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Coronavirus and tourism: is there light at the end of the tunnel?

Author

Listed:
  • Marina Y. Sheresheva

    (Lomonosov Moscow State University, Moscow, Russia)

  • Matvey S. Oborin

    (Perm institute (branch) of Plekhanov Russian University of Economics, Perm, Russia)

Abstract

Tourism industry is one of the most striking examples of the COVID-19 pandemic impact on population and economy. In the previous decade the global and Russian tourism industry demonstrated sustainable development, while in 2020, due to the pandemic consequences the situation in the industry turned out to be on the brick of disaster. The most acute problems of business in this area were largely accounted for by significant social consequences of the pandemic. Decreased quality of life caused by the disease and its manifestations, aggravated chronic diseases, increased temporary disability, combined with closure of borders and collapse of international transportation, have developed a complex of factors that completely paralyzed all sectors of the tourism industry for a while. Many of these factors will retain their impact in the long term. However, the pandemic impact cannot be viewed in a negative way only. There comes an understanding that tourism may become one of the engines of economy recovery rather than a burden. This requires systematic actions of the state primarily focused on stimulating domestic tourism, restoring and developing business ecosystems, keeping in balance various interests of the tourism industry stakeholders, from tourists per se and local businesses to regional and federal authorities.

Suggested Citation

  • Marina Y. Sheresheva & Matvey S. Oborin, 2022. "Coronavirus and tourism: is there light at the end of the tunnel?," Population and Economics, ARPHA Platform, vol. 6(4), pages 43-61, December.
  • Handle: RePEc:arh:jpopec:v:6:y:2022:i:4:p:43-61
    DOI: 10.3897/popecon.6.e90708
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    More about this item

    Keywords

    tourism pandemic COVID-19 crisis consumers public policy;

    JEL classification:

    • F - International Economics
    • O - Economic Development, Innovation, Technological Change, and Growth

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