Abstract
This article aims to explore and document the relationship between forms of alternative tourism and economic development. More specifically, the subject of this investigation will be whether a small national economy is able to rely wholly or largely on tourist flows as a source of income and even to invest in a single type of tourism. Alternative forms of tourism, gaming tourism as well as the features of territorially limited countries and how they are linked to the case of Macao will also be objects of study and annotation. With the process of text production through scientific articles, statistical data, and reliable databases, this article attempts to satisfy the investigated relationship as well as the stemming questions.
Highlights
Tourist activity is closely linked to the economic development of destination areas
This paper aims to present a special form of tourism and how can this form function as a major instrument for the economic development of a region or a community
Gambling tourism is not a panacea for any economic ‘disease’, but it is a very useful tool especially for the first steps of a developing economy. Through this short study, we reach a series of conclusions, the most important of which is that the rapid development of a national economy from scratch is achievable
Summary
Tourist activity is closely linked to the economic development of destination areas. The vast majority of national economies in the world are based on, either quantitatively or entirely, the development of tourism forms with reciprocal benefits. This research focuses on small spatial areas, where opportunities for progress and prosperity are limited, so the development of tourism emerges as the only solution. This tourist differentiation is referred to as 'alternative tourism' and it is usually an element of spatially restricted areas destinations. Its true value is the promotion of an economic model of a very small region – state, based entirely on gambling tourism. In order to support the case, this paper attempts to approximate via literature review the tourism, financial and socio-economical profile of Macau, there are some serious limitations at the elaboration of this text. In this paper, we will use both of terms ‘Macao’ (in English) and ‘Macau’ (in Portuguese)
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Journal of Economics, Finance and Management Studies
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
