Urban Development - Engine for Economic Growth: Evidence for Macedonia and Greece

Boskov, Tatjana and Kovacevski, Dimitar and Josheski, Dushko (2018) Urban Development - Engine for Economic Growth: Evidence for Macedonia and Greece. IJIBM International Journal of Information, Business and Management, 10 (2). pp. 85-94. ISSN 2076-9202 (Print)/2218-046X (Online)

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Abstract

Cities are the places where unbalance in the use of resources is most evident (they consume more
resources than they generate), but at the same time they are the core of economic and societal innovation
(Petrevska, 2012). Sustainable urban development makes it necessary to strike a balance, achieving the
maximum of development opportunities and preserving at the same time the assets and the intangible
elements that constitute the cultural identity of a country.
The growth of tourism refers to the gradual evolution of tourism which is an important factor for
the productivity of a country’s economy. When is measured the economic impact of tourism, it should be
underline the essential causality among real gross domestic product, real effective exchange rate and
international tourism. Tourism should be seen as a moving factor with an important contribution for the
economies. In addition, the study covers estimation which measured the effect of tourism on economic
development in Macedonia and Greece.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 31 Jan 2018 13:42
Last Modified: 31 Jan 2018 13:42
URI: https://eprints.ugd.edu.mk/id/eprint/19255

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