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RESEARCH PRODUCT

An overestimated relationship? Violent political unrest and tourism foreign direct investment in the Middle East

Christian Steiner

subject

Political riskGeography Planning and DevelopmentTransportationForeign direct investmentUnrestPoliticsEmpirical researchTourism Leisure and Hospitality ManagementTerrorismDevelopment economicsEconomicsNexus (standard)TourismNature and Landscape Conservation

description

Although the tourism industry is increasingly globalising, empirical research on the accompanying foreign direct investment (FDI) is surprisingly lacking. Furthermore, the nexus of political risk, violent political unrest and tourism FDI has been relatively neglected. Using Egypt as a heuristic case study and adopting a qualitative methodology, this paper explores the question of how political risk and violent political unrest influence tourism FDI. Surprisingly, the results are not able to corroborate a clear relationship between the two. In contrast, these results indicate that the role of stability and security for tourism FDI in developing countries has largely been overestimated in the past. Copyright © 2010 John Wiley & Sons, Ltd.

yearjournalcountryeditionlanguage
2010-11-01International Journal of Tourism Research
https://doi.org/10.1002/jtr.788