scholarly journals TOURISM AS AN INTENSIFIER OF NATIONAL ECONOMY

2016 ◽  
Vol 1 (7) ◽  
pp. 1-5
Author(s):  
Yelena Popova
Keyword(s):  
Economic Development ◽  
Economic Benefits ◽  
Modern Technology ◽  
Technical Manual ◽  
Tourism Sector ◽  
The World ◽  
Research Problems ◽  
Level Of Economic Development ◽  
Statistical Analysis Method ◽  
Social Economic Development

Grounding of research. Tourism is determined as travel for recreational, leisure or business purposes. The World Tourism Organisation (WTO) defines tourists as people “travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes” (UNWTO Technical Manual, 1995).Nowadays tourism is perceived as a mass phenomenon of the contemporary life, penetrating all spheres of it, capable of changing the economic, social and cultural environment and surrounding world. Today the concept of tourism is much wider than the above presented definition. Practically it is a global aggregate of relations and unity of connections and events following the tourist in his/her travel. Research problems. Tourism acts as a social-economic development of the catalyst, so important for the development of this activity. The article also deals with the use of modern technology, the analysis of economic and social indicators.The aim of researcher analyse the functioning of the tourism as an industry of national economy.Research methods.The article employed theoretical analysis, synthesis and secondary statistical analysis method. The work analyzed the statistics of the development of the tourism sector provided by the World Tourism Organization.Conclusions. Tourism combines economic, social, educational, cultural, aesthetic factors. Tourism is subjected to influence from political and economic situation, it depends on such factors as fashion and advertisement, which determine the demand for tourism via impact on population needs, interests, spirit, forming human habits and priorities. The innovations in the field of tourism have a particularly important role for the economic development of the country. Tourism companies in the market economy are increasingly recognizing the need for developing new products and services capable of generating additional economic benefits. The development and accordingly the return on tourism greatly depend on the level of economic development of the country and on the willingness of government to heavily invest in this industry

scholarly journals Using fuzzy logic for evaluating the level of countries’ (regions’) economic development

2012 ◽  
Vol 59 (3) ◽  
pp. 293-310 ◽  
Author(s):  
Gordan Stojic
Keyword(s):  
Mathematical Model ◽  
Economic Development ◽  
Fuzzy Logic ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Industrial Growth ◽  
The Poor ◽  
The World ◽  
Level Of Economic Development ◽  
Per Capita

There are several divisions of countries and regions in the world. Besides geo-political divisions, there also are economic divisions. The most common economic division is the that on developed countries and the poor ones. These divisions are a consequence of the level of: GDP, GDP per capita, unemployment rate, industrial growth, and so on. The question is how to define a mathematical model based on which the following will be assessed: who is rich and who is poor, or who is economically developed and who is not? How the boundaries of transition from one category to another can be defined? This paper presents a model for evaluating the level of economic development of countries and regions using "fuzzy" logic. The model was tested on a sample of 19 EU member countries and aspirants for membership.

Linking Economic Development to Highway Improvements: Pine Ridge Reservation, South Dakota

2003 ◽  
Vol 1848 (1) ◽  
pp. 106-113 ◽  
Author(s):  
Sakina Khan ◽  
David Levy
Keyword(s):  
Economic Development ◽  
South Dakota ◽  
Rural Areas ◽  
Economic Activity ◽  
Transportation Network ◽  
Economic Benefits ◽  
Transportation Infrastructure ◽  
Pine Ridge ◽  
Tourism Sector ◽  
Transportation Improvements

Much of the literature on the economic benefits associated with investments in transportation infrastructure focuses on locations with at least some measure of private-sector economic activity. The focus here is on the Pine Ridge Indian Reservation in South Dakota, an area with extremely limited private economic activity and a transportation network with limited connectivity and accessibility. The study was one of a series sponsored by FHWA to examine linkages between transportation improvements and economic development in rural areas. The Pine Ridge study established a framework for analyzing these linkages and focused the analysis on tourism, a key sector that both offers great potential for economic development and is dependent on improvements in transportation infrastructure. The analysis estimated the potential benefits of the tourism sector and identified the transportation improvements that would be needed to support this sector. It was found that, assuming implementation of a suite of supportive initiatives, a mature tourism sector at Pine Ridge could attract more than 1 million visitors each year, which would have an estimated total economic impact of $153 million during a 15-year period. By the end of the analysis period, these tourists would generate more than 1 million automobile trips per year, with a peak average daily traffic of 5,200 vehicles. The local enhancements in transportation infrastructure that would be needed to provide adequate levels of service include both upgrading the functional class of key roads and performing adequate maintenance throughout the life cycle of the improved roads. The costs of these transportation investments are estimated at $73.3 million.

