World's Smallest Economies Rely on Tourism for Global Integration and Growth
The article examines how the world's 93 smallest economies, which make up only 1% of global GDP, are connected to the global economy through tourism. By looking at factors like tourism spending per person and the impact of tourism on their economies, the researchers found that countries with strong inbound tourism were more integrated with the world economy. This integration brought both benefits and challenges to their economies, which they had to manage.