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Published:June 2000
Origin:22nd International Symposium on Space Technology and Science, Morioka, Japan, June 2000

The paper argues that the changes in the world economy over the past few years require the revision of policies concerning government spending on space activities. In particular, due to the severe economic environment and very high levels of unemployment, economic policy requires the development of new industries. Since a growing number of organisations including NASA have acknowledged that passenger space travel services are feasible and will grow into the largest business activity in space, it is very desirable that 'space policy' be revised to focus government spending on realising this possibility.

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