Research Article

TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA

Arta Tachi * Selvije Thaci
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Abstract

Tourism is becoming the most important factor of economic growth globally which indicates positive impact in many sectors, and this is the reason that all countries are interested in developing the tourism. Tourism development is the current and the future of economic, environmental and socio-cultural impact, and this by making optimal use of resources, respecting the cultural and traditional values of host communities and ensure socioeconomic benefits such as increasing the level of revenues and reducing poverty. This paper will analyse the development of tourism in North Macedonia by special emphasize in the total number of tourists, including the analysis of foreign tourist arrivals and total overnight stays and domestic tourists’ arrivals and total overnight stays. Based on the evidence of total tourist we can see the condition of our country regarding the attraction provided to visitors. The second part of the analyses is regarding the level of revenues earned by calculating the total number of receipts of tourist expenses (foreign tourists and domestic tourists). The last part is regarding the contribution of tourism sector to the Gross Domestic Product, an important indicator of the economic growth. These analyses are done for a longer period (from the early 90 up to 2023), to have a deeper overview of tourism trend. Since North Macedonia was going through different times, will have an overview of tourism condition during three risky periods such as transition period from Former Yugoslavia to Republic of North Macedonia (1993), the armed conflict in 2000 and the last crisis of pandemic in 2019. And as a result there is an important impact of tourism in the economic growth of the country.

Keywords: Tourism & Development; Economic Growth GDP; Economic development

References

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How to Cite

APA

Tachi, A., & Thaci, S. (2024). TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA. Sivas Interdisipliner Turizm Araştırmaları Dergisi, 7(2), 195-202. https://izlik.org/JA26BX34SE

AMA

1.Tachi A, Thaci S. TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA. SİTA. 2024;7(2):195-202. https://izlik.org/JA26BX34SE

Chicago

Tachi, Arta, ve Selvije Thaci. 2024. “TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA”. Sivas Interdisipliner Turizm Araştırmaları Dergisi 7 (2): 195-202. https://izlik.org/JA26BX34SE.

EndNote

Tachi A, Thaci S (01 Aralık 2024) TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA. Sivas Interdisipliner Turizm Araştırmaları Dergisi 7 2 195–202.

IEEE

[1]A. Tachi ve S. Thaci, “TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA”, SİTA, c. 7, sy 2, ss. 195–202, Ara. 2024, [çevrimiçi]. Erişim adresi: https://izlik.org/JA26BX34SE

ISNAD

Tachi, Arta - Thaci, Selvije. “TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA”. Sivas Interdisipliner Turizm Araştırmaları Dergisi 7/2 (01 Aralık 2024): 195-202. https://izlik.org/JA26BX34SE.

JAMA

1.Tachi A, Thaci S. TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA. SİTA. 2024;7:195–202.

MLA

Tachi, Arta, ve Selvije Thaci. “TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA”. Sivas Interdisipliner Turizm Araştırmaları Dergisi, c. 7, sy 2, Aralık 2024, ss. 195-02, https://izlik.org/JA26BX34SE.

Vancouver

1.Arta Tachi, Selvije Thaci. TOURISM DEVELOPMENT AND ITS IMPACT IN ECONOMIC GROWTH, EVIDENCE OF NORTH MACEDONIA. SİTA [Internet]. 01 Aralık 2024;7(2):195-202. Erişim adresi: https://izlik.org/JA26BX34SE