scholarly journals To Examine Coping Adaptive Strategies Used by Households and Make Policy Recommendations for Addressing Future Climate Change Impacts on Livelihoods in Kapsokwony Division, Mt. Elgon Sub-County, Bungoma County, Kenya

2018 ◽  
Vol 1 (4) ◽  
pp. 251-269
Author(s):  
Sindani Bon Bonzemo
Keyword(s):  
Climate Change ◽  
Economic Development ◽  
Climate Variability ◽  
Social Economic ◽  
Adaptive Strategies ◽  
Policy Recommendations ◽  
Short Term ◽  
Climate Resilience ◽  
The World ◽  
Social Economic Development

Long and short term changes in climate are disproportionately affecting all parts of the world in equal measure. The most impacted by vagaries of climate change are the most vulnerable and the poor who live in the developing world. Climate change and climate variability impacts the smallholder farmers though they continue to apply traditional technologies in order to cope with climate change vulnerability. In most of the parts the world over, coping strategies are lacking especially in the African States. Trans-disciplinary research approach was used to analyze the perception of community’s’ responses to climate change and climate variability at the household level. The purpose of this study was to build new transformation knowledge by integrating the traditional and the modern adaptive technologies in order to transform lives of the indigenous communities in the study area. This paper therefore explores and highlights the existing and modern technologies which can be employed by farmers to counteract the impacts of climate change and climate variability. Primary data was collected through in-depth and informant interviews together with Focused Group Discussions (FGDs) and a structured questionnaire administered to 384 household heads in twelve sub-locations in the study area (Kapsokwony Division) formed the basis of these policy recommendations. Secondary data constituting rainfall and temperature parameters was collected from Kenya Meteorological Department (KMD). The long and short term integrated adaptive strategies and policy recommendations generated and developed by all the actors including those from the academia and the traditional communities during the research are meant to build climate resilience and adaptive capacity at local and national levels. A framework that has been developed by this research will help support policy decisions in conservation agriculture and livestock rearing systems, water resource management, change in social behavior, accessing early warning information, promotion of organic farming and human health systems. If fully implemented these policy recommendations will go a long way to bring a paradigm shift that will improve livelihoods and social economic development in the region. These recommendations can be replicated in any other region of the world to bring about desired changes to a people impacted by climate change. The research study achieved capacity building, resilience, adaptive learning, change in attitude and behavior, community empowerment, application of transformation knowledge as well as climate change awareness amongst area residents. The new societal knowledge was used to elucidate long term policies and adaptive strategies to enhance climate resilience, help eliminate poverty levels, improve livelihoods and sustain social economic development. The study recommends collaboration among stakeholders and integration of various sources of knowledge in addressing climate change and climate variability among residents in Kapsokwony Sub-county. Further research should be carried out in the future to corroborate these findings.

scholarly journals Peran Politik dalam Pembangunan Ekonomi Indonesia

2020 ◽  
Vol 12 (03) ◽  
pp. 232-248
Author(s):  
Moh. Hudi
Keyword(s):  
Economic Development ◽  
World Trade Organization ◽  
World Trade ◽  
The World ◽  
Asian Nation ◽  
Level Of Economic Development ◽  
Asean Countries ◽  
Asian Pacific

Indonesia is a developing country which is one of the countries that are members of the group of world countries, including the World Trade Organization (WTO), the Asian Pacific Economic Corporation (APEC), Southeast Asia Association of South East Of Asian Nation (ASEAN) and others. Even though until now the Indonesian state in its level of economic development is not very well established. Even among ASEAN countries, Indonesia is still lagging behind other ASEAN countries. This will hamper Indonesia's growth in the medium and long term if the quality of the economy is not immediately improved.

