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Mental Health and PovertyAwareness around mental health is increasing globally, not least as depression ranks third in the global burden of disease, with predictions that it will take the lead in 2030. However, in some parts of the world, poverty rates can be two times higher among those with mental health disorders than among those without disabilities. It is crucial to realize the strong relationship between mental health and poverty in order to better tackle both problems. Here are 10 facts about the link between mental health and poverty that everyone should know.

10 Facts About the Link Between Mental Health and Poverty

  1. Poverty can cause poor mental health. Poverty can increase the likelihood of mental health diseases and therefore is a causal factor. An example of this in action is that higher stress levels due to poverty-related issues can trigger depression.
  2. Poverty can be a consequence of poor mental health. One of the main factors includes an inhibited ability to work leading to unemployment through reduced productivity. Meanwhile, another factor is poor mental health because those afflicted may experience increased health expenditure leading to a lower socioeconomic standing.
  3. Mental health disorders are more prevalent in low- and middle-income countries (LMICs). More than 13% of the world’s burden of disease comes from mental disorders such as depression, anxiety and schizophrenia. From this, nearly three-quarters of this burden exists in LMICs. Yet, in places such as Ghana and Ethiopia, fewer than 10% of those suffering from a mental health condition receive treatment. Overall, in Africa, government expenditure on mental health is only $0.10 per capita.
  4. Growing up in poverty at home seriously impacts cognitive development. Scientific studies have inextricably linked mental health and poverty, showing that experiencing childhood in circumstances of poverty has damaging effects on mental development. Growing up in a stressful environment like poverty can lead to the body producing short-term coping strategies which can lead to long-term health issues such as increased susceptibility to certain cancers. Researchers have also scientifically proven that childhood poverty leads to diminished cognitive performance, as children raised in these environments consistently show lower cognitive performances, especially in language functions and abilities such as memory, planning and decision-making. This continues a vicious cycle of generational poverty.
  5. Stressful life events have a close association with poor mental health and worsening poverty. These events might include violence and crime. Discrimination also acts as a barrier to opportunities and causes poorer mental health as well as a decreased ability to perform. In South Africa, a history of violence, exclusion and racial discrimination have strong links to their high statistics of mental disorders, with 16.5% of the population reporting suffering at least one in 2007.
  6. The preoccupation with scarcity in poverty leads to lower cognitive capacity. When someone is occupied mentally with issues of scarcity, such as money or where their next meal is coming from, this uses up a lot of mental capacity. A study occurred in India proving the effects of scarcity on mental power and performance. Researchers tested more than 460 sugarcane farmers’ cognitive function before their annual harvest, when the farmers were poorer, and after. The results showed a decreased mental capacity of 10 IQ points pre-harvest, the equivalent to a whole night’s sleep. This proves that scarcity due to poverty heavily affects mental capacity and can leave little energy to dedicate to work which can lead to poor performance and unemployment. Equally, if someone is already unemployed, it means little mental capacity remains for seeking ways out of poverty, such as pursuing job training or further education.
  7. The stigma around those living in poverty provokes poorer mental health in this population and continued poverty. Many in the world have the perception that people in poverty are lazy. This stigma decreases the general population’s willingness to help those in poverty. It also affects the latter’s view of themselves as it significantly impacts people’s mental well-being through exclusion, isolation, feelings of helplessness and lower confidence. This can further decrease educational and professional attainment where it may already be lower due to impacted childhood development and decreased mental capacity.
  8. The economic burden of poor mental health is vast. Although mental health is categorically not an economic problem, it does heavily impact the global economy to a shocking extent. Globally, the cost of lost productivity due to depression and anxiety disorders is $1.5 trillion a year. This equates to 4.7 billion days of lost productivity. As well as this decreasing amount of money for the economy, a higher rate of mental health problems requires increasingly more health expenditure, further lessening the economic power of a country.
  9. Poor mental health poses serious problems for LMICs’ development. As well as inhibiting economic productivity, poor mental health also weakens immunity. Therefore, sufferers are more likely to become infected with HIV and malaria treatments are less effective, posing significant problems for national and global health goals. Yet, a decent investment in mental health programs and treatment brings back significant gains. A study in Ghana showed that for every dollar invested in depression and anxiety treatment over a 10-year period, society would respectively receive $7.40 and $4.90. Meanwhile, a lack of investment makes development goals much harder, if not impossible, to achieve.

