Nowadays, a high number of developing countries are relying more on their tourist industries rather than other fields. Although this trend may be beneficial in some ways, I feel that it is more likely to have a negative impact.
There are several reasons why the expansion of tourist industries in developing countries is seen as a positive development. One major reason is that tourism can provide new job opportunities for local people, which is really beneficial for local people and the economy. For example, popular tourist attraction locations such as airports, hotels and museums may need new employees, including waiters, guards and guides. The second major reason is that mega-events can inject significant cash into the local economy. For example, hosting major events such as the Olympics and the World Cup attracts tourists from all over the world. Russia, for example, hosted the World Cup in 2018 and made a significant profit for its economy.
However, I would argue that expanding tourist industries should be viewed negatively. One major reason is that unexpected and unforeseeable events can influence tourism negatively. For example, events such as terrorism, political upheaval, impactful weather conditions and natural disasters can put obstacles in the way of the local economy, and the impacts of these situations can take too much time to overcome. The second thing is that hosting a major event can hurt the local economy more than it benefits it. In the years following these events, Greece and Japan experienced significant economic crises because they spent much more money than they had planned.
In conclusion, I agree that there are various positive aspects of relying on their tourist industries, but they pale in comparison to the major problems that are certain to arise.