scholarly journals The mechanism of synergetic interaction of policy instruments of central banks with the governments of their countries as an element of increasing the level of economic development in the face of an epidemic threat

2020 ◽  
Vol 8 (5) ◽  
pp. 13-21
Author(s):  
Leonid Taraniuk ◽  
Oksana Zamora ◽  
Oleksii Demikhov
Keyword(s):  
Developing Countries ◽  
Economic Policy ◽  
Economic Development ◽  
Comparative Analysis ◽  
Central Bank ◽  
Policy Instruments ◽  
The State ◽  
Effective Management ◽  
The World ◽  
Level Of Economic Development

Goal. The purpose of the research is to conduct a comparative study of the work of the Central Bank of the world with their governments in the context of forming a mechanism for synergistic interaction of its economic policy instruments to improve the level of economic development. Topicality. The actualization of this study is the need to establish effective formal and informal links between the central bank as a system-forming financial institution that shapes the monetary policy of the state and the government as a governing body that creates a virgin economic policy. There is a need for a systematic comparative analysis of the experience of developed and developing countries in order to form an effective tool for economic policy of the central bank with its government and make effective management decisions aimed at improving the level of economic development. Results. The system of relations between the central bank of developed and developing countries and their governments is described. Factors of positive and negative influence on the formation of economic policy tools of the central bank of the countries and their governments are revealed. Formal and informal links have been analyzed between the world country’s central bank and its government in the process of implementing the central bank’s economic policy. The mechanism of synergetic interaction of the tools of economic policy of the central bank of the countries with their governments is improved, which contains indicative indicators of the interactions of the central bank, ministries, government of the countries for the purpose of making effective management decisions. The necessity of systematic work of all stakeholders (central bank, government, other stakeholders) in the process of forming economic policy, the implementation of which can affect the level of economic development of the state, is substantiated. Conclusions. The comparative analysis with elements of benchmarking estimation is carried out The mechanism of relations of the central bank of the country with its government is improved. The role of this interaction of the country's central bank with its government and other stakeholders was assessed.

scholarly journals THE ECONOMIC IMPACT ON GLOBAL TOURISM

10.26458/1728 ◽  
2017 ◽  
Vol 17 (2) ◽  
pp. 127-139
Author(s):  
Bogdan Sofronov
Keyword(s):  
Economic Development ◽  
Economic Impact ◽  
Economic Activity ◽  
Global Economy ◽  
Gdp Growth ◽  
Mutual Understanding ◽  
Tourism Sector ◽  
The World ◽  
Global Tourism

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.

scholarly journals Problems and Prospects of SMEs Loan Management: A Study on Mercantile Bank Limited, Khulna Branch

1970 ◽  
Vol 5 (2) ◽  
pp. 38-52 ◽  
Author(s):  
SM Akterujjaman
Keyword(s):  
Economic Development ◽  
Industrial Production ◽  
Small And Medium Enterprises ◽  
Modern Technology ◽  
Financial Products ◽  
Doing Business ◽  
The World ◽  
Medium Enterprises ◽  
Formal Procedures ◽  
Sme Financing

SMEs all over the world have been playing a crucial role in promoting economic development as well as industrial production. SME financing has been identified as a major obstacle to SME growth. Unfortunately, the issue seems to be as unresolved as it always has been. Though the majority of the issues are with the SME themselves, the banks also have major issues in designing financial products for the SMEs. This study tries to find out the underlying problems from the bank’s perspective. The major findings are related to the high interest and loan duration rates, reasons for SMEs relatively informal way of doing business in contrast to bank’s formal procedures and prerequisites, bank’s relative inexperience in this field. They are also related to the bank’s lack of perspective, the viability and benefits of cluster unity, approach to informal loan takers and non-usage of modern technology and accounting procedures. The recommendations were provided based on the analysis and findings.Key words: Small and Medium Enterprises (SMEs); Financing; Loan; Technology; Cluster.DOI: http://dx.doi.org/10.3329/jbt.v5i2.9934  Journal of Business and Technology (Dhaka) Vol. 5(2), July-December, 2010 38-52

scholarly journals UNDERSTANDING OF TOURISTS PREFERENCES PATTERN: A STUDY IN MELAKA, MALAYSIA

