Banking for poor as a strategy for local sustainable tourism development

Temelkov, Zoran and Radosavljevik-Bojceva, Marina and Dimitrovski, Darko (2012) Banking for poor as a strategy for local sustainable tourism development. In: Contemporary Issues in Economics, Business and Management - EBM 2012, Kraguevac, Serbia.

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Transitional economies are faced with economically underdeveloped regions that have the capacity for sustainable tourism development, but potential entrepreneurs lack the necessary funds. Banking for poor and pro poor strategies have mutual objective i.e. poverty decrease. Modifying the banking for poor products in accordance to the need of local tourism entrepreneurs would offer the possibility for local development. This development would contribute toward the creation of new employment of local residents. More over, it would have a direct economic impact on the local village economy and wider area. Banking for poor proved itself as a strategy that is successfully reducing poverty. Focusing on the pro poor banking for tourism activities, it may become efficient strategy for local sustainable development of specific regions. After presenting the impact of banking for poor on entrepreneurship development in poverty regions, the purpose is to analyze whether modification of banking for poor products could support the pro poor tourism entrepreneurship.

Item Type: Conference or Workshop Item (Paper)
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Zoran Temelkov
Date Deposited: 20 Jun 2014 11:25
Last Modified: 20 Jun 2014 11:25

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