The Economic Consequences of International Tourism on Economic Development on the Global and Regional Scale

This paper analyses the effects of globalization in the world economy on international tourism. Unfortunately, the effects of the exchange between states are odd and uneven. Economic assessment of the international tourism exchange suggests both positive and negative aspects of foreign investments. The phenomenon of tourist colonialism, experienced by the poor periphery of the global economy, manifests itself by specific patterns which are imposed by rich countries that are at the core of the world economic system. Such reallocations are typical for the foreign investments in tourism and the so-called countries of tourism monoculture