EVOLUTION OF TOURISM IN THE YEAR 2020, IN THE CONTEXT OF MEASURES ON THE PREVENTION OF COVID-19

Cosmin Sandu Badele () and Lucian Ivan ()
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Cosmin Sandu Badele: Ministry of Internal Affairs
Lucian Ivan: Ministry of Internal Affairs

Management Strategies Journal, 2021, vol. 52, issue 2, 97-105

Abstract: The COVID-19 pandemic is of major affect small and medium-sized enterprises (SMEs) worldwide, with measures to combat the pandemic by blocking and quarantine leading to severe decreases in production capacity utilisation, with supply chains interrupted, leading to a lack of intermediate materials and goods in the field of and tourism. There is a dramatic and sharp drop in demand and therefore in revenues, which severely affects their ability to function due to a lack of liquidity, with SMEs being more vulnerable to 'social distance' than other types of companies.

Keywords: global economic crisis; covid-19 pandemic; tourism; corporate governance; Open Source Intelligence OSINT. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:52:y:2021:i:2:p:97-105

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