Analyse an existing food and wine festival in Australia. 2750 Words Essay

Analyse an existing food and wine festival in Australia. 2750 Words - Essay Example â€Å"The festival celebrated its 60th Anniversary in 2007. With the theme Celebrate the Blend the festival showcases the rich diversity of the Barossa region and celebrates the food, the wine and the people. Today, the Barossa is South Australias leading wine tourism asset along with the Barossa Vintage Fest.† (Barossa valley events 2000). Variety of wine products is available in the festival, some of them rare. The ‘Rare and Distinguished wine auction is a peculiar event in the festival. We can meet the manufacturers of the wine through the â€Å"legends behind the barrel† program. Many types of family programs and entertainment activities are arranged in the event. The event commencing from Easter Saturday lasts over nine days. All of the Barossa community take part in the event. More than 100 stage events are presented by many groups of the community. Along with food and wine, arts, crafts, music an historical events are also staged. The vintage festival encompasses all the aspects of the Barossa community such as businesses, civic groups, churches and individuals. They all participate by engaging in different activities and this is the major factor for success of the event. (Barossa vintage festival n.d.). In this report the potential tourism development opportunities related to the Barossa Vintage Festival are discussed. The report first discusses the potential opportunities of the destination as a food and wine and event tourism location in connection with the festival. Vision, Planning, SWOT analysis, marketing and sponsorship, legal and risk management and evaluation relating to the event are analyzed in order to find out its current marketing position for providing appropriate recommendations for improvement. Tourism is an important sector of the economy of Australia. There are many special events conducted in the country as part of their tourism development activities.

Economic Policy Recommendarion Research Paper Example | Topics and Well Written Essays - 1750 words

Economic Policy Recommendarion - Research Paper Example Relative poverty on the other hand, refers to the economic inequality that is experienced in a particular society. In the early times, poverty was a common social problem not only for the developing countries but also for the currently developed nations. The increased poverty level was not only due to insufficient and inadequate methods but also it was largely caused by the low demand of the products thus causing low production in the factories. Absolute and relative poverty are measured in different ways. According to the World Bank, $1.25 per day is the threshold for measuring absolute poverty. However, the threshold has been controversial based on the various thresholds used by some countries. For example, in 2010, the US maintained its threshold at $15.15 per day while China placed its threshold for absolute poverty at $ 0.55 per day (Banerjee and Esther, 2011). During the same year, India maintained that its threshold was standing at US$ 1.0 per day. On its part, relative povert y is depicted by the level of income inequality. It is measured by the percentage of individuals with income that is less than the median income. This paper seeks to discuss the impact of poverty and give policy recommendation on how this social problem can be solved using an economic policy. Impacts of poverty to society Poverty affects a society in different ways. One of the key effects is hunger. Due to lack of adequate funds to purchase food produce as well as lack of sufficient factors of production that includes land, labor, entrepreneurship and capital as a result of poverty, members of the society experience reduced food. The problem of hunger especially in some African countries results to illnesses that are caused by lack of vital nutrients for body growth. Another impact of poverty is unemployment. Despite the increase in population, poor countries have not adequate financial resources to initiate investment that acts as major sources of employment. As a result, high perc entage of the members of the society remains jobless thus leading to low households income and low purchasing power (Babb, 2009). Similarly, due to low income that the poor families are get either monthly or annually, they do not see the need for education. They in most cases use their low income to purchase cheap food products. As a result of lack of adequate education, and vital skills, the poor members of the society are not eligible to be employed thus raising the level of unemployment in a country. Poverty causes discrimination within a society. For example, due to their strong financial position, high income earners segregates their poor counterparts both in schools, hospitals and even in making decisions that affects the entire society. On their part, the poor individuals experiences low self esteem and inferior aspects that deteriorates their condition (Kerbo, 2006). Based on the increased cases of illnesses among the poor countries, the governments incur high costs in the f orm of low productivity and high financial expenditure on health care. Ultimately, such governments have to seek for grants from other countries or by increasing domestic taxes thus exerting more pressure on their economy. An economic policy solution to the poverty problem Based on the negative implications of poverty to the society and to a country as a whole, it is fundamental for