Sustainable Tourism Law

GOVERNANCE FOR A SUSTAINABLE DEVELOPMENT IN TOURISM 737 arrangement which goes beyond the study of shape, since it intends to express the mutual dependency of the parts of the whole, that is, the space functionality. Planning should emphasize a management model which creates a structure where the participation of entrepreneur segments makes it possible to reach permanent agreements among private initiatives, the tertiary sector and public power, through instruments conducive to the following: shared management; mutual participation in costs; definition of touristic promotion programmes and products which surpass the traditional ways of doing it; preparation and promotion of products combining their supply with their own profitability; identification of all institutional, social and entrepreneurial agents participating in the sustainable development process of tourism in the region; preparation of integrated tourism planning, with studies regarding the economic and financial feasibility of the required investments; structuring of fund raising for regional investments and financing in national and international markets. One cannot forget that sustainable tourism involves: * understanding tourist impacts; * fair distribution of costs and benefits; * stimulation of new profitable businesses; * injection of capital and money in the local economy; * diversification of the local economy; * transfer of benefits from a wealthier region to a poorer one, allowing a greater interregional balance; * a greater intersectional and interpersonal balance. The intersectional element will gain shape through the transfer of the income generated by tourism to the three sectors of economy, which, in turn, will once again feed the marginal tendency of interpersonal consumption: * the distributive characteristic is clearer since, on the one hand, consumers are the ones with a higher income and, on the other hand, the receiving regions are largely underdeveloped and have an inferior level of income; * improve living conditions of the involved communities; stimulate and improve the growth of other activities; * interact with all segments of society; * incorporate planning and zoning projects; * strategic and logistic development of intermodal transport; * the provision of leisure, recreation and entertainment; * encourage the productive use of shoreland territory;

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