Download e-book for iPad: Medical Tourism in Developing Countries by Milica Z. Bookman, Karla R. Bookman (auth.)

By Milica Z. Bookman, Karla R. Bookman (auth.)

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Does this mean that developing countries should open up to trade by importing health care and exporting something else? The Heckscher Ohlin theory says that a country’s endowments (such as natural resources, land, capital, and labor) rather than the relative efficiencies of production, determine its comparative advantage. So countries with abundant capital should produce and export those goods that use a lot of capital, and those with abundant labor should produce and export goods that use a lot of labor.

Numerous scholars as well as LDC leaders believe the tourist industry’s dependency on the West is dangerous. The roots of their sentiments lie in the fact that LDCs supply tourist services purchased mostly by consumers from the MDCs. Thus, economic activity both directly and indirectly generated by tourism depends on foreign demand that is all too often inconsistent and volatile. If tourism plays an important role in a destination country, then its GDP is dependent on foreign demand, and a drop in tourist visits translates into a decrease in national income.

Rather than fostering dependency on more developed countries (and so contributing to a growing gap between rich and poor countries), medical tourism is likely to contribute to increasing the gap within developing countries. CHAPTER 3 Offshore Doctors: The Demand for Medical Tourism M edical tourism is niche tourism, like ecotourism, religious tourism, and adventure tourism. 1 Such tourism does not draw masses but rather it appeals to a select number of people whose demand is big enough to generate sufficient business.

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