Supply-side asymmetry and the non-neutrality of demand fluctuations

1998 ◽  
Vol 20 (4) ◽  
pp. 785-809 ◽  
Author(s):  
Magda Kandil
2018 ◽  
Vol 22 (3) ◽  
pp. 235-250 ◽  
Author(s):  
Alberto Amore ◽  
Girish Prayag ◽  
C. Michael Hall

The concept of resilience has gained momentum in current tourism research, yet there are still flaws and discrepancies between the many notions applied in the field. These limitations are further evident when we focus on tourist destinations. The aim of this article is to advance the conceptualization of destination resilience through a multilevel perspective (MLP) that frames landscape, regime, niche, and actors as integrated elements of the tourism system. The resulting framework encompasses ecological, socioecological, sociopolitical, socioeconomic, and sociotechnological dimensions reflecting the embeddedness of resilience among heterogeneous and potentially complementary destination stakeholders. It is argued that the use of the MLP advances the understanding of tourism destination planning, particularly in contexts coping with gradual as well as drastic changes due to both demand fluctuations and supply-side disturbances.


2013 ◽  
pp. 121-136
Author(s):  
Duong Pham Bao

The objective of this article is to review the development of the rural financial system in Vietnam in recent years, especially, after Doi moi. There are two opposite schools of thought in the literature on rural credit policies in developing countries. One is the conventional supply-side (government-led) approach while the other is called “a new paradigm” that emphasizes the importance of the viability of financial providers and the well functioning of rural credit markets. Conventional theories of rural finance contend that rural finance in low-income countries is generally accompanied by many failures. Contrary to these theories, rural finance in Vietnam does not encounter the above-mentioned failures so far. Up to the present time, it is progressing well. Using a supply-side approach, methodologically, this study reviews the development of the rural financial system in Vietnam. The significance of this study is to challenge the extreme view of dichotomizing between the old and the new credit paradigms. Analysis in this study contends that a rural financial market that, (1) is initiated and spurred by government; (2) operates principally under market mechanisms; and (3) is strongly supported by rural organizations (semi-formal/informal institutions) can progress stably and well. Therefore, the extremely dichotomizing approach must be avoided.


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