General Policy Principles

Policies for a Sustainable Tourism Industry

Overview
Given the size, diversity, domestic and international nature of the tourism industry, businesses in tourism are impacted by a broad range of domestic and foreign policy.

TIA's view is that the role of government in the economy and business is to shape and deliver a policy and regulatory environment that enables profitable and sustainable growth.

TIA acknowledges that sustainable growth is by definition also linked to Government's broader social, environmental and other policy objectives.

Beyond shaping the business environment, direct Government intervention can be justified:

In cases of market failure.
On the existence of a public good.
In areas that represent a core role of the State.

Government intervention involves both benefits and costs. TIA advocates that Government should minimise the costs involved in achieving their objectives. The benefits arising from any intervention should exceed the related costs.

The benefits and costs associated with the Government's role in the economy can be measured in terms of:

Economic growth - for example, whether the policies and/or interventions support or suppress growth;

Efficiency - whether the policies and/or interventions improve or impede economic efficiency; and

Equity - whether the policies and/or interventions promote equitable or inequitable outcomes.

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