1. EUROPEAN EXPERIENCE ONE NSURING THE ECONOMIC SECURITY OF TOURIST DESTINATIONS.
- Author
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Dragomirova Yevgeniya and Sheptura Oleksandr
- Subjects
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ECONOMIC security , *TOURIST attractions , *ECONOMIC development , *ECONOMIC competition , *TOURISM , *POLITICAL risk (Foreign investments) - Abstract
Tourismis deemed as one of the priorities among the spheres of national economic activities in the vastmajority of the European countries, which is confirmed by the declarations of the G20 leaders on themultiple roles performed by the tourism: as a tool of new working places creation, improvement of the quality of work, poverty reduction and global economic growth. The growth in tourism sector projected by the European Commission for year 2013 is to support approximately 226 million working places within the industry. The analysis of the statistical data of the EU member-states and leader-states in tourismproves the assumption on the economic impact of the tourism on the increase of the travel and tourism competitiveness index, as well as the reduction of the country risk. Such countries as Switzerland, Canada, Sweden and Singapore are regarded as leaders in global rankings due to the absence ofCountryRisk (economically safe countries with favorable economic and investment climate). Furthermore, the index of travel and tourism competitiveness (TTCI) is also top-ranked in these states, which proves the inextricable link between the economic security and competitiveness of tourism industry destination. Ukraine's tourism sphere has been ranked quite poorly for the last two years, which confirms the imperfection of implemented policies and economic transformation processes as a whole, and in tourism sphere in particular. The outcome of the analysis is the determination of the economic security components and maintenance of travel and tourism competitiveness, research on which under the presented hierarchical sequence allows implementation of local actions and achievement of global effect - competitive sphere of tourism in economically developed state. [ABSTRACT FROM AUTHOR]
- Published
- 2014