Space Future - Papers & Publications

Welcome to Space Future. This site is for everyone who wants to go to space.

Learn about Space Tourism, see some of the proposed Space Vehicles, find out about the legal, medical, and environmental aspects of our Space Habitat, or discover the potential of Space Power.

Visit the Archive of papers and publications or browse the Space Future Journal for current news and features.

About Space Future

More Links

Papers & Publications : Tourism : Economics

Published:	November 29, 2006
Author:	Patrick Collins
Origin:	Presented at the BIS "European Development in Space Tourism" Symposium, November 29, 2006
Editor:
Abstract:	The European aerospace industry has been very slow to consider the commercial opportunities in supplying passenger space travel services. This has been a costly mistake not just of space policy, but also of economic policy and environmental policy. This is because it is very unlikely that space tourism will remain just a small-scale activity of the very rich; it is much more likely to grow into a major new industry, employing millions of people in high quality employment - eventually much of it outside the Earth's eco-system. This is particularly important because, although the European "social-economic model" has greater popular support than the "USA model" (including among the general USA population), Europe today faces the major problem of high unemployment, which is imposing heavy social and economic costs. If Europe makes serious efforts soon to encourage the growth of passenger space travel, and of the many other economically and environmentally valuable space activities to which this will lead, then commercial space activities could become a major new axis of economic growth and employment-creation for Europe. Moreover, Europe has several advantages over the USA, Russia, Japan, China and India, and so could play a leading role in this field, if policy errors are corrected. The paper discusses the above possibilities, and the potential economic, environmental and other benefits for Europe in investing boldly in this fledgling industry.
References:	Potential Economic Implications of the Development of Space Tourism The Economic Benefits of Space Tourism Your Spaceflight Manual: How you could be a tourist in space within 20 years Status Report on Space Tour Vehicle Kankoh-Maru of Japanese Rocket Society General Public Space Travel and Tourism - Volume 1 Executive Summary Spaceflight Revolution Economically Viable Public Space Travel Public Space Markets - What We Know and What We Don't Know A Common Cost Target of Space Transportation for Space Tourism and Space Energy Development Space Tourism: Recent Progress and Future Prospects The Economic Impact of Commercial Space Transportation on the U.S. Economy: 2002 Results and Outlook for 2010 Industry, ESA Air Grievances During Space Days Meeting Beta, A Single Stage Reusable Ballistic Space Shuttle Concept Suborbital Reusable Launch Vehicles and Applicable Markets Resource Wars: The New Landscape of Global Conflict Why Implementing the Space Option Is Necessary for Society Acta Astronautica Space News Advances in the Astronautical Sciences
Referred to by:	What the Growth of a Space Tourism Industry Could Contribute to Employment, Economic Growth, Environmental Protection, Education, Culture and World Peace

Related Entries:	SpaceShipOne Space Transportation Association Japanese Rocket Society Dennis Tito David Ashford Futron Ansari X Prize VTOL Associate Administrator for Commercial Space Transportation Space Travel and Tourism Division Space Tourism Society Armadillo Aerospace Virgin Galactic Airways Blue Origin Rocketplane Kistler Federal Aviation Administration International Symposium on Space Tourism British Interplanetary Society Bristol Spaceplanes Starchaser Industries Department of Commerce RLV Journal of the British Interplanetary Society HTOL
Keywords:	Tourism:Economics

Please send comments, critiques and queries to feedback@spacefuture.com.

All material copyright Space Future Consulting except as noted.