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The Economy of Tourism in Bangladesh

The Economy of Tourism in Bangladesh


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About the Book

1. General Introduction

In 2005 United Nations (UN) declared tourism as one of the most effective tools for sustainable growth, especially for poor, developing, and enraging countries. The reason behind this is that tourism contributes to five high priority socio-economic goals. These are the generation of income, employment, poverty reduction, improvement of the living standards, and foreign exchange. Foreign money earned from tourism business can be used to import capital goods, which later can be used for producing more goods and services. This will lead to higher economic growth.

On the other hand, it can create jobs for marginalised people. Furthermore, tourism is also considered as a factor for formulating pro-poor growth policies. With the help of pro-poor growth policies, the benefits of sustainable growth can be reached to the poor and alleviation of poverty will be much easier as well. Bangladesh, a country from South Asia, is one of the emerging economies in the world. On her 50th birthday in the year 2021, Bangladesh wishes to become an upper middle-income country, and by 2041, the country has the ambitious dream to become one of the developed countries. The tourism industry can play an inevitable role in this journey towards development as the country is blessed with natural beauties, vast coastline, and mangrove areas. However, tourism in Bangladesh is still neglected and has not been able to grow as expected. A major reason behind this is lack of proper tourism related book for Bangladesh, relevant tourism research, and guidelines on the tourism industry. Developing and documenting an academic book for Bangladesh tourism for a sustainable tourism policy will not only improve the socio-economic indicators of the local community, ecosystem, and biodiversity but also can alleviate poverty, provide assistance to the government for achieving sustainable economic growth in Bangladesh.

Furthermore, it can also become an alternate option for foreign exchange earnings, which can reduce the risk associated with the RMG industry. Therefore, focus on tourism can also influence greater economic prosperity. This book will provide a detailed discussion of the tourism-related issues in Bangladesh for academic practices at different universities both at home and abroad for gaining a clear understanding for Bangladesh tourism among the students and also for policy analysis and advice coordinated tourism policies for Bangladesh.

2. Overview of Tourism in Bangladesh

Roy and Roy (2015) argue that the variety of tourist spots and subsequent policies bring sustainable economic benefits in developing and emerging countries. Therefore, the tourism industry in Bangladesh is recognised as one of the important drivers of the economy and for sustainable development tourism friendly policy should be implemented in Bangladesh. For example, Amin (2010) and Salam (2014) highlight that the most significant economic feature of the tourism receipts is that it contributes to five high priority socio-economic goals of the developing and emerging countries: the generation of income, jobs creation, foreign exchange earnings, improvement of the living standards, and poverty reduction. But before any policy measurement and decision making, the existing natural and economic resources of the country should be accounted first for proper, accurate, and pre-sighted policy measurement. Laws (2002) state that the tourist attractions and the image of any country can influence the tourists to make decisions on their destinations. Thus, depicting the overall scenario of tourism areas in Bangladesh in this chapter is important to have a crystal idea for knowledge gathering and policy measurement.

Bangladesh, being located in the mid-connecting point of South and South East Asian countries, is a land of scenic beauty, ethnicity, uniqu
About the Author:

Dr. Sakib Bin Amin is Associate Professor in the School of Business and Economics at North South University in Dhaka, Bangladesh. He holds a Ph.D. in Economics from Durham University, United Kingdom. Previously, he worked as a visiting Commonwealth Rutherford Fellow at Durham University Business School, United Kingdom.


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Product Details
  • ISBN-13: 9783030728991
  • Publisher: Springer International Publishing
  • Publisher Imprint: Palgrave MacMillan
  • Height: 210 mm
  • No of Pages: 250
  • Spine Width: 18 mm
  • Weight: 530 gr
  • ISBN-10: 3030728994
  • Publisher Date: 10 Aug 2021
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Sub Title: Prospects, Constraints, and Policies
  • Width: 148 mm


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