Tourism in Macedonia-Before and After the Crisis

Petrevska, Biljana (2012) Tourism in Macedonia-Before and After the Crisis. Conference Proceedings, International Conference “Faces of the Crisis”, Skopje, Macedonia. pp. 63-70.

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For many decades, tourism in the world has been experiencing continuing growth, being interrupted by the global financial crisis. This paper attempts to describe the effects of the world economic crisis on tourism in Macedonia and the consequences to the overall economic development. Therefore, some of the commonly used economic parameters are assessed in order to present an overview of the main indicators which identify tourism industry in Macedonia. In this respect, the study is based on various analyses made upon available secondary data collected through desk-research on descriptive statistics. In the line of providing more accurate results of crisis impacts, the applied data set is divided into two sub-periods. The first period starts from 2002 to 2007 and covers a six-year horizon before the world crisis emerges. The second refers to the period from 2008 to 2010 as a short-term interval for summarizing the crisis outcomes. The results point out that Macedonia, as most tourism-oriented countries, was not immune to the negative shocks. Finally, the paper urges the need for identifying effective framework for mitigating the impact of the past crisis, but also for reducing the chances of having a similar one in the future.

Item Type: Article
Additional Information: International Scientific Conference “Faces of the Crisis”, Skopje, Macedonia, 9-10 March 2012.
Uncontrolled Keywords: Tourism; World economic crisis; Economic development; Macedonia.
Subjects: Social Sciences > Other social sciences
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Biljana Petrevska
Date Deposited: 12 Nov 2012 10:23
Last Modified: 12 Nov 2012 10:23

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