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Barbados

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Submitted By no1suspek
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R Tano
BA-453
Tourism Planning, Policy,
& Development
12/4/11

BARBADOS

There are many tropical places in the world with astonishing and beautiful temperate climate zones but what more can a place like Barbados offer when it has something for everyone to enjoy? Just like the tropical island of Guam, Barbados has a beautiful ocean breeze touching the sun-kissed island and showing off its beautiful ambiences to every single visitor can once they step foot on the island for the first time. This island’s population is 286,705 large since July 2011 and is located within a chain of islands just easterly of the Caribbean Sea right above South America. The island is owned by Barbadian’s with the national language of English and slangs it with a native accent. The island is made up mostly of limestone and measures up to 166 square miles (21 miles in length & 14 miles in width). The island is flat in geographical feature and has one major incline which is known to be Mt. Hillaby. The capital, Bridgetown, is located northwest of the island and is known to be the main tourist spot for any visitor to enjoy major shopping sprees, sight-seeing and even horseracing to help get to places without automobiles or buses. Barbados also has the lowest crime rate within the Caribbean region and is particularly one of the safest places to travel all year round. So deciding where to go during fall or even the coldest winters, Barbados offers summer all year round with the sun served daily.
History

The first in habitants of Barbados where the Arawak Indians and were driven off by the invading Carib Indians from Venezuela in 1200 AD. The Carib Indians abandoned Barbados by the time the first European sailors landed on the island.
Portuguese explorer Pedro a Campos discovered Barbados in 1536 previously naming it Los Barbados, “the Bearded One”, after the islands Fig Tree’s long bearded aerial roots resemblance. Years later, Captain John Powell landed and claimed the uninhabited island for England in 1625 and his brother Henry Powell landed a couple years shortly with 80 settlers and 10 slaves. Their landing had slight progress to the uninhabited island which increased the population in 1628 to 2000 people strong.
The colonist’s had tried to use the islands geographical features to plant and irrigate cotton fields but they had discovered that sugar cane plants grew abundantly in Barbados which had more potential uses than cotton. The labor demands for the new crop to begin import in large amounts was to use African slaves to plant and harvest this new prized profit possession. In 1663, Barbados was recognized as the British Crown Possession and planters and merchants began thriving with this new crop amenity. Unfortunately in 1834, slavery was abolished and Barbados had been left with lesser slaves to work on the sugar cane fields so imports of the cash crop dropped in value and especially in large quantities.
Barbados had gain self-government in 1961 and finally full independence by 1966. Their independence day is also celebrated like the United States 4th of July in November 30. A year later, they became part of the United Nations 1967. The sugarcane industry went into a deep decline whereas the tourism industry boomed its islands economy.
Barbados is now a peaceful democratic society with no major tyranny. The current Prime Minister, Freundel Stuart, took office after the sudden death of the late Prime Minister David Thompson. Thompson had been laid to rest after his battle was lost of pancreatic cancer in October 23rd, 2010. Freundel Stuart represents Barbados as the DLP (Democratic Labor Party).

Environmental & Government Issues The once beautiful and pristine coastal water in Barbados is in serious danger of pollution overload due to the government’s lack of regulations on the island. The island now faces more polluted waters and hazardous waste from businesses such as Shell, Fibrepol, and factories such as dry cleaners which tend to cause spillage loads of jet fuel to contaminate drinking wells, gallons of acetone emerging from the bottom of fresh water tables, and especially drums full of poison in fields with no fences where children play and wander around merrily. The problem is, Barbados and their Democratic Labor Party (DLP) do not constitute a legit Environmental Act nor do they have a facility that develops policies and regulations regarding Barbados’ safe water & environment act. Barbados social media has been doing a lot of complaining about their current issue on cleaning their waters by telling the people of the island its current state and issue. On top of their environmental issues, Barbados is known as a source and destination for men, women, and children for human sex and labor trafficking. Their government is very poor with complying with the minimum standards for the elimination of human trafficking. Their failure to criminalize all forms of human trafficking is the absence of government procedures and assistance from all superior authorities. Barbados also has minor illicit of drug trafficking from Europe and the US but is carefully monitored by its Caribbean coastal authorities. Economy

Barbados was once solely dependent on the sugar cane industry and is still a significant employer on island. As the years progressed the tourism industry has now become the main source of revenue to the island providing people all over the world its amazing history as well as its fun-in-the sun water activities. Many visitors around the world have considered this place as a getaway from their everyday work lives and some may think of it as a rendezvous for their most romantic honeymoon escape. The Barbadian government has actively pursued on offshore banking and investment, with tax breaks and incentives to help improve the islands attractive scenery by building exotic hotels located near marvelous beaches all around the island. Barbados has chief imports of local beers and spirits named, “Banks Beer, Mt. Gay and Cockspur” available to have every visitor taste the pallet of the island. Fishing and light manufacturing also contributes to Barbados’ local employment and economic stability. The island’s stated goal is to become the world’s smallest, developed nation and to be the number one place to work, live, play and invest. So if you’re planning to relocate and start a business, Barbados would be a double check-off on any list of a businessman willing to invest and live on the island.
SWOT Analysis

