Tourism, Remittances and the Partial US Government Shutdown
“I had always hoped that this land might become a safe and agreeable asylum to the virtuous persecuted part of mankind, to whatever nation they might belong.”- George Washington According to the WTTC travel and tourism accounts for more than 313 million jobs as well 10.4 per cent of global Gross Domestic Product (GDP) or 9.9 per cent of total employment in 2017. The travel and tourism industry is especially vital to Caribbean societies. Tourism is very often referred to as the engine of growth for Caribbean islands. The tourism industry is a major player in providing employment both directly and indirectly in the region. A survey done in 2010 by the Oxford Economic Organization found that tourism played a larger role in Caribbean economies than it did in any of other region. Effects of Partial Government Shutdown on the Travel and Tourism Industry We are all familiar with the saying if the United States economy sneezes the economies of the region come down with a cold. Due largely