Wednesday, July 11, 2007

Tourism Satellite Account for Botswana

Tourist boat, Okavango
The Botswana Tourism Board has contracted production of a Tourism Satellite Account (TSA) for Botswana. Tourism Satellite Account standards and methodology were developed by the United Nations; the World Tourism Organization; the Organization for Economic Cooperation and Development (OECD) and the European Commission, and approved by the United Nations Statistical Commission in 2000. The statistical tool offers a series of global standards and definitions that measure the tourism industry's contribution to national economies in terms of percentage of GDP, jobs, capital investment and the role of tourism in a nation's balance of payments. TSA runs alongside national accounts and aims to provide internationally comparable data developed by a country's own statistical institutions that puts tourism on an equal footing with other, less-diversified, economic sectors. The report for Botswana is expected to be finalized by November 2007. In the meantime, you can read the TSA for Namibia: The Impact of Travel and Tourism on Jobs and the Economy, in HOORC’s Library.

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