Japan Tourism Case Study

1084 Words 5 Pages
Chapter1: Introduction
The market development is important as it has implication for investments made in cities, workface locations, and tourism which can include upwards of many significant new expansion or relocation in a prefecture in each year with each creating jobs and value to the economy (Bayraktar and Uslay, 2016). It incorporates concepts including brand, visual image, reputation, the sense of place as well as the identity of the people all of which create an overall image of a place and can lead to either investment or abandonment.
Tourism is the most internationalized industry, as it has evidenced by high foreign direct investment inflows and outflows and the dominance of the international tourism
…show more content…
The Japan tourism sector has been an important position in contribution towards its economy, not merely generating profit and job opportunities. FDI is the investment of assets from a foreign country to an invested country. It benefits an international company to explore more opportunities, low expenses and new supplies of finance and labor. The foreign direct investment in the tourism sector has potential, inter alia, to contribute to the growth and development (Dwyer, Forsyth and Dwyer, 2010). In short, foreign direct investment in the tourism sector is a widespread phenomenon that it is making the tourism industry highly …show more content…
Meanwhile, beyond Japan government law and World Trade Organization, Japan has lost many of the instruments transiently used to promote community competitiveness to attract FDI. In this context, the good design, development policy is an important key, the central administration can utilize to influence the economy. According to the development policy, the government can control macroeconomic variables such as disposable income, aggregate demand, and activity of the economy. The potential market redistributive objective and inconstancy deal with development policy, to determine implicitly the business and environment economic growth (Göndör and Nistor,

Related Documents