An overestimated relationship? Violent political unrest and tourism foreign direct investment in the Middle East
Article first published online: 11 NOV 2010
Copyright © 2010 John Wiley & Sons, Ltd.
International Journal of Tourism Research
Volume 12, Issue 6, pages 726–738, November/December 2010
How to Cite
Steiner, C. (2010), An overestimated relationship? Violent political unrest and tourism foreign direct investment in the Middle East. Int. J. Tourism Res., 12: 726–738. doi: 10.1002/jtr.788
- Issue published online: 11 NOV 2010
- Article first published online: 11 NOV 2010
- Manuscript Accepted: 6 APR 2010
- Manuscript Revised: 29 MAR 2010
- Manuscript Received: 20 JUL 2009
- foreign direct investment;
- political risk;
- violent political unrest;
Although the tourism industry is increasingly globalising, empirical research on the accompanying foreign direct investment (FDI) is surprisingly lacking. Furthermore, the nexus of political risk, violent political unrest and tourism FDI has been relatively neglected. Using Egypt as a heuristic case study and adopting a qualitative methodology, this paper explores the question of how political risk and violent political unrest influence tourism FDI. Surprisingly, the results are not able to corroborate a clear relationship between the two. In contrast, these results indicate that the role of stability and security for tourism FDI in developing countries has largely been overestimated in the past. Copyright © 2010 John Wiley & Sons, Ltd.