World tourism day

At the beginning of 2022, there were twice as many
foreign visitors as there were in 2021. In some places, arrivals have even
surpassed pre-pandemic levels. Many millions of individuals around the world
will experience hope and opportunity when the last remaining travel
restrictions are lifted along with increasing consumer confidence.

The celebration of World Tourism Day comes at a time
when tourism is being acknowledged as a vital pillar of development and when
advancement is already well advanced. The United Nations General Assembly had a
special debate on tourism for the first time in May 2022, demonstrating the
industry’s historical importance. Governments and international organizations in every worldwide region are now focusing on tourism.

The UNWTO-led Glasgow Declaration on Climate Action in
Tourism has seen a surge of signatories, which demonstrates how destinations and
businesses are proactive in adjusting to meet challenges and responsibilities.

The International Observance Day for Tourism will place
people at the forefront of important topics. Where is travel headed? Where are
we headed? How do we get there, too?

This will be reflected in the topic, “Rethinking
Tourism.” It intends to stimulate discussion on how to rethink tourism for
development, particularly through employment and education, as well as the
industry’s impact on the environment and potential for more sustainable growth.

WHY
WE LOVE WORLD TOURISM DAY

1)
It creates jobs

Tourism has
become a solid source of employment, even in the most distant parts of the
world. 7.6 million employment were supported by the travel, tourism, and
hospitality industries in just the United States in 2015. Therefore, one in
every eighteen Americans works in the tourism sector. When properly handled,
tourism has the potential to increase employment in areas where it has
increased due to inevitable factors like automation.

2)
Its a money maker

International
tourists brought approximately $1.5 trillion in export revenue in 2015. For
smaller, less developed towns, this can be incredibly advantageous. The key to
ensuring that these revenues are shared among the community is the creation of
a sustainable tourism ecosystem. These regions are benefiting from the
implementation of clever tourist initiatives as a result of the WTO’s work.

3)It
creates a better world

Sure, you might
sigh a little when you see yet another lost traveler in your neighborhood,
but the truth is that seeing new areas and traveling is healthy for our minds
and for society as a whole. So, get to work on your next vacation!

Global
tourism industry

Today, one of the
economic sectors with the highest growth is the tourist sector. The tourism
sector has grown and expanded significantly in recent years. The arrival of
foreign tourists has dramatically increased over the last few decades. From 25
million in 1950 to 1.3 billion in 2019, it has increased significantly.
Additionally, the earnings have grown from $2 billion in 1950 to $1,260
trillion in 2015. One in ten jobs worldwide is provided by the tourism sector,
which is estimated to be worth 10% of the global GDP. Up until 2030, the UNWTO
anticipates a 3% yearly growth in the tourism sector.

Tourism
in India

The industry’s
projected value in India in 2018 was $240 billion, or 9.2% of the country’s
GDP. In India, the sector employs an estimated 42.6 million people.

According to
figures from the tourism ministry, 10.04 million foreign tourists visited India
in 2017.

International Day of Peace

Every year on September 21, the world celebrates the International Day of
Peace. The United Nations General Assembly designated this day as a day to
promote the values of peace by observing 24 hours of non-violence and
ceasefire.

But true peace requires much more than laying down arms. It requires
creating societies in which all members believe they can thrive. It means
building a world where everyone is treated equally, regardless of race.

As Secretary-General António Guterres has said:

“Racism continues to poison
institutions, social structures, and everyday life in every society. It
continues to be a driver of persistent inequality. And it continues to deny
people their fundamental human rights. It destabilizes societies, undermines
democracies, erodes the legitimacy of governments, and… the linkages between
racism and gender inequality are unmistakable.”

As wars
break out around the world, forcing people to flee, we have seen racial
prejudice at the borders. We’ve seen certain racial groups hit much harder than
others as COVID-19 continues to attack our neighborhoods. As economies weaken,
expressions of hatred and violence against racial minorities increase.

We are all responsible for promoting peace. And fighting racism is a vital
way to help.

We can try to destroy the structures that perpetuate racism among us. We
can help equality and human rights movements around the world. We have the
ability to speak out against hate speech both offline and online. Anti-racism
can be promoted through education and corrective justice.

The theme of the International Day of Peace for 2022 is “End Racism. Build
Peace”. We should all join the efforts of the United Nations to create a world
without racism and racial discrimination. A world where compassion and empathy
triumph over mistrust and hatred. A world we can be truly proud of.

History of the International Day of Peace

The United Nations General Assembly established the International Day of
Peace in 1981. In 2001, the General Assembly unanimously decided to declare the
day a period of non-violence and truce.

Events of 2022

On September 16, 2022, the United Nations headquarters observed the
International Day of Peace. The event began at 9:00 a.m. EDT with the
traditional Peace Bell ceremony in the Peace Garden. The Secretary General and
the President of the General Assembly rang the Peace Bell during the event.
Then, at 9:30 a.m. EDT, a youth meeting was held in the Economic and Social
Council (ECOSOC) Chamber, where more than 500 students met with the
Secretary-General and prominent artists and activists. Young people presented
initiatives that demonstrated their efforts to prevent racism and thereby
promote peace.

Major types of economic system in the world.

An economic system is a network that forms the economic relationships between individuals in society. In other words, how the people of a nation come together to create a complex whole and conduct economic transactions with each other.

An initial surge in demand can create a multiplying effect that ripples throughout the economy. This surge in demand sends a signal to the whole supply chain that more of these products are required, so more are made. An economic system can change the way by which these supply and demand signals transfer through society. For instance, some economic systems may be more restrictive and place tariffs or quotas on imports. In turn, this can affect the signal between, buyer, seller, and supplier.

These are broad types of economic systems but will capture the different varieties that exist in the world today.

Traditional Economic System

Out of the four types of economic systems, the traditional economic system is the most basic. There is no involvement by the government, so people are largely left to conduct economic activities without influence. However, it is a very basic system that relies on basic customs and traditions. Under a traditional economic system, subsistence is the main driver for economic trades, whilst profit is not the main motive. Instead, this system relies on communities and the cohesion between them to provide and sustain each other.

Socialism – Command economic system

A command economic system is often referred to as a socialist or communist system. Under this structure, power is centralised either to the government or a sole ruler. In turn, they decide the rules of the game and command how economic interactions take place. Under a command economic system, central powers own the means of production, so can, therefore, shift it to where they see fit. For instance, if the nation’s central powers want to start making more steel, they may move workers from a construction site and transfer them to a steel factory.

Capitalism – Market economic system

A capitalist economic system is where the means of production is owned and controlled by private enterprise rather than the government. Instead of government dictating what goods and services should be produced, these are driven by supply and demand mechanisms. The capitalist economic system relies on private individuals using capital to produce goods and return a profit. In turn, this increases the private enterprise’s capital stock. The issue with this however is that many individuals can amass great economic power and wealth. Not only does this create social discontent, but can also lead to unscrupulous business practices.

Mixed Economy

A mixed economy is one of the most common forms of economic systems in the world today. We see it in many developed nations such as the US, Japan, and throughout most of Europe. It is simply a mixture of capitalist and command economic systems. A mixed economic system often has some level of private ownership of the means of production. However, in a mixed economy, some industries are controlled by the government, whilst others are privately owned.