1st Edition

Business, Industry, and Trade in the Tropics

Edited By Jacob Wood, Taha Chaiechi, K Thirumaran Copyright 2022
    306 Pages 22 B/W Illustrations
    by Routledge

    306 Pages 22 B/W Illustrations
    by Routledge

    The tropics is an area of enormous opportunity and potential. The countries situated between the Tropics of Cancer and Capricorn are largely developing in nature. There is huge interest in the types of business investments made in Southeast Asia, Central Africa, and the Amazonian tropical belts. These tropical regions continue to face opportunities and challenges in attracting foreign direct investments as well as the need to complement and/or compete with larger economies external to the tropics.

    This book provides an empirical assessment of the key sociocultural, economic, environmental, and political factors that influence the business dynamics of organizations operating within the tropics. It will address but is not limited to topics such as attracting businesses to the tropics, facilitating smooth, stable conditions for business operations and sustainability, national institutions, and regulations that shape the way business is done, and the increasing deployment of new technologies and entrepreneurial innovations which are defining the global tropics as a distinct business region. It will offer readers a key focus for developing a deeper understanding of the factors and frameworks that influence and shape business activity in the area.

    While the primary audience for the book consists of academics and students from the fields of economics (environmental economics, developmental economics), business, international trade, tourism, and area studies, it will also provide a practical resource for government policy analysts wanting to fully appreciate some of the key economic and business issues facing the region.

    List of Figures

    List of Tables

    List of Contributors

    Chapter 1: Business-financing options’ effects on micro-enterprise performance in the tropics: The case of Kisumu County, Kenya

    Rael A. Onyango, Emiel L. Eijdenberg, Enno Masurel and Nelson Obange

    Chapter 2: Profiling the Tropical Entrepreneur

    Emiel L. Eijdenberg and Taha Chaiechi

    Chapter 3: Does institutional quality matter for the nexus between environmental quality and economic growth? A tropics perspective

    Huiping Zhang, Pengji Wang, and Jacob Wood

    Chapter 4: A bottom of pyramid perspective on quality education in the tropics

    Yenee Kim, Malobi Mukherjee, and Reetika Gupta

    Chapter 5: Achieving the Sustainable Development Goals (SDGs): A tropical region perspective

    Pengji Wang, Huiping Zhang, and Jacob Wood

    Chapter 6: An assessment of trade facilitation impacts on China’s outward foreign direct investment to ASEAN countries

    Jie Wu, Jacob Wood, and Haejin Jang

    Chapter 7: The linkage between international financial integration and income inequality: New evidence on threshold effects

    Sook-Rei Tan and Wai-Mun Chia

    Chapter 8: COVID-19: Its impact on trade and development in the ASEAN region

    Jacob Wood, Haejin Jang, and Benedict Atkinson

    Chapter 9: Trade network and global value chains

    Akhmad Bayhaqi

    Chapter 10: Big data applications in accounting: implications for the tropics

    Vahid Biglari and Zahra Pourabedin

    Chapter 11: Financial literacy among Ethiopian high school teenagers

    Yohannes Workeaferahu Elifneh

    Chapter 12: Exploring the literature for understanding of multisensory experiences in heritage boutique hotels

    Zahra Pourabedin and Josephine Pryce

    Chapter 13: The influence of technology acceptance model aspects on adoption of database marketing technology by tour operators in Tanzania

    Omary Swallehe

    Chapter 14: Analysis of challenges in developing and implementing forest policies in Tanzania

    Omary Swallehe

    Chapter 15: Tourism in the tropics: emerging themes and keyword analysis

    K Thirumaran, Gohar Feroz Khan, and Jacob Wood



    Jacob Wood is an Associate Professor of Business at James Cook University (JCU), Singapore.

    Taha Chaiechi is an Associate Professor of Economics in the College of Business, Law, and Governance at James Cook University (JCU), Cairns, Australia.

    K Thirumaran is the Academic Head for JCUS Business School, James Cook University (JCU), Singapore.