The impact of crises on hotel rooms' demand in developing economies: The case of terrorist attacks of 9/11 and the global financial crisis of 2008

2019 ◽  
Vol 38 ◽  
pp. 27-38 ◽  
Author(s):  
Marketa Kubickova ◽  
Destan Kirimhan ◽  
Hengyun Li
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Developing Economies ◽  
Terrorist Attacks ◽  
Financial Crisis Of 2008 ◽  
The Global Financial Crisis ◽  
The Impact

Tourism Resilience Patterns in Southern Europe

2020 ◽  
Vol 25 (4) ◽  
pp. 409-424
Author(s):  
Beatriz Benítez-Aurioles
Keyword(s):  
Financial Crisis ◽  
Competitive Advantage ◽  
Global Financial Crisis ◽  
Southern Europe ◽  
Tourism Demand ◽  
Financial Crisis Of 2008 ◽  
Tourism Policy ◽  
The Global Financial Crisis ◽  
The Impact

This article studies the patterns of tourism resilience, understood as the capacity to recover tourism demand, which has characterized Spain, Greece, Italy, and Portugal after the impact of the global financial crisis of 2008 and 2009. A shift-share analysis will allow us to decompose the growth of nonresident tourist arrivals to hotels and similar establishments originating from markets outside these four countries in 2009–2016. The technique used allows us to classify the markets according to the competitive advantage or specialization demonstrated by each country. The results reveal some similarity in resilience patterns in tourism between Portugal and Spain, whereas Italy and Greece maintain their own singularities. In this context, some ideas are suggested for the design of a tourism policy that makes the most of the potential of each country.

Conclusions

2017 ◽  
Author(s):  
Yilmaz Akyüz
Keyword(s):  
Monetary Policy ◽  
Financial Crisis ◽  
Interest Rates ◽  
Global Financial Crisis ◽  
Developing Economies ◽  
Quantitative Easing ◽  
Unconventional Monetary Policy ◽  
Advanced Economies ◽  
The Global Financial Crisis ◽  
Zero Bound

The preceding chapters have examined the deepened integration of emerging and developing economies (EDEs) into the international financial system in the new millennium and their changing vulnerabilities to external financial shocks. They have discussed the role that policies in advanced economies played in this process, including those that culminated in the global financial crisis and the unconventional monetary policy of zero-bound interest rates and quantitative easing adopted in response to the crisis, as well as policies in EDEs themselves....

scholarly journals Income Distribution in Turkey during the Global Financial Crisis

2017 ◽  
Vol 9 (3) ◽  
pp. 91
Author(s):  
Sinem Sefil-Tansever
Keyword(s):  
Financial Crisis ◽  
Income Inequality ◽  
Global Financial Crisis ◽  
Income Source ◽  
Labor Earnings ◽  
Income Sources ◽  
Gini Decomposition ◽  
The Global Financial Crisis ◽  
The Impact ◽  
Earning Inequality

The aim of this study is to examine mechanism responsible for the behavior of the income and earning inequality in Turkey during the global financial crisis based on data from the 2006 to 2014 Income and Living Conditions Survey. Gini decomposition by income source is employed in order to provide an analysis of the contribution of the various income sources to the evolution of income inequality and to assess the impact of a marginal percentage change in the income from a particular source on income inequality. For examining the contributions of specific variables (education, position in occupation, economic sector) to the interpretation of labor earnings inequality in terms of their gross and marginal contribution, we use static decomposition of Theil T index.

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