Articles & Reports

The Tourism Satellite Account- Positioning Tourism for Success in St.Lucia
By: McHale Andrew  
Tourism Satellite Accounting (TSA) is a much misunderstood concept that has oftentimes been confused with a full economic impact assessment of the tourism sector. The tourism sector is comprised of a series of tourism industries or activities (e.g. accommodation, attractions, construction, entertainment, transportation, retail [...]

The Future of Tourism in St. Lucia
By: McHale Andrew
Tourism is no more than the expansion of a country or locality’s market size through the presence of visitors who do not normally reside in that location. That presence therefore offers prospects for any local business or individual who produces a competitive good or service to benefit [...]

The Proposed Vale Added Tax – a View from the Touris Sector
By: McHale Andrew 
Empirical evidence suggests that the value-added tax (VAT) could be a most efficient means of raising Government revenue from legitimate economic activity. However, although the VAT has been hailed as a rather resourceful tax and an efficient revenue generation mechanism, its success [...]