Concluding Thoughts

The link between mental health and poverty is clear, and therefore the creation of dual poverty-alleviation and mental health programs will lead to increased health and economic prosperity for all.

– Hope Browne
Photo: Unsplash

G20 Initiatives to Support the Global EconomyThe G20 is a group of 20 leading nations (19 countries and the European Union) that gather for high-level discussions on macro-financial, socio-economic and development issues on a global scale. Together, they comprise almost 90% of global GDP and 80% of global trade. This year, the G20 summit will be held from November 21-22, in Riyadh, Saudi Arabia.

Supporting the Global Economy Amid COVID-19

This October, the G20 highlighted the importance of prioritizing the global fight against COVID-19 and doing “whatever it takes” to support the global economy. As part of their plan to bring COVID-19 under control, the G20 has pledged to invest upwards of $5 trillion to support the global economy. This is in response to the widespread economic consequences of the pandemic and subsequent lockdowns.

The U.N. has previously spoken out about the importance of the G20 coming together to develop a plan for tackling the novel coronavirus. In March 2020, the U.N. Secretary-General António Guterres addressed the G20 directly in New York, saying that “solidarity is essential, among the G20 and with the developing world, including countries in conflict.” He added that the pandemic requires a “war-time plan to fight it.”

“While the liquidity of the financial system must be assured, our emphasis must be on the human dimension. We need to concentrate on people, keeping households afloat and businesses solvent, able to protect jobs,” Guterres continued.

Guterres also called for debt relief, economic and social support to developed countries and a stimulus package.

Solutions to Support the Global Economy

To support the global economy as a whole, the G20 will likely be required to heed the aforementioned requests from the U.N. Additionally, economic forecasts show that developing countries are at much greater risk of economic anxiety due to the socio-economic effects of the novel coronavirus pandemic, in contrast to developed countries which are already showing signs toward economic recovery.

The G20 has now also agreed for the first time on a “Common Framework” to handle low-income countries facing debt, which is a monumental step forward for global debt relief. This framework is expected to be finalized at the November meeting.

Kristalina Georgieva, the managing director of the IMF has commented on this achievement. “I am encouraged by G20 discussions on a Common Framework for Sovereign Debt Resolution as well as on our call for improving the architecture for sovereign debt resolution, including private sector participation,” said Georgieva on October 15, 2020.

The G20 has also agreed to extend the Debt Service Suspension Initiative (DSSI) by six months. This means it will now freeze official bilateral debt payments until the end of 2020. The G20 has also stated that another six-month extension will be considered in April. This is significant progress from the G20’s past stance regarding the global debt agenda.

Katherine Musgrave
Photo: Flickr

Microsoft's Global Skills InitiativeIn the wake of COVID-19, economies across the world have been hit hard. Countries alike have seen decreases across all economic sectors as quarantine and stay-at-home orders were mandated in an effort to slow the spread of the virus. People transitioned to working remotely, while millions of others lost their jobs entirely due to market crashes. In an effort to cushion the economic travesty that the pandemic has bought, Microsoft is launching a global initiative, partnering with LinkedIn and Github, to teach 25 million people across the world new digital skills. Microsoft’s global skills initiative aims to remedy the global economic impact that has come with COVID-19.

Digital Skills

Microsoft believes these newfound digital skills will give people the ability to take on jobs where digital skills are necessary in order to be successful. The initiative targets those who have lost jobs due to the pandemic, as well as minorities, women and others affected by poverty.

Recent statistics predict that over 250 million people globally may be unemployed by the end of 2020 due to COVID-19. Microsoft found that in the U.S. alone, in May 2020, women had an unemployment rate of 14.4% compared to men who were at 12%. Additionally, Latinx populations had unemployment rates of 16.7%, which is much higher than other groups. These statistics indicate why the initiative particularly targets populations such as women and minorities.

By learning digital skills, those who are at an economic disadvantage will be able to take on jobs in the digital age and improve their economic status. Those who attain these newfound skills might even be able to teach others and distribute their knowledge to uplift an entire community.

Three-step Process

The three partnered companies have come up with a three-step process that they hope will encourage economic growth in communities across the globe. The first part relates to the Linkedin Economic Graph. The Economic Graph is a digital representation of the global economy based on more than 690 million professionals, 50 million companies, 11 million job listings, 36,000 defined skills and 90,000 schools. In short, it is data that shows available jobs and their required skills as well as global hiring rates. These insights will help create economic opportunities for the global workforce.

