Commerce Restrictions in the Tourist Sector in Developing Countries
AbstractThe transition of national economies towards macroeconomic structures, in which services dominate, constitutes one of the most important structural mutations in global economy. Global economy has begun several decades ago, but has accentuated in the last two. We encounter this process in every country but mostly in well developed ones. Services constitute the infrastructure of a national economy, whether it is well developed or in course of development. This sector is indispensable to the well functioning of an economy. On one hand, tourism represents today one of the most expansive industries in European economy because of the national and international character of tourist activities, and on the other hand because it represents the subject of many economic politics of EU. As a general tendency, it records a dynamic with a rhythm superior to the global economic growth, even in case of international, political and economic events that may affect in a negative way tourist activities. This proves a slight independence of tourism when it comes to economic and social events. Despite the absence of legal basis, the economic importance of tourism has determined the European institutions to focus upon this sector. Despite all these, Romania and other developing countries, in comparison to those well developed, often find themselves in disadvantage because of the problems they have with the systems of global distribution but mainly because of lack of technology.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.
Volume (Year): 3 (2008)
Issue (Month): 36 (May)
services; CRS; GDS; international standards; touroperators;
Find related papers by JEL classification:
- F00 - International Economics - - General - - - General
- F01 - International Economics - - General - - - Global Outlook
- L00 - Industrial Organization - - General - - - General
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
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