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Scientific Article analysis using AI

Title The coming-of-age of tourism: embracing new economic models
ID_Doc 37
Authors Sheldon, PJ
Published Journal Of Tourism Futures, 8, 2
Structure Here is the analysis of the article, broken down into sections with two sentences each:

1. Introduction


The article explores the concept of tourism's "coming of age," suggesting that it is time for the industry to mature beyond its current unsustainable and consumptive practices. New Zealand and other destinations are facing a critical moment to redefine their tourism futures, requiring a fundamental shift in values and economic models.

2. Letting go of the old


The article critiques the neoliberal economic system that has driven tourism's growth, highlighting its limitations and negative impacts on society and the environment. By letting go of old patterns of behavior, tourism can move towards a more mature and responsible future, guided by new values and economic models.

3. Embracing new value systems


Mainstream economists have been exploring new value systems and economic models that prioritize social capital, natural capital, and human well-being, which can guide tourism towards a more sustainable and regenerative future. These new models challenge traditional notions of economic growth and highlight the need for a more holistic approach to development.

4. Exploring new economic structures for tourism


The article introduces six new economic structures for tourism, including the collaborative economy, the circular economy, the creative economy, the economy of generosity, the sacred economy, and the regenerative economy. These models value alternative capitals such as social capital, natural capital, and trust capital, and prioritize human well-being and environmental sustainability.

5. Conclusion


The article concludes that tourism's "coming of age" requires a fundamental shift in values and economic models, prioritizing human well-being, environmental sustainability, and social capital. By embracing new value systems and economic models, tourism can move towards a more mature and responsible future, contributing to the well-being of all living beings in New Zealand and beyond.
Summary The article, "The coming-of-age of tourism: embracing new economic models," argues that tourism is at a critical juncture, and a new economic model is needed to address the current crises. The author, Pauline J. Sheldon, suggests that tourism has been based on neoliberal economic models that prioritize self-interest, competition, and consumption. These models have led to over-tourism, pollution, and social inequities. The author proposes six new economic models that value social capital, natural capital, trust capital, compassion capital, innovation capital, and cultural capital. These models include the collaborative economy, circular economy, creative economy, economy of generosity/gift economy, sacred economy, and regenerative economy. Each model offers a different approach to designing tourism that prioritizes the greater good and sustainability. The author argues that these models can help tourism "come of age" and mature into a more responsible and regenerative industry. The article highlights the need for tourism policymakers and leaders to adopt new economic frameworks and values that prioritize human well-being and the environment. The author concludes that New Zealand is at the forefront of this transformation and can serve as a model for other destinations. Ultimately, the article suggests that a new economic model for tourism is necessary to address the current crises and ensure a sustainable future for the industry.
Scientific Methods The article "The coming-of-age of tourism: embracing new economic models" by Pauline J. Sheldon presents a research-based argument for the need for a new economic model for tourism, one that values social, natural, and spiritual capital, and prioritizes the well-being of all living beings.

The research methods used in this article are:

1.
Literature review
: Sheldon reviews existing literature on economic models, social and natural capital, and spiritual values to identify gaps and areas for improvement in current tourism practices.
2.
Analysis of existing economic models
: Sheldon analyzes the assumptions and limitations of existing economic models, such as neoliberal economics and GDP-based economic growth, and critiques their focus on financial capital and short-term gains.
3.
Introduction of new economic frameworks
: Sheldon introduces six new economic frameworks that value social, natural, and spiritual capital, including the circular economy, creative economy, generosity economy, sacred economy, regenerative economy, and doughnut economics.
4.
Case studies
: Sheldon presents case studies of destinations that have successfully implemented these new economic frameworks, such as Bhutan's tourism development based on spiritual values and New Zealand's tourism industry's shift towards sustainability and social responsibility.
5.
Theoretical analysis
: Sheldon analyzes the theoretical underpinnings of these new economic frameworks, including concepts such as social capital, natural capital, and spiritual capital, and explores their implications for tourism development.
6.
Implications for tourism policy and practice
: Sheldon discusses the implications of these new economic frameworks for tourism policy and practice, including the need for tourism policymakers and leaders to adopt a more holistic and values-based approach to tourism development.

Overall, the research methods used in this article are grounded in theoretical analysis, literature review, and case studies, and demonstrate a commitment to critical thinking and interdisciplinary research.
Article contribution The article "The coming-of-age of tourism: embracing new economic models" by Pauline J. Sheldon provides a comprehensive analysis of the current state of tourism and proposes new economic models to promote sustainability and regeneration. The article's contribution to regenerative economics can be summarized as follows:

1.
Challenging the existing economic model
: The article critiques the current neoliberal economic model that has driven tourism growth, highlighting its limitations and negative consequences, such as environmental degradation, social inequality, and overconsumption.
2.
Introduction of new economic paradigms
: Sheldon presents six new economic models that value non-financial capitals, such as social capital, natural capital, trust capital, compassion capital, innovation capital, and cultural capital. These models aim to promote a more mature and responsible tourism industry.
3.
Regenerative tourism
: The article highlights the concept of regenerative tourism, which focuses on healing damaged destination resources, promoting thriving host communities, and aligning tourism with the well-being of all living beings.
4.
Incorporating indigenous knowledge and values
: Sheldon emphasizes the importance of incorporating indigenous knowledge and values in tourism development, particularly in New Zealand, where the Maori culture is deeply rooted.
5.
Fostering a culture of generosity
: The article suggests designing tourism experiences that promote generosity, social connection, and community building, rather than mere consumption.
6.
Encouraging creativity, innovation, and collaboration
: The article advocates for a creative economy that values human creativity, intelligence, and energy, and encourages collaboration among stakeholders.

The article's contributions to regenerative economics can be seen in several ways:

1.
Rethinking the purpose of tourism
: The article challenges the traditional purpose of tourism as a mere economic activity, advocating for a more nuanced understanding of tourism as a force for good and regeneration.
2.
Introducing new economic indicators
: The article proposes alternative economic indicators, such as the Genuine Progress Indicator and Gross National Happiness, to measure the well-being of communities and the environment.
3.
Promoting social and environmental responsibility
: The article emphasizes the importance of social and environmental responsibility in tourism development, highlighting the need for sustainable practices and community engagement.
4.
Fostering a culture of regeneration
: The article suggests designing tourism experiences that promote regeneration, social connection, and community building, rather than mere consumption and exploitation.

Overall, the article provides a compelling vision for a regenerative and sustainable tourism industry, one that prioritizes the well-being of all living beings and aligns with the values of social and environmental responsibility.

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