The second part consists of free tools, programs and content that people will be provided with, in order to learn the skills necessary for job applications. This initiative will give people free access to content from LinkedIn Learning, Microsoft Learn and the GitHub Learning Lab.

Thirdly, low-cost certifications and other cost-free job-seeking tools will be available to help people pursue new jobs with their newly developed skills.

Along with this digital skills initiative, Microsoft will be backing $20 million worth of cash grants that will be distributed across the globe to different nonprofit organizations. These grants will help nonprofits to combat the effects of the pandemic and allow the nonprofits to further extend reach in order to help more people.

Microsoft believes that global shutdowns and social distancing have accelerated the path to digitalization in all fields and economies. The company knows that digital tools are now necessary regardless of the field of work and will continue to be relevant far after the pandemic has passed. Microsoft’s global skills initiative may help the world’s economic recovery and may possibly uplift the entire globe during the COVID-19 pandemic.

George Hashemi
Photo: Flickr

10 Ways the EU Supports the Least Developed CountriesThe European Union (EU), comprised of its 27 member states, is the biggest economy in the world. As such, the EU is the biggest exporter and importer of goods and services provided by third parties (non-union members). On the other end of the spectrum, the world’s Least Developed Countries (LDCs) account for only 2% of the global economy and only 1% of global trade in goods and services. The EU’s social policies have always been supportive of these LDCs. Yet, they acknowledge that economic policies and opportunities are most effective in supporting these countries. Even though the LDCs function in the global economy, they struggle with exports (while obtaining the full benefits). Because of this, the EU began allocating resources to help these countries. The EU also opens the European market to their products and services. Here are 10 ways the EU supports Least Developed Countries.

10 Ways the EU Supports the Least Developed Countries

  1. No Customs Taxes, No Quotas: LDCs exporters are not taxed when accessing the EU market. There are no limits on how much LDCs can export to member states without this taxation. This applies to all products or services, as long as it complies with the EU’s quality standards. The only exception is the trade of arms and ammunition.
  2. EU Aid for Least Developed Countries: The EU encourages the LDCs to increase exports and production by investing in their local economies. The Aid for Trade is the EU’s stimulus for the LDCs to take on infrastructural projects such as roads, bridges and ports. It is believed this aid helps the countries develop further and become more competitive.
  3. Least Developed Countries Get Complimentary Access to the EU Market: The EU’s trade policy for LDCs differs from other developing countries. In some cases, it is even more accommodating than their partnerships with traditional allies. By giving LDCs uninhibited access, the EU is providing a competitive advantage over other third parties. This way, LDCs have more opportunities to trade with the EU than stronger economies. Hence, this gives them a better chance to grow.
  4. Full Access for Services: The EU makes it easy for companies in the LDCs to sell innovative services. For example, engineering, management advising and IT. There is dual reasoning behind this policy. First, it creates a more competitive market. Second, it helps LDCs enhance their local technology and engineering service sectors.
  5. Opt-out from World Trade Organization’s Patents: The EU created unique policies that apply only to LDCs to encourage innovation. The LDCs may request an opt-out from the World Trade Organization’s (WTO) rules on intellectual property. This could include things like expensive patents or designs. These things can block their developmental progress. Further, the EU gives LDCs access to otherwise patent-shielded drugs, to ensure that people have access to the medications they need.
  6. Governmental Support and Counseling: The EU supports the LDCs’ governments, so they can make trade a central part of their national agenda and plan to develop their economies. As part of this effort in 2015, the EU pledged €10m to a program designed and guided by top European economists.
  7. No More Unfair Competition Among Farmers: Subsidizing local farmers to export is a common practice around the world. As a result, farmers in weaker states struggle to compete; sometimes they even declare bankruptcies. In 2015, the EU and Brazil discussed a new deal with the WTO. This deal would scrap the unfair practices and export subsidies to farmers. The deal is still in process, but it hides an excellent premise for all the LDCs that would profit from it on the background.
  8. Backing the Fair Trade: EU trade deals with the LDCs that specially designed products to promote fair and ethical trade of products. This includes cocoa, coffee, fruits and other foods; these products are mainly supplied from these countries. Additionally, the EU supports the LDCs by partnering with the International Trade Centre. It invests in projects like 1 RUN that trains small-scale farmers in the LDCs to produce their crops more sustainably.
  9. The Trade Facilitation Agreement: The EU is the loudest supporter and promoter of the WTO’s Trade Facilitation Agreement. It will make it much more manageable and more affordable to clear goods through customhouses – giving crucial administrative relief to exporters from the world’s poorest countries.
  10. EU Supports the Least Developed Countries on the World Stage: The Union is a prominent member of the world’s international organizations, including the WTO, the UN, and the United Nations Conference on Trade and Development (UNCTAD). In each one, the EU prioritizes the needs of the Least Developed Countries and encourages other members to open up their markets and provide finance to help their advancement.

