Use this URL to cite or link to this record in EThOS: https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.768813
Title: Success and failure influencing the implemention of foreign direct investment policy in Jordan's tourism sector
Author: Ereem, Maareb N. A.
ISNI:       0000 0004 7655 5635
Awarding Body: Glasgow Caledonian University
Current Institution: Glasgow Caledonian University
Date of Award: 2018
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Abstract:
This study was designed to investigate the success and failure factors influencing the implementation of foreign direct investment (FDI) policy in Jordan's tourism sector. The objectives of the study were to review the literature relating to: (1) FDI inflows to developing countries tourism sector. (2) Success and failure factors influencing implementation of FDI policy in developing countries tourism sector. (3) Development and implementation of FDI policy in Jordan's tourism sector. (4) Investigate from the insight of policy makers, the success and failure factors influencing the implementation of tourism FDI policy in Jordan. (5) Suggest recommendations for government policy makers and practitioners for effective policy implementation. The research reviewed literature relating to FDI inflows to tourism sector, success and failure factors influencing implementation of FDI policy in developing countries tourism sector and development and implementation of FDI policy in Jordan's tourism sector. Reviewed literature recognised that, while various studies had undertaken in the area of tourism policy implementation, no study explored the success and failure factors influencing FDI policy in Jordan's tourism sector. The study made use of secondary and primary data. Secondary data collected from official documents. The case study, conducted at various tourism and FDI organisations in Jordan, using cross sectional, exploratory methods. Qualitative methods of data collection used and non-probability sampling design through which participants were identified and organisations snowball sampling. The participants sampled due to their roles in FDI policy implementation in the tourism sector. Semi-structured interviews used to collect qualitative data, which thematically analysed. The study found factors (called success factors) and other factors (called failure factors) influencing the implementation of FDI policy in Jordan's tourism sector. The success factors include: Availability of local capital, Infrastructure development, new actors, stability, stakeholder cooperation, support and partnership. Failure factors encompass: Centralisation, corruption, lack of local capital resources, new strategy, political instability, short-term strategies and vagueness of FDI policy in tetourism sector. This thesis contributes to theory through: combining FDI, tourism and policy, analysing FDI policy process and policy characteristics in Jordan's tourism sector and combining success and failure factors influencing FDI policy implementation in Jordan's tourism sector. This study contributes to policy through investigating the success and failure factors influencing implementation of FDI policy in Jordan's tourism sector. The study contributes to practice through conducting interviews with the public sector, local private sector, foreign private sector and former experts, for the first time, to obtain their insights on the success and failure factors influencing the implementation of FDI in Jordan's tourism sector and hence to recommend for effective policy implementation. This study made recommendations to government policy makers on how Jordan can achieve effective implementation through increasing capital resources, decentralising FDI Policy in tourism and pay attention on FDI policy formulation. For practitioners, the study recommended that hotel managers and foreign investors entering the market should effectively cooperate with local investors to mitigate risks and consider factors: available infrastructure, political stability to ensure the security of their investments and availability of skilled labour. This study also recommended that future research (i) could carry out in the Dead Sea, Madaba and in 4 and 3 star hotels. (ii) Investigate the relationships between the success factors found that influencing the implementation of FDI policy tourism at the local level, and to confirm whether they can apply to other tourist sites. (iii) Determine the importance given to each of the success and failure factors influencing FDI policy implementation in the tourism sector. (iv) Extend interviews to include academics at governmental and private universities.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.768813  DOI: Not available
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