Publications

Title: Economic Diversification as a Necessity for Growth: Agrotourism in Focus
Author(s): Ahmed Yusuf M. J.
Year 2023
Publisher: EURASIAN EXPERIMENT JOURNAL OF HUMANITIES AND SOCIAL SCIENCES
URI: https://publications.kiu.ac.ug/publication-page.php?i=economic-diversification-as-a-necessity-for-growth-agrotourism-in-focus
File: PDF
Keywords:

Economic diversification is an essential requirement for achieving sustained growth in developing countries that
heavily rely on the production, use, and export of a single type of product over an extended period. This process
involves actively and intentionally engaging in a wide array of economic activities, which are vital for a nation's
growth and development. Economic diversification not only addresses economic downturns but also mitigates
unemployment, reduces poverty, and enhances overall economic growth. Consequently, this paper explores the
potential of Agrotourism as a means of achieving economic diversification. Agrotourism caters to the preferences of
individuals seeking to experience nature at an attractive cost. From an economic perspective, revenue generated
from accommodations, dining, and recreational activities has direct, indirect, and induced effects, revitalizing the
local economy. Moreover, it supports the preservation of agricultural systems and landscapes by fostering a
harmonious relationship between human activities and natural resources. However, it's important to note that, like
any form of tourism based on natural resources, preserving and conserving those resources must be a priority.
Keywords: Economic diversification, Growth, Agrotourism, Agriculture, Development.