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Policy and planning tourism - Essay Example
Author : beatricegreenho
Pages 8 (2008 words)
Policy and Planning Tourism ABC XYZ University Abstract In today’s world of cut throat competition and economic downturn, nations are constantly striving to attain robust economic growth by recognizing and identifying certain sectors which may help in garnering revenue…
Here, we will examine the manner in which the Ministry of Trade and Information Singapore formulates certain economic strategy and the manner in which they are in compliance with the basic economic management philosophy of free market economy and outward oriented economic policies. Accordingly, this paper will also delve into the manner the tourism policies have been formulated so that they comply with the economic strategies to attain robust economic growth in the nation. Contents Abstract 2 Introduction 4 Formulating Economic Policies for Singapore 4 Current Economic Management Philosophy 6 Tourism policy instruments 7 Conclusion 11 Reference 12 Introduction The Ministry of Trade and Industry Singapore helps in directing policy formulation with reference to developing industry and trade in Singapore. Its mission is to enhance economic growth and help in creating more job opportunities so as to attain enhanced living standards (MTI, 2013). Formulating Economic Policies for Singapore The Ministry of Trade and Industry Singapore formulates certain strategies which drives economic growth. The Economic Strategies Committee of MTI Singapore, came up with several strategies to boost economic growth in the year 2010. ...
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