Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW

Death of tourists also a blow to Pakistan’s economy

Sarah Gardner Jun 24, 2013
HTML EMBED:
COPY

Death of tourists also a blow to Pakistan’s economy

Sarah Gardner Jun 24, 2013
HTML EMBED:
COPY

Pakistan has been trying to attract foreigners, especially ambitious climbers hoping to scale some of the countries more difficult mountains. The attack and murder of ten foreign tourists in the country over the weekend now threatens what is still “a pretty feeble economy right now after more than a decade of conflict,” says Elizabeth Becker, author of “Overbooked: The Exploding Business of Travel and Tourism.”

“The tourism economy in Pakistan was on the way up,” says Becker, but adds that this attack can only hurt it.

Becker notes that Pakistan has reacted quickly. She says the country is learning something Somalia learned a few years earlier — tourists can become easy targets in areas still rife with conflict.

“When tourism becomes a $6.4 trillion industry, tourists have a different role in the world than they used to have,” she says.

But the attacks wouldn’t deter her from going to the Himalayas in the near future.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.