Tourism in the Gambia 25,000 visitors in 1976. The number of tourists has continued to rise sharply throughout the years, and as the government is eager to diversify the economy, it recognised tourism as a potential major foreign exchange source of revenue. However, despite increasing popularity as a tourist destination, infrastructure development has been slow. Banjul, which is the capital city of the Gambia, is a popular area for tourists. The population of the city is only 34,828, with the Greater Banjul Area, which includes the City of Banjul and the Kanifing Municipal Council, having a population of 357,238 (2003 census). It is located
Capital flight assets from a city or region within a country. Post-apartheid South African cities are probably the most visible example of this phenomenon. The flight of capital from central cities to the suburbs that ring them was also common throughout the second half of the twentieth century in the United States. Countries with resource-based economies experience the largest capital flight. A classical view on capital flight is that it is currency speculation that drives significant cross-border movements of private funds, enough to affect financial markets. The presence of capital flight indicates the need for policy reform. In 1995, the International Monetary