Don't forget that resorts et al typically belong to international capital, and the tourists rarely leave the premises.
So what does the local economy get out of it? A few maids salary to clean up the tourist's shit?
So what does the local economy get out of it? A few maids salary to clean up the tourist's shit?
Same goes for any natural resource. Oil, precious metals, water, etc. Globalization feeds this behavior, but that’s a conversation people don’t usually want to have
I thought it was implied in the question "What does the local economy get out of it?"
A fair share is when the local economy gets out of it what the local economy needs/wants.
No, in most cases the contract stipulates profit/revenue sharing. E.g. Orano's uranium mines in Niger had 50% of all revenues going to the Nigerien government. In other cases it's much lower (e.g. Dundee Precious Metals in Bulgaria pay 10% of profits to the state).
Even Zuckerberg paid in an extra 10% ($20 million)over and above his land costs to fund affordable housing, conservation and a jobs program in Kauai to get the deal done
So no tax the locals. During the construction phase there is some legitimate economy uplift (similar to datacenters). But after that nothing.
is this just pure old corruption. govt not working for ppl stuff.
With all that being said, I still think that overreliance on tourism is bad for a place in principle. Those places fossilize, the wealth of tourists overwhelmes local culture, it will create wrong incentives, draw in junk vendors, pick-pocketers, and AirBnB vultures making life more miserable for the locals. One can also be certain that the local hospitality operators will try to pass the least possible amount to locals by finding even cheaper employees from god knows where.
The secret ingredient is always money. Spain looks the way it does because that country was desperate for foreign currency and jobs in the 60s and 70s. Economic development is hard and Albania does not have much going for it unfortunately.