DEVELOPMENT OF TOURISM IN THE FUNCTION OF REDUCING UNEMPLOYMENT IN SERBIA

  • Olgica Nestorović Faculty of Economics, International University Travnik, Travnik
  • Dušan Aničić Faculty of Economics and Finance, University "Union – Nikola Tesla" Belgrade
Keywords: tourism, unemployment, economic development, economic policy

Abstract

Tourism has grown steadily over the last decades and has become one of the fastest growing economies in the world. It is a key driver of the overall socio-economic development, and in this respect it also significantly affects the issue of unemployment. The contribution of tourism to economic development is reflected in its impact on investment, income, balance of payments, and employment, causing their growth. However, economic growth alone is not sufficient to reduce the unemployment rate, but appropriate economic policy measures are needed. Tourism is the fastest growing sector in highly developed countries, which generates more jobs than any other industry. Tourism activity is continually growing and it directly creates new jobs in tourism, but also in other sectors. Also, incentive measures in certain areas can have a favorable impact on employment in these areas. Positive experiences from the countries of the European Union can serve as examples of good practice for successfully solving the problem of unemployment in the Republic of Serbia through tourism.

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Published
2019-06-01
How to Cite
Nestorović, O., & Aničić, D. (2019). DEVELOPMENT OF TOURISM IN THE FUNCTION OF REDUCING UNEMPLOYMENT IN SERBIA. Tourism International Scientific Conference Vrnjačka Banja - TISC, 4(1), 97-112. Retrieved from https://www.tisc.rs/proceedings/index.php/hitmc/article/view/246