Tourism in the Function of Economic Growth and Development in the Modern World
Tourism in the Function of Economic Growth and Development in the Modern World

Author(s): Adrijana Vuković, Marijana Milunović, Dušan Aničić
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Tourism; Economic growth; Modern world
Summary/Abstract: Contemporary economic flows in the world economy, especially trends within the development of tourism, are becoming more and more dynamic. The modern world is characterized by constant changes, in which the key to economic success lies in the ability to understand them and optimally adapt to the newly emerging business environment. The dynamic development of the world economy in recent decades has caused major changes in the structure of the world economy. Tourism, as one of the economic branches, greatly contributes to the economic growth and development of the world economy today. It can be said that tourism has acquired the hallmark of a very complex and significant economic category. In this regard, the aim of this paper is to indicate the economic importance of tourism and its impact on the development of national and global economy, with a special overview of the Balkan region.

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