2014 ◽  
Author(s):  
Syakir Amir ◽  
Mariana Mohamed Osman ◽  
Syahriah Bachok ◽  
Mansor Ibrahim
Keyword(s):  
Economic Benefits ◽  
Survey Method ◽  
Target Market ◽  
Motivating Factors ◽  
Unesco World Heritage ◽  
Factors Influencing ◽  
Tourism Sector ◽  
The World ◽  
The City ◽  
Business Purpose

Tourism sector is one of the world largest and fastest contributors to the economic sector. The recognition as UNESCO World Heritage City in 2008, has led to the city of Melaka to be the most visited city in Malaysia. There has been a great deal of research devoted to identify the tourist preferences in countries, regions, cities, and other areas. Such estimation is essential for producing comprehensive estimates of tourism economic benefits in an area. This paper presents an evaluation of tourist‘s preferences among domestic and international tourists visiting Melaka. 1000 tourists were surveyed using diary records survey method. The result shows the purpose of heritage and conservation is the most important factors that motivate their visit to Melaka, while business purpose is the least motivating factors influencing the choice of destinations. It is also found that young, single and professional tourist is the new target market in Melaka.

scholarly journals UNDERSTANDING OF TOURISTS’ PREFERENCES PATTERN: A STUDY IN MELAKA, MALAYSIA

2014 ◽  
Vol 12 (3) ◽  
Author(s):  
Syakir Amir ◽  
Mariana Mohamed Osman ◽  
Syahriah Bachok ◽  
Mansor Ibrahim
Keyword(s):  
Economic Benefits ◽  
Survey Method ◽  
Target Market ◽  
Motivating Factors ◽  
Unesco World Heritage ◽  
Factors Influencing ◽  
Tourism Sector ◽  
The World ◽  
The City ◽  
Business Purpose

Tourism sector is one of the world largest and fastest contributors to the economic sector. The recognition as UNESCO World Heritage City in 2008, has led to the city of Melaka to be the most visited city in Malaysia. There has been a great deal of research devoted to identify the tourist preferences in countries, regions, cities, and other areas. Such estimation is essential for producing comprehensive estimates of tourism economic benefits in an area. This paper presents an evaluation of tourist‘s preferences among domestic and international tourists visiting Melaka. 1000 tourists were surveyed using diary records survey method. The result shows the purpose of heritage and conservation is the most important factors that motivate their visit to Melaka, while business purpose is the least motivating factors influencing the choice of destinations. It is also found that young, single and professional tourist is the new target market in Melaka.

scholarly journals Dilemmas over the theory and practice of the modern world pseudoconcreteness and scientific thinking

2004 ◽  
Vol 49 (162) ◽  
pp. 127-148
Author(s):  
Radosav Anicic
Keyword(s):  
Economic Development ◽  
Social Economic ◽  
Theory And Practice ◽  
Modern World ◽  
World Population ◽  
Attitudes And Beliefs ◽  
Human History ◽  
Contemporary Science ◽  
The World ◽  
Social Economic Development

The reality of the modern world has become characteristic in many aspects even historically, due to a large number of almost insoluble contradictions of social-economic development most often accompanied by seriously warning retrograde processes, existential problems of a large part of the world population and other phenomena that are difficult to solve by using knowledge of contemporary science. Starting from this, as well as from a well known premise of the philosophy of science dating from the Plato age that "a thought arises from the opposite", it is possible to conclude that there have been few periods in recent human history so inspiring and at the same time so aggravating for the science as the period in which we are living. This paper deals with the following question: is the contemporary scientific thought and to what extent, capable of facing this challenge especially bearing in mind that it has been argued that, due to a general crisis of practice, science itself, as its reflective form, is also facing a crisis. The paper aims at critical reviewing of those attitudes and beliefs in which the essence of science and its interdependency upon the reality it studies are incomplete or inadequate.

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