Enhancing the Economies of Third World Countries through Sustainable Development

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Enhancing the economies of third world countries through sustainable development remains one of the proven solutions to help improve human conditions. For the past twenty plus year world economic and political entities have held numerous conferences and forms in the subject. Much of the outcomes include pledges, emergency relief and/or other solutions which seldom seem to come to measurable or even visible solutions. This article will delineate four models which offer examples that in part have either worked, are working, and one yet to be tried. More than 5 billion people live in poverty with the heaviest concentrations and perhaps the least hope in third world countries. Implementing any one of these models successfully can only sense to improve their economic and environmental flight.


Keywords: Aid, Base, Economy, Infrastructure, Incentives, Sustainable Development, Tax, Tourism, Travel
Stream: Economic Sustainability
Presentation Type: Virtual Presentation in English
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Ronald Nykiel

Conrad N. Hilton Distinguished Chair & Associate Professor, Conrad N. Hilton College of Hospitality Management in University of Houston
Houston, TX, UNITED STATES

Ronald A. Nykiel, Dr. Nykiel has served as a series officer of a number of multinational hospitality corporations and authored numerous books and articles in the field. Dr. Nykiel is the founder and past Chairman of the Hospitality Industry Hall of Honor, has served as Chairman of the Hospitality Industry Diversity Institute, and as a board director of a number of corporations and industry associations. He is currently, the Conrad N. Hilton Distinguished Chair at the University of Houston and Chairman of World Institute Associates, a management consulting firm. He lives in Houston, Texas.

Ref: S09P0080