THE ECONOMIC IMPACT ON GLOBAL TOURISM
Journal Title: Analele Universităţii Spiru Haret, Seria Economie - Year 2017, Vol 17, Issue 2
Abstract
Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.
Authors and Affiliations
Bogdan Sofronov
Keywords
Related Articles
- EP ID EP504733
- DOI 10.26458/1728
- Views 51
- Downloads 0
EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA: AN EMPIRICAL INVESTIGATION
The study investigated effect of monetary policy on economic growth in Nigeria. The natural log of the GDP was used as the dependent variables against the explanatory monetary policy variables: monetary policy rate, mone...
ECONOMIC EFFICIENCY AND THE ROLE OF THE STATE IN MARKET ECONOMY
Economic efficiency emerges after comparing the effects of some action with the efforts needed to produce it and has general applicability in decision-making in any country. It can be said that economic efficiency is clo...
ERRORS AND FRAUD IN ACCOUNTING. THE ROLE OF EXTERNAL AUDIT IN FIGHTING CORRUPTION
Accounting errors and fraud are common in most businesses, but there is a difference between fraud and misinterpretation of communication or accounting regulations. The role of management in preventing fraud becomes impo...
CLIMATE CHANGE AND ITS INTERACTION WITH NATURAL, ECONOMIC AND SOCIAL PROCESSES
Human-made GHGs work against us when they trap too much sunlight and block outward radiation. Scientists worry that the accumulation of these gases in the atmosphere has changed and will continue to change the climate. P...
IMPACT OF SUSTAINABLE TOURISM IN THE TRAVEL INDUSTRY
Sustainable tourism is the concept of visiting a place as a tourist and trying to make only a positive impact on the environment, society and economy. A key aspect is respect for the people who call the location home, th...