Economist Podcasts

Arrivals haul: anti-tourism’s folly

8 snips
Aug 8, 2024
Corbin Duncan, a finance and economics writer at The Economist, sheds light on the rising anti-tourism sentiment in cities like Barcelona. He discusses how harsh policies can backfire, harming both tourists and locals. The conversation also touches on innovative strategies cities are employing to balance these tensions. Additionally, listeners are intrigued by Russia’s unique military recruitment tactics amid the ongoing conflict and the unexpected revival of feature phones as a simpler alternative to smartphones.
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INSIGHT

Tourism Boom

  • Tourism is booming in 2023, exceeding pre-pandemic levels.
  • Emerging markets like Albania are experiencing significant growth in international arrivals.
INSIGHT

Tourism's Economic Impact

  • Tourism significantly contributes to global GDP, trade, and employment.
  • It's boosting economies in countries like Greece, Portugal, and Spain.
INSIGHT

Concentrated Costs of Tourism

  • Tourism offers diffuse benefits like employment and taxes but has concentrated costs.
  • It can be unproductive, relying on low-paid workers and hindering education investment.
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