Tourism - connection of local values and global competitiveness

Vujović, Slavoljub and Reljić, Marija (2016) Tourism - connection of local values and global competitiveness. In: ECIN 2016: International Economics and Management Conference: thematic proceedings. Economic Institute, Belgrade, pp. 303-308. ISBN 978-86-7329-100-0

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Abstract

The process of globalization, generated by neoliberal principles has contributed, no doubt, a faster flow of goods and services on a global level, and faster movement of finance, particularly the corporate capital, but also the flow of a series of social, economic, and social problems. Neoliberal globalization did contribute to the promotion and leaving the national framework of national names of settlements, the availability of new technologies, more efficient dynamisation of the market, while, on the other hand, social development and social processes and problems leaves national economies. Accordingly, the paper explores how small economy by its own natural and anthropogenic values can be competitive on the world market, the development of tourism. Tourism with its specific (primarily spillover BNP and invisible exports), thanks to the comparative advantages of the economy, to solve the inevitable problems in the global tourism market and to competition.

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