Social Sciences
3 years ago

Tourism boosts Malaysia's economy through employment and foreign investment.

Tourism industry impact on Malaysia economic growth / Nor Aryna Erinie Arifin
Nor Aryna Erinie Arifin

Paper Summary

The impact of the tourism industry on Malaysia's economic growth was studied over 30 years. Factors like tourist spending, employment, Foreign Direct Investment, and taxes were analyzed. The study found that employment and Foreign Direct Investment have a significant impact on economic growth in Malaysia, while tourist spending and taxation do not.

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