 – Olga Uzunova

Photo: Pexels

Five Reasons to Care About Global Health
Caring about global health isn’t limited to providing mosquito nets and vaccines. It is an expansive endeavor that attempts to deal with illnesses resulting from natural disasters, war and poverty. With this in mind, here are five reasons to care about global health.

 

  • Food Borne Illness: The development of international agricultural trade combined with the misuse of antimicrobials has increased the risk of foodbourne illness outbreaks from microbial contamination, chemicals, toxins and undiscovered diseases.

 

  • Global Economy: Disease outbreaks strain economies monetarily, but also weaken individual workers’ ability to support their families or contribute to society. The biggest hit to many countries affected by disease outbreak is a loss of tourism and consumer confidence. The cost to treat many diseases on such a large scale is astronomical compared to the preventative costs.

 

  • Drug Resistance: With new diseases appearing at a rate of one or more per year, known viruses and diseases are becoming increasingly drug resistant, elevating the likelihood of outbreaks. Diseases that were once considered treatable, like tuberculosis, are now becoming drug resistant.

 

  • Outbreaks: Transmittable diseases are making their way across oceans via airplane passengers and mosquitoes. Examples include the SARS epidemic in 2003, the outbreak of the H1N1 influenza in 2009 and, most recently, the spread of the Ebola virus in 2014.

 

  • Bioterrorism: Both accidental and deliberate outbreaks, whether malicious or simply negligent, pose severe threats globally. Examples include toxic chemical accidents, radionuclear accidents, environmental disasters and intentional release of toxic agents like anthrax and other bioterrorist actions.

There are many more reasons to care about global health in such an interconnected society as is present today. Organizations like the Centers for Disease Control, USAID and the World Health Organization are working to achieve global health security. Investing in global initiatives that increase the probability of early detection and control of communicable diseases can ensure a healthy global economy.

Rebekah Korn
Photo: Flickr

latin america genderWorkplace gender equality is vital for economic growth. With women making up 50 percent of the working population, but only contributing 37 percent to the GDP, it’s important to realize that their financial success is crucial for the global economy.

In order to see this success, women will need proper training and economic incentives to be economically stable. One small business owner, Daniel Vàsquez, moved his plantain processing plant from Tegucigalpa to Valle de Jamastràn in order to tap into the markets of smallholder farmers, both male and female alike.

Vàsque’s business, Dartma, processes the plantains that are used to make chips and other snack foods throughout small convenience stores in rural Honduras. His business model prioritizes gender equality throughout the workplace and was created by TechnoServe, a nonprofit that focuses on business solutions to poverty.

Dartma purchases produce from male and female farmers, and has a gender-balanced sales and production staff—individual talent determines who works where.

Vàsquez explains broadly, “There’s balance. Women are more creative in some areas, they’re detail-oriented, they’re better at product quality control. Men are better at activities requiring physical strength, like carrying materials.”

After implementing TechnoServe’s goals towards gender equality in the workplace, Dartma saw a 20 percent increase in revenue after one year. With more growth, he hopes to one day provide parental leave to his female employees.

According to global management firm McKinsey Global Institute (MGI), advancing women’s roles in the workforce can contribute $12 trillion in global growth by 2025.

For women to contribute more to the economy, there must be more gender equity at work. This requires adequate training that provides the skills females need to perform well in higher-productivity jobs, along with equal benefits and pay from the employer.

An MGI report states that in order to achieve gender equality at work, there must be economic development and a change in society’s attitude towards gender equality.

Over the last 30 years, these social attitudes have already improved, which has contributed to a 19.7 percent increase in female workforce participation last year, according to the same report. If this growth is maintained, nearly 240 million people will be added to the world’s labor force by 2025.

Daniel Vàsquez shares why he values the women who work for him and supports gender equality in the workplace. He states, “The main benefit of buying raw materials from women is that they deliver a higher quality product, they always deliver the right order and on time. The other benefit is that the money reaches their hands and they invest it in their children.”

