ECONOMIC ASPECTS OF THE INTERNATIONAL TOURISM DEVELOPMENT IN UKRAINE AND IN THE WORLD

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Visnyk LNAU: Economics of AIC 2021 №28: 154-160

ECONOMIC ASPECTS OF THE INTERNATIONAL TOURISM DEVELOPMENT IN UKRAINE AND IN THE WORLD

Dudiak R., Candidate of Economics
ORCID ID: 0000-0001-7934-8234
Buhil S., Candidate of Economics
ORCID ID: 0000-0003-4863-52
Shovhen M., Master degree student
ORCID ID: 0000-0003-1171-2882
Lviv National Agrarian University

https://doi.org/10.31734/economics2021.28.154

Annotation

The article reveals the process of tourism establishment in Ukraine and in the world as a mass and unambiguous phenomenon of today. The essence, functions and geography of international tourism are stated. The impact of tourism development on the world economy is also analyzed. Characterizing Ukraine’s position at the market of international tourism, the main issues and points of unsatisfactory conditions of the tourist service of our country were identified. Ways to improve the tourism potential in the world during the pandemic years and in the near future were presented. The reasons for suspension of the tourism process in the whole world are described, and perspective directions and measures for the restoration of international tourist flows in our country and in the world in general are presented.

The international tourist flows in Ukraine and in the world, in particular their dynamics and spatial structure during the pandemic 2019, are analyzed. It is established that the current dynamics of the international tourist flow in Ukraine and in the world is characterized by a sharp decrease in the volume of international visitors, a decrease in the rates of tourist activity development and rearrangement of the spatial structure of the incoming and outgoing tourist flow.

International tourism does not only significantly affect the economy of all countries, but for many countries it is the main means and source of income and profits and it directly influences development of the economy as a whole. It is international tourism that mainly establishes, increases and stimulates development of the investment plans and projects for the development of the hotel, tourism and transport infrastructure, which significantly improves the indigenous peoples’ living standards and tourist services.

The tourism’s impact on the economic development of the country contributes to growth of business activity, expansion of goods and services production as a result of increasing effective demand at the expense of foreign and local tourists. The tourism industry secures a faster investment return and obtaining income in a freely convertible currency.

The modern industry of international tourism can be considered as an intersectoral complex of the world economy and as an independent type of economic activity.

Key words

economic development, tourism, international tourism geography, development of tourism flows of Ukraine, tourism industry, pandemic, prospects of international tourism activity

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