 Assessing the Sustainability of Tourism in EAEU Countries: An Analysis of the Travel and Tourism Development IndexGayane R. Tovmasyan and Marine G. Gevorgyan Chapter 4 in The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution, 2026, pp 39-48 from World Scientific Publishing Co. Pte. Ltd. Abstract: Sustainable tourism development is important for balancing tourists’ needs, the global environment, and the local communities. It minimizes environmental impact, promotes conservation and biodiversity, ensures economic stability by creating long-term employment opportunities, supports local economies, improves residents’ lives through improved infrastructure and services, encourages cultural exchange and understanding, and promotes peace and mutual respect between different communities. The sustainable development of tourism is crucial for enhancing the competitiveness of destinations. This research aims to evaluate the sustainability of tourism in the countries of the Eurasian Economic Union (EAEU) by analyzing the Travel & Tourism Development Index (TTDI). The EAEU, comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, has recently experienced notable growth in tourism, both before and after the COVID-19 pandemic. However, questions regarding the sustainability of this growth remain. Applying the TTDI, this research explores multiple dimensions of tourism. The findings reveal the main gaps and problems of the sustainability dimension of TTDI. The research concludes with recommendations for enhancing the sustainability of tourism in EAEU countries, aiming to foster long-term benefits for the industry and local communities. The authors proposed several recommendations to enhance energy sustainability and efficiency, reduce environmental pollution, improve the preservation of natural resources, and strengthen the socioeconomic impact of tourism. These suggestions also aim to address the challenges of seasonal tourism arrivals and promote the management of tourism flows to ensure a more geographically balanced distribution of visitors. Keywords: Sustainable Development; Entrepreneurship; Innovation; Technology; Information Management; Organizational Behavior; Industrial Organization; Entrepreneurial Economy; Fifth Industrial Revolution; Cause-and-Effect Relationships; Fourth Industrial Revolution; Digital Technology; Industry 5.0; Operations Management; Operations Research; Supply Chain Management; Fintech; Cryptocurrency; Blockchain; Economics and Finance; Corporate Governance; Technological Environment; National Economy; State Management; Corporate Management; Agro-Industrial Complex 5.0; Fuel and Energy Complex 5.0; BRICS; EAEU; Central Asia; Social Responsibility; Digital Competitiveness; Digital Energy; Entrepreneurial Universities 5.0; Machine Learning; Cyber-Social System; Smart Company; Management of AI; Automatization; Decision-Making in Entrepreneurship; Big Data; Blockchain Finance; Robotisation Of Production; Applied Technological Solutions; Smart City; Local Entrepreneurial Economy; Modernisation; Institutes of Globalisation; E-Government; Innovative Economy; Knowledge Society; BRICS+ (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789819802920_0004 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd. |
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