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Economic issues concerned with industry specific activities in the global economy
Sri Lanka
is a country located south of India, in the Indian Ocean. It. is classified by the World Bank as a
lower middle income economy. The
government have declared 2017 as the year of poverty alleviation in Sri Lanka
and are looking to the tourism and hospitality sector to contribute to economic
growth and therefore help address the issues that are causing poverty.
Prepare a paper for key stakeholders in the Sri Lankan economy explaining a minimum of three (3) strategies or approaches from the tourism and hospitality industry that can contribute to positive economic growth and development.
Your explanation should include:
a) The sectors of the economy and the component(s) of GDP that are impacted
b) Direct,indirect and induced contributions to economic growth and development that will help alleviate poverty
c) Reference to examples from other economies (local, national or global) to support your suggestions. These examples may be broadly related to the industry or be chosen from a particular area of interest in foods, hospitality, tourism and events.
Outline logical
structure of body
of essay
A well-developed and
engaging introduction that
presents the outline for the
structure of the paper in a
concise and sophisticated
contribution of
tourism to
economic growth
A concise and insightful
explanation of a minimum of
three ways that the tourism
and hospitality industry can
contribute to economic
The explanation includes
reference to the sectors of
the economy, the
components of GDP and the
direct, indirect or induced
contributions to growth
where relevant evidence and
appropriate examples are
used to support the ideas
Evidence of
research and
Reference list includes a
range of at least 6 credible
academic sources that are
cited correctly
In text referencing is
performed correctly with
minimal errors.
Summary of
relevant to body of
A succinct and engaging
conclusion that summarises
all ideas presented in the
body of the essay.
Concluding statements are
sophisticated and concise.

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