exchange‚ language development‚ and information diffusion‚ along with worldwide economic and financial growth. Here we wish to analyse the costs and benefits of globalisation to the Republic of Turkey. More specifically‚ we will look at the economic and business impacts globalisation has made on Turkey and its current position with regard to the world economy. Current Economic Situation Today’s economic outlook for Turkey is deteriorating. GDP growth has been revised to 3.6% for 2008 (against 4.3%
Premium European Union International trade Economics
Approach The travel and tourism sector creates more jobs per million of investment than any other sector of the economy and is capable of providing employment to a wide spectrum of job seekers from the unskilled to the specialized‚ even in the remote parts of a country. The author in the following report has a brief introduction of tourism and a little bit of the industry. The report also contains what the industry’s growth is and how the visualizes itself in 2020. The Butler’s Life Cycle model
Premium Tourism
6.The economic impact of tourism? Social and cultural impact of tourism As an industry‚ tourism is a dynamic‚ evolving‚ consumer-driven force. It is the world’s largest industry. It is the employer of 183 million people. This represents 10‚2% of the global workforce. By employing one out of every the workers‚ travel and tourism is the world’s largest employer. As an industry‚ tourism is expected to grow much faster than other sectors. Growing so rapidly‚ tourism presents tremendous opportunities
Premium Culture Tourism Employment
2.0 Findings and Discussion 2.1 Definition The International Forum of Travel and Tourism Advocates defines tourism as the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes not related to the exercise of an activity remunerated from within the place visited and also refers to the sector of the national economy with complex functions that unites a number of goods and services‚ offer
Free Tourism
The Authority on World Travel & Tourism Travel & Tourism Economic Impact 2013 World WTTC Travel & Tourism Economic Impact 2013 1 For more information please contact: Rochelle Turner Research Manager rochelle.turner@wttc.org © 2013 World Travel & Tourism Council Contents The Economic Impact of Travel & Tourism 2013 Foreword.................................................................................................................................................
Premium Tourism
ECONOMIC ANALYSIS : TURKEY INTRODUCTION : TURKEY Turkey is a transcontinental Eurasian nation‚ spread over 7.8 million sq km. In terms of economy Turkey is 15th largest GDP-PPP country. Turkey is a democratic republic‚ whereby the Prime Minister the head of government‚ and the President is the head of state who holds a largely ceremonial role. Accession to the EU has brought much deserved attention from international investors. Turkey is a member of the Council of Europe‚ NATO‚ OECD‚ OSCE and the
Premium Macroeconomics Public finance Deficit
DLSU Business & Economics Review 22.1 (2012)‚ pp. 119-128 An Economic Analysis of the Philippine Tourism Industry Krista Danielle Yu School of Economics‚ De La Salle University‚ Manila‚ Philippines krista.yu@dlsu.edu.ph The archipelagic nature of the Philippines‚ as well as its colonial heritage‚ offers a wealth of scenic views that invite both locals and foreigners to participate in tourism-related activities. According the Department of Tourism (2011)‚ the industry is one of the three
Premium Economics Tourism
Because the city lies on the Danube River‚ it is a major shipping port for Europe‚ moving about 12 million tons of cargo a year. Since Vienna is inhabited by one fifth of Austria’s population‚ it accounts for more than one fourth of the country’s economic performance. The structure of Vienna’s economy is characterized by the enormous significance of the service sector‚ which accounts for 83% of gross value added (GVA). Due to its centralized location in Europe‚ Vienna and other Austrian cities
Premium Tourism Austria
Economic Impacts of Tourism on Destinations TOWN OR CITY COUNTRYSIDE AREA SEASIDE RESORT POSITIVE IMPACTS One of the positive impacts of getting tourists into the country is increased employment. When a city gets lots of tourists into it they need to build new hotels and attractions that will keep the increasing number of people coming. This means that there are more people needed fort building the hotel and than to run the hotel so many people get new‚ mostly permanent jobs and the number
Premium Tourism Seaside resort Hotel
Socio-cultural impacts of tourism in Turkey [pic] Table of Contents Page: Introduction…………………………………………………………..3 1.What are socio- cultural impacts in general?...........................4 2.What is the tourism development in Turkey (Mediterranean area)?………………………………………………………………...8 3.What are the impacts for the Mediterranean area?...............12 Conclusion………………………………………………………….15 Introduction “Today‚ tourism is one of the largest and dynamically developing
Premium Tourism