Tourism Economic Policy, COVID-19 Restrictions and Estimated Economic Impact the Industry

Maia Diakonidze

A chapter in The New Digital Era: Other Emerging Risks and Opportunities, 2022, vol. 109B, pp 13-20 from Emerald Group Publishing Limited

Abstract: Introduction:Tourism Industry is a developing, extensive industry and therefore involving many sectors of the economy. In recent years, the growth of this industry has been almost impossible to conquer since the touristic travels were significantly high for example in 2019; in that year, the Travel & Tourism sector contributed 10.4% to global GDP. The world’s well-known circumstances have critically affected the development of tourism. One of the irresistible goals for developing countries has become – to find the right approach, a policy to prevent a catastrophic recession. Aim:Based on empirical research, on the example of country Georgia, the main aim of this work is to analyse the regional approach to identify positive and negative influences on the field and, therefore, calculate the economic impact. Method:Empirical research includes a collection of the data from statistical portals of the local, Georgian Tourism Administration as well as from the World Tourism Organization and, therefore, analysis of the collected data. Findings:The results included research materials – analysis of the three pandemic years 2019–2020–2021 (first decade) that clearly showed the willingness and public policy impact on the industry development.

Keywords: Tourism; economic policy; Georgia; restrictions; policy; COVID-19 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... 9-37592022000109B002
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:csefzz:s1569-37592022000109b002

DOI: 10.1108/S1569-37592022000109B002

Access Statistics for this chapter

More chapters in Contemporary Studies in Economic and Financial Analysis from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().