Countries often look to develop their tourism sectors in the hope that it will also boost the wider economy. But do the benefits necessarily pass on to other business sectors and the community at large?

Accor president Yann Caillère explains why traditional strategies are not viable in the hotel business. For a sector vulnerable to recession, survival depends on adapting and growing

As spending cuts are made by local governments throughout the Western world, art funding is often one of the first casualties. However, some areas are looking to the arts as a way of attracting investment and regenerating inner cities, such as Carmel in Indiana, which has recently opened a controversial $126m palladium at its Center for the Performing Arts

Despite its wealth of natural resources and investment potential, South Africa is suffering a severe shortage of human capital, particularly in engineering and electronics-based sectors. Karen E Thuermerreports on what is being done to address this problem

The deal that ended with the building of a $1bn assembly plant for South Korean car manufacturer Kia in a rural US state has had wide-reaching implications, both economic and cultural. And although there has been a price to pay on both sides, it appears to be outweighed by the benefits

São Paulo mayor Gilberto Kassab tells Spencer Andersonthat real-estate investors continue to be drawn to the Brazilian city because it offers good value, despite criticisms over its burdensome regulation and a possible overheating of property prices