda and Cayman Islands have same level of
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incomes as Canada.
They offer offshore banking for companies and wealthy
citizens of foreign countries
Removes taxation on the money when placed or
removed from account.
Also attract people from developed countries who
would like to invest in businesses on the islands.
They make money from the interest (which is
considerably lower when compared to US and Canada)
 Enforced by the Europeans, the islands are still
producing products that placed them on the map.
 Agriculture, and Sugar are 2 major exports
 Demand for sugar fell, bringing most islands into an
economic turmoil.
 They turned to Tourism and for most islands, this has
placed them in a one-dimensional economy,
dependant on Tourism to support them.
 Production of Rum is also a major export, and each
island prides itself for producing the best Rum.
 Tourism is considered to be an Export
 Why? Nothing comes out of the country.
 They consider memories as an Export since you pay
money to come and you return with memories.
 The money made from resorts, food purchases are
normally split in shares with the owner, the workers,
government, and the local community
Positive Tourism’s Effect on Communities
 Economically the benefits can be seen as two-fold.
 First, tourist spending injects foreign money into the economy
 Second, it creates jobs for the local people
 We might think that the total benefit a country receives is equal
to the total amount of money tourists spend in the country.
 In fact, the effects of tourist spending on the economy are much
greater… why?
Multiplier Effect
$100
1st Round
2nd Round
3rd Round
$43 – Wages
Wages
Wages
$31 – Goods
$82
Services
Goods
Services
$67
Goods Services
Taxes
$8 – Taxes
$18 Profit
Taxes
$15 Profit
$12 Profit
Foreign Ownership
 Tourist dollars are a great benefit to a local economy. But not all
the money a tourist spends stays in the local economy. Some of
it leaks out to foreigners.
 Foreign Owned Hotels, Some of the money will make it’s way back
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to the Foreign Country.
Wages can be paid to Foreign Workers, where they will spend in
their home country.
Interest payments on loans may be paid to foreign banks.
Advertising in foreign countries.
Many goods and services have to be imported.
 To much Foreign Ownership can be damaging to a local
economy.
 Comparing with Canada, most of the money will take 14 rounds
before leaking out, compared to less than 10 in the Caribbean.
Negative Impacts on Local Economy
 Supply and Demand for local goods will drive up the
prices, so high that some locals may not be able to
afford new clothing.
 The “Boom-Bust” cycle: Where resorts close their
doors for Hurricane season, leaving local workers with
a job.
 This can cause a reverse multiplier effect. Less money
means less purchasing which leads to less production,
finally cutting work for factory workers.
Cultural Inundation
 Large-scale tourist developments changed the rural
living patterns.
 Seasonal work patterns created
 Traditional skills of some workers are lost
 Inshore fishing has declined, since fishing boats are
used for tourism.
 Local foods, music and clothing styles have been
influenced by North Americans
 Local properties are now commercialized
 Crime Levels have increased
6 Stages of Tourism Development
Exploration
1.
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Few tourist and tourist facilities
Difficult Access and little tourist impact on Island
Wealthy and exploring Tourist (looking for the wild)
Involvement
2.
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Local attempts to develop facilities
More accommodations and the quality increases
Tourism seasons emerge
Development
3.
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Extensive promotional efforts are created
Larger accommodations and local involvement increases
Peak Season – Tourist outnumber locals
Artificial events are created to attract tourists
6 Stages of Tourism Development Cont’d
4. Consolidation
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5.
Tourism is now a critical economic sector
Large proportion of employment is in Tourism
Stagnation
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Area is losing attractiveness
Overuse and overcrowding becomes common
Reputation of delays and poor service develops
6. Rejuvenation? Stability? Decline?
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What happens next?