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The Diasporic Economy, Trade and the Tourism Industry in the Caribbean

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Book cover Diasporas, Development and Governance

Part of the book series: Global Migration Issues ((IOMS,volume 5))

Abstract

The chapter focuses on the tourism sector, which is the largest earner of foreign exchange and employs more people than any other economic sector in the Caribbean. The diasporic economy has emerged in the last two decades to rival the tourism sector in terms of foreign exchange earnings in several Caribbean countries. As such, a study of diasporic tourism brings together the two main drivers of the contemporary Caribbean economy. In this regard, the chapter examines the key dimensions of the diasporic economy, trade and entrepreneurship and their impact on the tourism sector. The case of the Caribbean, one of the most tourism-dependent regions in the world, is used to illustrate the development impact of these flows from a trade perspective. The main objective is to map existing economic and trade flows generated by the diasporic economy and to identify the key areas of innovation that are helping to diversify the tourism sector in the Caribbean.

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Authors and Affiliations

  1. UWI Consulting Company, The University of the West Indies, Kingston, Jamaica

    Keith Nurse

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  1. Keith Nurse
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Correspondence to Keith Nurse .

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Editors and Affiliations

  1. Department of Geography and African & African American Studies, University of Kansas, Lawrence, Kansas, USA

    Abel Chikanda

  2. Balsilie School of Intern Affairs, Waterloo, Ontario, Canada

    Jonathan Crush

  3. Balsilie School of Intern Affairs, Waterloo, Ontario, Canada

    Margaret Walton-Roberts

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Nurse, K. (2016). The Diasporic Economy, Trade and the Tourism Industry in the Caribbean. In: Chikanda, A., Crush, J., Walton-Roberts, M. (eds) Diasporas, Development and Governance. Global Migration Issues, vol 5. Springer, Cham. https://doi.org/10.1007/978-3-319-22165-6_9

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  • DOI: https://doi.org/10.1007/978-3-319-22165-6_9

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-22164-9

  • Online ISBN: 978-3-319-22165-6

  • eBook Packages: Social SciencesSocial Sciences (R0)

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