Fundamental to the survival of any institution, organization or nation is money. Money is the fuel on which any industrialized entity is propelled forward. Without sufficient monetary funding, these entities would stall and be rendered useless and vulnerable to collapse. The generation of money comes from the presence of people and commerce. For the purposes of this blog, that source of commerce is tourism in New Zealand.
According to the article, New Zealand’s tourism industry contributes $18.6 billion to its economy annually, which accounts for almost a tenth of New Zealand’s GDP. This money allows for the development and maintenance of New Zealand’s infrastructure. A surplus of funds allows for the creation of jobs which, in turn, eases pressures on various government assistance programs. The outlook for the future is good in terms of the reliability of tourism dollars. According to the article, international tourism has doubled since 1993, and growth is expected to continue.
http://www.nztourismstrategy.com/tourismnz.htm
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