This study analyses the role that services trade liberalisation could play in fostering tourism growth in
developing countries. The economic and social importance of tourism means that the industry is high on
the list of development priorities in many developing countries and LDCs. In order to have a successful
tourism export industry, effective linkages need to be established with many different sectors, most of
which are other services. Trade and investment liberalisation at the national, regional and multilateral
levels can be a means to complement national efforts to attain these goals. Sustainable tourism
development, though, requires strong public sector management and support. Due consideration needs to
be given to develop effective regulation, including competition policy and institutions, to avoid exceeding
the carrying capacity of assets, and to strengthen national capacity in order to minimise financial leakages.
