IDEAS home Printed from https://ideas.repec.org/a/srb/journl/y2012i1-2p117-126.html
   My bibliography  Save this article

Tourism And New Economic Challenges In Agrarian Economy

Author

Listed:
  • Goran Petković

    (University of Belgrade, Faculty of Economics)

  • Renata Pindžo

    (Singidunum University)

Abstract

Tourism has evolved into a global phenomenon – one of the most important economic sectors and social activities of our time. Today, it contributes directly to 5% of the world’s GDP, one in 12 jobs globally and is a major export sector for many countries, both in the developing and developed world. The next 20 years will be of continued growth for the sector. They can also be years of leadership: tourism leading economic growth, investment processes, social progress and environmental sustainability.To make this possible we need to make tourism a priority in national policy decisions, foster competitive and responsible business models and practices and increase cooperation between the public and private sectors. The future brings enormous opportunities for tourism to take centre stage in the political and economic agenda, seeking recognition for its contribution to economic growth and development. It also brings added challenges and responsibilities for tourism sector to take the lead in mitigating its potential negative impacts on host communities and the environment.

Suggested Citation

  • Goran Petković & Renata Pindžo, 2012. "Tourism And New Economic Challenges In Agrarian Economy," Serbian Association of Economists Journal, SAE - Serbian Association of Economists, issue 1-2, pages 117-126, February.
  • Handle: RePEc:srb:journl:y:2012:i:1-2:p:117-126
    as

    Download full text from publisher

    File URL: http://www.ses.org.rs/ekonomika-preduzeca/2012-1-2-10.pdf
    Download Restriction: no

    More about this item

    Keywords

    tourism; GDP; growth; trade balance; investments; awareness;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:srb:journl:y:2012:i:1-2:p:117-126. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Milos Stamatovic) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/yueaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.