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The Effects of Tourism on the Small State of Monaco - Research Paper Example
Pages 9 (2259 words)
The report considers the effects that tourism has had on the small state of Monaco, constructing a detailed review of the literature. Following this the report outlines a proposed research plan for gaining a direct determination of the effects of tourism, including the development of research questions…
The state experiences a Mediterranean climate with hot, dry summers and wet, mild winters. In is two square kilometers in area, making it the second smallest independent state in the world, with only Vatican City being smaller. It is almost entirely urban, with a high standard of living and currently has the longest life expectancy at birth of the independent states. As well as attracting tourists through its gambling facilities, the state is also a major banking centre, and acts as a tax haven with no income tax and low taxes for business. The country is a constitutional monarchy, having a head of state as well as a head of government and a cabinet (Central Intelligence Agency, 2011). The state has little to no natural resources, which limits its ability to develop sustainably (D'Hauteserre, 2005).
The rapid growth of tourism worldwide has been a consequence of advances in transportation, with global transportation no longer being a complex venture, as well as being cheaper, safer and more convenient. In addition advances in communication and in technology have played a substantial role as well as other factors, such as the prevalence of people with high disposable incomes that are seeking pleasure, relaxation and comfort (Smith & Eadington, 1992). The first real influx of tourism to Monaco was in 1863 when a performer known as the Magician of Monte Carlo began to manage a new gaming company. This provided most of the revenue for the state until World War II began. Currently the state now hosts millions of visitors a year and has many investors (D'Hauteserre, 2005). The production of a world famous casino during this period was one of the key methods that the state benefited from tourism. ...
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