Examining Tourist Motivation and Social Media on Travel Intention of Saudi Tourists
Dr. Bashar Alhaj Mohammad, Dr. Fadi Herzallah
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In this technology era, social media is playing a significant role in tourists’ life. Tourists like to share their travel experience on social media which may influence future tourists’ travel decision. This study examined the impact of tourists’ motivation and social media on travel decision and future travel intention. Partial Least Square (PLS) structural equation modeling was used to analyze the data of 324 tourists. The results indicated that tourists’ motivation (knowledge, relaxing, self-esteem, and events/activities) have strong relation on tourists’ travel decision. The results showed that social media has affect tourist to travel decision. The results showed that tourists intended for future travels. This study will help planners to design future tourism strategies in the country.
Globalization and the Pacific Alliance Regional Trade Bloc
Jorge Riveras, Michael Kantor, Jesús Arteaga-Ortiz
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Globalization is a difficult topic to analyze due to the numerous areas and metrics encompassed, which scholars have used many methods to define and assess. Attempting a broadly based, thorough, and systematic analysis of globalization is convoluted and warranted due to the narrowly focused body of research tailored to the researcher’s specific academic discipline. The shortcomings of a narrow focus on globalization analysis are reduced by employing a system approach with a multidisciplinary and multidimensional globalization model. This research employs a globalization model to examine the Pacific Alliance regional economic integration bloc established between Mexico, Colombia, Chile, and Peru in 2011. The study includes a historical examination of the impact the Pacific Alliance has had on each member country and its current level of integration. It examines changing trends, potential expansion, and concludes that policies and initiatives have promoted the spread of globalization, while countering recent protectionist policies in nations around the world.
The Impact of the Development of the Banking Sector in Rentier Countries on Economic Growth In Light of Recurrent Crises
Husam Abbas Ali
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This study showed how the impact of the banking sector in rentier countries on economic growth for the period from 2004-2020, for each of Iraq, Qatar, Algeria, Libya, Kuwait, using the (Panel Data Regression Models) method. And it found the weak development of the banking sector in general in the rentier countries, and the lack of impact of the development of the lending interest rate and the number of bank branches on economic growth, while it found that domestic credit is directly related to economic growth, in addition to that the crises of international oil prices have negatively affected the development of the banking sector From one period to another, the banking sector’s connection with government activities has increased as a result of the weakness of the rest of the economic sectors.
Investigating Economic Effects of 2018 Steel Tariff Imposition In Usa
Mr. Liam Palmbach, Kishore G. Kulkarni, Ph.D.
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In 2018, the Trump administration imposed a 25% tariff on steel imports from a number of countries. The administration justified this action by referring to section 232 of the 1962 Trade Expansion Act, which allows for the imposition of tariffs for ‘national security reasons.’ While the domestic American steel industry applauded the action, the tariffs have been extremely controversial and elicited consternation among countries and industries negatively affected. Overall, the tariffs had an initial positive impact on the steel industry, increasing both employment in American steel-producing firms and increasing prices charged for the high-demand commodity. However, this effect was relatively short-lived and was likely not as pronounced as the Trump administration would have preferred. Meanwhile, steel-consuming industries, such as the automobile industry, saw a steep rise in prices, a loss of competitiveness, and a significant drop in employment rates. Given that substantially more labor is employed in the steel-consuming industry as compared to the steel-producing industry, those negatively impacted by the use of tariffs significantly exceeded those who benefitted from them. Beyond the direct impacts on steel-producers and steel-consumers, the 2018 tariffs also had the effect of provoking retaliatory tariffs on a variety of American industries, which created to a phenomenon known as ‘cascading protection’ as ever more domestic industries, which experienced a loss of competitiveness as a result of the tariffs, lobbied the administration for the imposition of further tariffs.