Seychelles - Future trends

Despite the steady economic growth since the 1970s, and the contributions of tourism to revenues, the economic future of the Seychelles is far from certain. As a niche market in the tourism industry, it has to compete with neighboring Mauritius, Madagascar, and Comoros, which offer cheaper tourist services. Decay of the barrier reefs due to global warming might lead to the erosion of many small islands. The country needs to further diversify its economy by reducing its over-dependence on the tourism sector while preserving its standards of living and its political stability.

Also read article about Seychelles from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: