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Halverson's third approach "involves asking how much a private or profit-making owner might pay for the land." But he said that it would be too hard to accurately measure the worth of the universities' real estate when including the positive externalities such as tourism...

Author: By Jonathan Samuels, | Title: In-Lieu-Of-Tax Reviewed | 5/24/1991 | See Source »

Wallace managed to halt the project, and has been battling other acts of "environmental vandalism" ever since. Her fiercest and most ambitious campaign is not quite so close to home: the preservation of Antarctica. She wants it declared a world park, with limited tourism and a ban on industry and mining. Otherwise, she fears, "people will behave like junkies, drilling and digging until there's nothing left." So far, a dozen countries, including Wallace's own, have endorsed a world park, but ecological gluttons, like the U.S. and Britain, have yet to sign...

Author: /time Magazine | Title: Saviors Of the Planet | 4/29/1991 | See Source »

Hungary is well ahead of the East European pack. The government aims to sell about 2,400 enterprises roughly estimated to be worth $37 billion. These include 20 large companies in businesses ranging from pharmaceuticals to tourism. Lajos Csepi, who runs the privatization program, predicts that the state's stake in the economy will come down from 86% early last year to 15% in the next two or three years...

Author: /time Magazine | Title: A Global Fire Sale | 4/22/1991 | See Source »

Nobody wants to stay in Belize City, which every guidebook dismisses as a noisy dump full of intrusive hustlers. Instead, one heads for the outer islands, such as the Turneffe Islands, that are geared up for sporting tourism, mainly scuba diving, snorkeling and line fishing; or a small plane whisks you north to San Pedro on Ambergris Cay, a thin digit of land that protrudes south from the Mexican border. To the east is the barrier reef, which runs parallel to the coast, less than a mile offshore. To the west are mangroves and shallow flats, and then...

Author: /time Magazine | Title: Blissing Out in Balmy Belize | 4/22/1991 | See Source »

Even with the government's support, it will be a tough fight. Las Vegas is the seat of political and economic power in Nevada. Sixty-five percent of the state's 1.3 million people reside in Clark County. Development, gambling and tourism industries, which generate two-thirds of the state's income, want the extra water. "If we develop the water, and spend the money, shouldn't we have the control?" asks Clark County commissioner Paul Christensen...

Author: /time Magazine | Title: Till The Well Runs Dry | 4/15/1991 | See Source »

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