The strengths within Barbados and their government & private sectors have focused on creating a competitive advantage in the form of tourism. Their country’s beautiful scenery and friendly people help boost the selling advantages towards its economy. However, there are also many countries other than Barbados who are developed and in competition of this huge and growing industry. Barbados is known to be a competitive small developed country that needs to focus on improving strategies such as developing certain niche markets (identifying the needs, wants and requirements in a developed population) and their service standards. Barbados boasts some of the finest restaurants in the region where their cuisine is not really taken advantage of. The cuisine niche in Barbados may also help increase the economy by marketing their exotic menus at their very best efforts. Their advantage of their beautiful atmosphere must collaborate together with their marketing efforts to sell and promote the island. Barbados is current in progress with regards to niche marketing development. So in the future, many business owners or new business owners may establish new market development that may or may not be a successful endeavor for all. In addition to their strengths as a community, they have a small but significant petroleum industry that produces enough fuel to meet about one-half of their local needs. In all aspects of Barbados strengths as progressing developed island, it also has weaknesses where financial sectors need regulation and supervision to avoid any risks that may hinder its future stability. Their external debt in 1998 had been estimated to be $550 million where they now rely solely on the tourism industry rather than the sugar cane production. Barbados now faces serious competition from other Caribbean destinations since their imports are somewhat the main producers to their islands economy alongside of their tourism industry while offshore manufacturing sectors have been swept away from lower-wage countries such as Mexico and the Dominican Republic. Some visitors also cited that prices within shopping districts have high costs, the taxi situations at the ports, and insufficient facilities all around the island. Barbados is an ideal location for many business owners who would want to take up opportunities of their low-cost of subsidized factory space within ten fully-serviced industrial parks. Each business may also be exempted from import duties, have free consulting services with the Barbados Investment & Development Corporation and acquire literate, skilled, trainable and productive workers with low rates of turnover and absenteeism. The advantage of Barbados’ affordable land rates is that many businesses may offer jobs to the thousands of locals and off-island residents who want to engage themselves in any open establishment of their choice. Barbados tourism economy has shown steady growth over the last 50 years and travel & tourism shows a 4.6% growth per annum between 2002 and 2012. The island continues to be a primary location for business investors who want to invest their money in authentic Caribbean style destinations that provide high levels of outstanding service, enable qualifying business environments and especially offer a range of tax and financial concessions. Besides the economic and financial threats Barbados is less worried about, they have a high susceptibility to natural hazards such as tropical cyclones and droughts. The island unluckily has a very small surface drainage and their potable water comes from natural underground freshwater aquifers which are in danger of a saline intrusion that may emerge in their waters. Barbados has an extremely high population for its size as an island and with these natural forces of nature occurring, this may only lead their community into a downward spiral towards environmental vulnerability. Any business investor always thinks of the longevity of their business when it comes to finding places with less natural disasters that occur so unfortunately the island does have a downfall towards its beautiful landscapes. Barbados is an “island-home-away-from-home” to any islander who seeks endless water sports activities, sun-drenched relaxation, and most importantly hospitality from the local residents. Barbados also offers a lot of opportunities and benefits to those who want to be a part of their community. With outstanding compliments from many visitors, the island does offer something for everyone to enjoy. Despite the vast majority of visitors who come in and enjoy alongside with the local residents, there is no doubt that everyone will be greeted will great hospitability and recognition. So if any visitor and/or business investor that would like to take part in Barbados’ growing developed country, they may do so by filling out a travel form or even an employment application!

References
"Barbados Environment - Current Issues - Geography." Index Mundi - Country Facts. Web. 03 Dec. 2011. <http://www.indexmundi.com/barbados/environment_current_issues.html> .
"Barbados Economy." Barbados Vacation Travel Guide & Business Directory. Web. 03 Dec. 2011. <http://www.accessbarbados.com/barbados_economy.php>.
"Analysis of Economic and Social Development in Barbados: A Model for SIDS." CEPAL - Comisión Económica Para América Latina Y El Caribe. Web. 04 Dec. 2011. <http://www.eclac.org/publicaciones/xml/2/7812/G0652.html>.
"Barbados History." Barbados Vacation Travel Guide & Business Directory. Web. 04 Dec. 2011. <http://www.accessbarbados.com/barbados_history.php>.
Barbados Island Guide at Totally Barbados. Web. 04 Dec. 2011. <http://www.totallybarbados.com/>.
Private Sector Trade Team, Barbados. "Competitive Strategies for the Tourism Sector."Www.tradeteam.bb. 5 Nov. 2011 <http://www.tradeteam.bb/cms/default.asp?V_DOC_ID=1741>.
"Barbados Overview of economy, Information about Overview of economy in Barbados."Encyclopedia of the Nations - Information about countries of the world, United Nations, and World Leaders. 04 Dec. 2011 <http://www.nationsencyclopedia.com/economies/Americas/Barbados-OVERVIEW-OF-ECONOMY.html>.
"Barbados Business - Investment Opportunities." Scuba diving resource for all divers - Worldwide Diving Encyclopedia! 04 Dec. 2011 <http://divefree.net/invest.htm>.
http://czmedia.org/uploads/Barbados_NAR_on_the_Implementation_of_the_BPOA.pdf

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