THE EVOLUTION OF ROMANIAN TOURISM IN TERMS OF ECONOMIC INSTABILITY

Cecilia Rabontu and Vasilescu Maria
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Vasilescu Maria: Constantin Brâncusi University of Târgu Jiu

Annals - Economy Series, 2012, vol. 2, 130-142

Abstract: The contribution of tourism to economic and social life is different from one country to another, depending on development level and the policy promoted in connection with these activities. Within the economy, tourism is manifested as a means to diversify its structure by creating specific activities such as hotel industry, which takes into consideration not only accommodation and all conditions and comfort created for travelers, but also some various additional benefits, from information to commercial services, non-specific services. A direct contribution of tourism on employment is particularly significant for tourism intensive economies. Currently, tourism provides millions of jobs and international tourism has an important role in increasing and diversifying exports. International tourism influences the balance of payments through foreign currency balance of tourism which can compensate for, reduce or worsen a deficit of balance of payments. In this paper we intend to present an analysis of Romanian tourism from the perspective of several indicators used to indicate the status of tourism in terms of economic instability, given that the difficult economic period felt worldwide is, undoubtedly, felt by the Romanian tourism, too.

Keywords: tourism; crisis; economic recovery (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2012:v:2:p:130-142

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