The role of fiscal policy in the improvement of the investment climate of the tourism sector  in selected countries

An Introduction message

By :
Mohammed Khairy Dawood Alsulaikhy

A theses Submitted to the Council of the College of Administration and Economics – University of Karbala as a part of the requirements to get the degree of Master in Economic Sciences

supervised by:
Dr.Amer Omran AL- Mamouri

Most of Developing countries have a lot of tourism requirements but they lack a way to invest this sector. They can attract the investment in the tourism sector by using government spending policies and tax incentives that is offered by the government as well as the operation of spending on infrastructures and the spending on the electricity, education, public transportation and security sectors in addition to the functional expenses that provide an attractive climate for local and foreign investment.

Both of Turkey and Egypt have developed the tourism sector to increase the contribution percentage in GDP, through the best use of the resources that is available in these countries, in addition to public expenditure policies and taxes which represented by increasing of the countries expenditure on the infrastructures and appropriate institutional changes, which they can led to increase the volume of the tourism investment.

The study refers to the reality of fiscal policy and the tourism investment in Iraq and what is the tourism possibility who is owned “that is represented by the various types of the tourism sites and how invest them in the proper way”. The Iraqi fiscal policy depends totally on the public spending side because there is no taxes effects in achieving goals that the government is seeking, as a result of backwardness and weakness in the Iraqi taxes system; which is characterized by pluralism and not modernity, and the tourism investment is based on what is available from infrastructure and security, which is depending heavily on public spending.