Where the surf's up, the economy is too
Sydney
THE discovery of a new surf spot allows a lucky board rider to commune with nature unfettered. Yet the inevitable influx of surfing hordes can also spur a burst of economic growth, according to new research.
A survey of more than 5,000 breaks in 146 countries suggests the discovery of high-quality surf can drive up economic growth by 2.2 percentage points a year in the surrounding area, according to a study co-authored by Sam Wills, an economist and lecturer at the University of Sydney. He says policymakers could use surf breaks as a way to create jobs and reduce poverty, especially in developing countries.
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