Kelsey Lay

Sources: McKinsey Global Institute, TechnoServe
Photo: Latin Correspondent

Income Disparity in South Africa
The country of South Africa is divided among those with nothing and those with seemingly everything, making for extremely high rates of poverty for the country overall. The income disparity in South Africa has had an impact not only on the domestic economy and security, but also on the global economy.

Reports show that approximately four percent of households in the country of South Africa make up 32 percent of the country’s household incomes. At the same time, about 10 percent of the citizens live in what are considered extreme poverty conditions, meaning families are living on under $1.25 a day. This disparity has not only drawn attention to the state of the economy, but it has also put a significant strain on the social aspects of the country as a whole.

Though South Africa stands as the second largest economy in Africa, economic disparity amidst the population has created more social tensions and controversy than the numbers would anticipate. Research shows that rates of disparity between members of the 90th percentile and 50th percentile citizens, in terms of income and economic security, have been continuing to grow in recent years. This means that the likelihood of social mobility, say from working class to middle class, or any further for that means, are rather difficult, and nearly impossible.

Despite becoming a democracy, South Africa continues to suffer with inequality between its citizens. This has proven to be an issue regarding security, as the growing size of the lower class and number of impoverished people compares to that of the other four percent. Lack of education can be a great contributing factor to this, as the number of unskilled and uneducated workers heavily outweighs the number of skilled workers in the country. Lack of skill and education leads to less opportunity for the average South African worker. Thus, educating and teaching more skill sets to the people of South Africa may, in part, begin to decrease the growing gap that continues to drive the people of the country apart.

Alexandrea Jacinto

Sources: CNBC Africa, World Policy
Photo: Daily Maverick

Global Financing Conference Looks to End Poverty - TBPOn July 15, leaders from all over the world will gather at a global financing conference in Addis Ababa, Ethiopia’s capital, to discuss major reforms and policies to make a legitimate dent in the issue of global poverty. This meeting marks the first of three summits in 2015 that aim to lock down funding for poverty programs worldwide. World Bank leader Jim Yong Kim summarized the magnitude of the summit by saying, “If we seize this moment we can accomplish the greatest achievement in human history.” The success of this and subsequent summits may finally put humanity on the correct path for eliminating poverty.

A topic of discussion at this summit will be on how to expand on the Millennium Development Goals, a set of eight target goals set in 2000 to combat poverty. These goals were set to expire after fifteen years, when a new summit would meet to establish new goals moving forward. The upcoming summit in Addis Ababa will spend time creating what will be known as the Sustainable Development Goals (SDGs).

The SDGs will be designed to reflect the changes in the global economy that have occurred since the initial MDGs were created. An excerpt from the World Bank’s website says, “The global development landscape has changed since the MDGs were adopted in 2000. Middle-income countries now account for a much larger share of global GDP. At the same time, inequality within many countries is on the rise and the gap between the rich and the poor is growing.” World leaders will assess a variety of new data to develop effective plans to reduce future poverty.

In order to make the eradication of poverty a reality, nations participating in this summit are preparing to raise the amount of money contributed to fighting poverty from billions to trillions of dollars. The funds necessary to achieving this goal will come “from private investment and domestic tax revenues. Foreign aid is already dwarfed by private financial flows, but it is still a precious resource, important because it reaches people and challenges that private finance alone cannot,” as reported by The Guardian.

This summit may be key in setting the stage for an entirely new era in our planet. The results of this summit and the ones that follow might be the pivotal step for stepping out of the overbearing shadow of poverty and into a bright future for generations to come.

– Diego Catala

Sources: The Guardian, World Bank
Photo: UN

Financial Inclusion Improves Globally

What is financial inclusion? Financial inclusion is when all members of society have access to financial services at affordable prices.

What does financial inclusion have to do with poverty? Some people may not be able to afford certain financial services. In addition, financial inclusion can help decrease global poverty. For example, when people have access to financial services, they can start and expand businesses, invest in higher education for their children and withstand financial hardships more easily. When other marginalized groups like women and disabled people have access to financial services, this can improve the economy of a country as the whole.

In 2011, 51% of adults,, or roughly 2.5 billion people, did not have a bank account. Now, 62% of the world’s adult population, or 2 billion, have an account.

China, India, Indonesia, Mexico and Tanzania have seen significant increases in account ownership. Account ownership in China increased from 64% to 79%, from 20% to 36% in Indonesia, from 35% to 53% in India, from 27% to 39% in Mexico, and from 17% to 40% in Tanzania.

