Sustainable Ecotourism in Central America: Comparative Advantage in
a Globalized World examines the factors necessary for Nicaragua,
Panama, and Belize to implement an economic development model based
on the growth of ecotourism and foreign direct investment. In order
to determine what factors are necessary to implement this model,
this book analyzes the state of ecotourism development in Costa
Rica and the lessons that the Costa Rican case can provide for
other Central American states. It also assesses the effects of
globalization and the increasing implementation of free market
policies on the development of ecotourism. The book ultimately
argues that globalization and neoliberalism have made it more
likely that states will be able to adopt a development model based
on ecotourism and foreign direct investment due to the manner in
which neoliberalism and globalization help to create
ever-increasing economic interconnectedness and openness. While
globalization has served to shrink the world and make it easier for
people to travel, the economic openness of neoliberalism has
facilitated global flows of both tourists and international capital
into every corner of the world. Understanding the way globalization
and neoliberalism interact with ecotourism development and foreign
direct investment is the key to formulating policy recommendations
for states in Central America to jumpstart their economic
development.
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