Abstract:The paper aims at analyzing the impact of tourism on the economic growth in Ukraine considering its global significance and dynamic development. Tourism should be considered not as a separate phenomenon, but as a complex socio-economic-ecological system, i.e. the national tourism system (NTS). The study attempts to reveal the nature and determinants of the national tourism system impact on economic growth, and also empirically substantiates this in the Ukrainian context. Since the economic decisions require a … Show more
“…Researchers identified that tourism has a beneficial effect on economic and social growth in the Issyk-Kul region of the Kyrgyz Republic, 2002-2017, and that this influence is increasing every year. Mazaraki et al (2019), on the example of Ukraine (data 2000-2017) confirm the overall fact that tourism has a positive influence on economic growth.…”
The study aims to investigate the characteristics of socio-economic development in the context of countries’ tourism advancement. The paper analyzes the Travel & Tourism Development Index (TTDI) and the Happiness Rating (HR). The sample covers data from 102 countries for the year 2021. The analysis showed that there are differences in the relationships between TTDI and HR, as well as their sub-indices, among groups of countries distributed according to income level. The research methodology includes the use of such methods as correlation analysis to determine the relationships between indicators like factor analysis to identify the degree of indicators' influence on the sample and a graphical method to visualise the analysis results. The study uses the World Bank approach to classify countries into income groups. The study confirms that a country's welfare level is one factor that determines patterns in various areas, including tourism.
“…Researchers identified that tourism has a beneficial effect on economic and social growth in the Issyk-Kul region of the Kyrgyz Republic, 2002-2017, and that this influence is increasing every year. Mazaraki et al (2019), on the example of Ukraine (data 2000-2017) confirm the overall fact that tourism has a positive influence on economic growth.…”
The study aims to investigate the characteristics of socio-economic development in the context of countries’ tourism advancement. The paper analyzes the Travel & Tourism Development Index (TTDI) and the Happiness Rating (HR). The sample covers data from 102 countries for the year 2021. The analysis showed that there are differences in the relationships between TTDI and HR, as well as their sub-indices, among groups of countries distributed according to income level. The research methodology includes the use of such methods as correlation analysis to determine the relationships between indicators like factor analysis to identify the degree of indicators' influence on the sample and a graphical method to visualise the analysis results. The study uses the World Bank approach to classify countries into income groups. The study confirms that a country's welfare level is one factor that determines patterns in various areas, including tourism.
“…The scientific literature discusses methods of assessing financial security by the bankruptcy criterion (Orlova, 2008;Coval et al, 2009;Portnova & Antonenko, 2012;Williams, 2014;Mazaraki et al, 2019), the disadvantage of which is the limited scope of diagnostics. Attempts to build an integral indicator (Tereshchenko, 2006;Matviychuk, 2007;Kuzenko et al, 2010;Piatnytska & Fedulova, 2020;Kharchuk et al, 2021) do not take into account the industry boundaries of the parameters in the calculations and all possible assessment indicators.…”
The aim of the study is to improve the system for assessing the level of financial security of an enterprise. The subject of the study is the systemic processes of building and assessing the level of financial security of an enterprise. The study used the methods of theoretical and logical generalization. In the article, it is described the key points which characterize the methods of assessing the financial security of the enterprise. The results of the study consist in the formation of a system of indicators for assessing and managing financial security for a production and trade enterprise. The authors selected a set of indicators used for evaluation, involving an indicator method and visual image in graphic representation. There were analyzed results of the enterprise activity for three years in order to assess financial and property condition and financial security; diagnostic parameters were classified into five groups: assessment of property status, solvency, profitability, business activity (turnover) and financial stability. There are specified the content and problems of determining the indicators of financial security and enterprise operating efficiency on the example of a production and trade enterprise.
“…Currently, "digitalization brings the challenge to hotels' work process" (Buer, 2019, p. 6), and "the hotel industry strategically responds to digital platform power" (Balsiger et al, 2021). In the post-pandemic period, digitalization will become one of the main strategic concepts in the tourism and hotel business (Melnychenko et al, 2020;Mazaraki et al, 2019).…”
The rapid implementation of digital technologies in all spheres of society resulted from the evolution of consumer needs and IT breakthroughs, the acceleration of which was caused by the COVID-19 pandemic. Lockdowns restricted physical contacts in customer service, highlighting the urgent need to digitize the business. The difficulties in predicting socio-economic conditions of the pandemic have led to new opportunities and mechanisms for the distribution of services and the formation of economic stress resilience of economic entities. The study aims to reveal the essence of the digital distribution of hospitality services in the conditions of uncertainty caused by COVID-19. The study of services digital distribution gives awareness of the possibilities of their implementation in the activities of hospitality entities, which were considered in the context of business security and development drivers during COVID-19. To achieve the study’s goal, a comprehensive approach to the essence of digital technologies, including those specific to hospitality entities, was used. The results of the analysis allowed stating the economic feasibility of direct sales channels. In addition, prerequisites for the collaboration of hospitality entities with digital channels were determined, recommendatory markers of optimal relations with distributors using digital innovations in business were formed. Further, business strategy development took into account the peculiarities of mixing the niches of competition of business entities in digital format and traditional competition.
Acknowledgment The paper shows the author’s results within the frameworks of the study, performed in 2021−2023 at Kyiv National University of Trade and Economics at the request of Ministry of Education and Science of Ukraine “Digital transformation of trade, economic and tourist systems in Ukraine” (state registration number 0121U112231) and “Forecasting the impact of the tourism system on the country’s economy” (state registration number 0122U001559).
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