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Sustainable Development in Tourism – Factor of Economic Growth

Author

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  • Oana Chindris-Vasioiu

    ()

  • Madalina Tocan

    ()

Abstract

In this paper I have tried an analysis of effective economic and social situation of tourism taking into account both the contribution tourist services to GDP and evolution of employment in the tourism sector. We also give particular importance to objectives of tourism activity. The position and the contribution that tourism, as a branch of tertiary sector, one can have all the gross national product of a country, its beneficial effects on social, cultural, and the environment, require integration to one of the priorities on which any government when considering overall strategy of economic development. Due to the evolution of its worldwide, tourism has become for many countries an important factor for economic and social development. The magnitude and complexity of links between tourism and the other branches of the national economy governments impose their harmonization with an opportunity of drawing up economic and social general development strategy.

Suggested Citation

  • Oana Chindris-Vasioiu & Madalina Tocan, 2015. "Sustainable Development in Tourism – Factor of Economic Growth," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(2), pages 160-164, June.
  • Handle: RePEc:khe:journl:v:7:y:2015:i:2:p:160-164
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    References listed on IDEAS

    as
    1. Forni, Lorenzo & Monteforte, Libero & Sessa, Luca, 2009. "The general equilibrium effects of fiscal policy: Estimates for the Euro area," Journal of Public Economics, Elsevier, pages 559-585.
    2. Marcellino, Massimiliano, 2006. "Some stylized facts on non-systematic fiscal policy in the Euro area," Journal of Macroeconomics, Elsevier, pages 461-479.
    3. Ratto, Marco & Roeger, Werner & Veld, Jan in 't, 2009. "QUEST III: An estimated open-economy DSGE model of the euro area with fiscal and monetary policy," Economic Modelling, Elsevier, vol. 26(1), pages 222-233, January.
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