Economics

In the News

Tourism may bleed the people of the Atacama desert dry

Geoff Riley

2nd September 2016

This Guardian piece on the natives of the Atacama desert in Chile is a superb case study article to read when assessing some of the private and external costs and benefits of expanding tourism in a region of a country where water is scarce and local customs and human capital developed to manage common pool resources are threatened by the dash to scale up tourist infrastructure.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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