Mobile money accounts have also helped increase financial inclusion. In Cote d’Ivoire, Somalia, Tanzania, Uganda and Zimbabwe, adults are more likely to have a mobile money account than an account at a financial institution. Mobile money accounts are the sole reason for the dramatic increase of account ownership in Tanzania.

In terms of the poor, account ownership increased disproportionately among adults in the poorest 40% of households. In 2011, only 29% of the poorest individuals had an account. Now, 46% of these individuals own an account. This is great news!

Overall, women are more likely to own an account than ever before. In 2011, 47% of women owned an account. Now, 58% of women own an account. Again, this is significant progress.

Account holders are using their accounts. About half of account owners in developing countries use their account to make or receive a payment. About a quarter of account owners in developing countries use their debit card to make direct payments. About 39% of account holders in developing countries use their accounts to save. This is secure and helps the economy grow.

Can we still make progress? The short answer is, of course we can. About half of the poorest individuals still do not have an account. Additionally, there is about a 7% gender gap in account ownership. The good news is that there are many ways that we can decrease this number.

Governments and businesses could drastically decrease the number of unbanked adults by digitizing wages and transfers. Additionally, many farmers are unbanked. About 23% of people in developing countries receive cash for agricultural sales. Countries could focus on banking these farmers. Additionally, mobile money accounts could be a way to expand account ownership significantly, especially among women and the poorest individuals.

Overall, financial inclusion is improving in developing countries. More adults than ever own an account. This will help improve both financial equality and financial prosperity.

– Ella Cady

Sources: Center for Financial Inclusion, Impatient Optimists, World Bank
Photo: Live Mint

TourismMillions of people travel around the world every day, whether for work, vacation, personal leisure or to visit family and friends. In less than a day, you can fly to any corner of the world you please; you can go to sleep on a flight leaving from the U.S. and wake up in Europe or Asia. Advancements in international travel have shrunk the world, making once inaccessible regions open to tourists from all over the globe.

The travel and visitation to other countries, known as tourism, not only allows for personal exploration and adventure, but it also serves as a key factor in maintaining international relations and the international economy. Here are some reasons why tourism can help redefine a country’s image:

1. Tourism campaigns can change the way foreigners perceive a country.

A prime example of this phenomenon is seen in South Africa. In South Africa’s history filled with racially-based conflict and identity challenges, the detrimental period of apartheid has become one of the nation’s most well-known historical markers. The government, largely through the tourism sector, has successfully managed to secure its newfound democratic identity as an interracially knit community of diverse peoples which is equally supportive of all races and ethnicities. Through various video and advertising campaigns, the country created a new label for itself: the rainbow nation. Since then, South Africa’s tourism sector has seen widespread growth, and the country’s efforts to unite its ethnically and culturally diverse population has led to a revamping of the entire economic sector, largely caused by tourism.

2. Tourism boosts the economy.

Tourism is widely used as a tool to ignite economic and internal progress. According to the U.S. Travel Association, the tourism industry generates over two point one trillion dollars in economic output every year. This type of large-scale spending is often the sole savior for countries buried in debt. Additionally, 15 million jobs are supported by travel expenditures (includes eight million directly in the travel industry and seven million in other industries). Think about the wide variety of employment opportunities here: airlines, tour guides, travel consultants, and many more.

3. Tourism creates domestic and foreign appreciation of culture and heritage.

When you visit another country, you gain a sense of appreciation for that country’s existing culture and heritage. Many travelers use tourism solely for this purpose: to learn and appreciate the diverse ways in which other people live their lives. This appreciation, however, goes both ways. When a country creates tourism campaigns and celebrates its own national pride and beauty in order to convince foreigners to visit, this also fosters a sense of citizens’ pride and national identity.

4. Tourism can help a country re-populate.

Tourism Excellence, a business created to help the tourism industry prosper, said, “In many areas tourism has helped to slow or halt the drift to cities, by not only making the local area and its employment opportunities more attractive to young people, but by attracting ‘sea changers and ‘tree changers’ from major population centers.” Increasing an area’s population can transform a place from being a small town to a highly-populated, desirable location to live, which has unending benefits for a country’s image.

All of these points further clarify the importance of the tourism industry to a country. Travel and tourism remain essential components of a country’s economic, cultural, and social success.

– Hanna Darroll

Sources: Tourism Excellence, U.S. Travel Association
Photo: Karibu