scholarly journals THE CRISIS IS A NATURAL PART OF ECONOMIC DEVELOPMENT, IT IS NECESSARY TO LEARN TO FACE IT

Author(s):  
Andrej Kóňa

Europe has the strongest and largest tourism in the world. As in times of economic prosperity, the industry can prosper, in the case of a change in the economic environment as a result of a crises, it is hit hard and the tourism industry throughout the European Union is suffering billions of euros in damage. It is the case of all post-communist countries and also in Slovak Republic. The effects of such fluctuations are all the greater for the country´s GDP because they do not have contingency plans in place and solutions are often chaotic or implemented too late. The article assesses the impact of several crises, including the current one associated with COVID-19 and predicts a possible approach to mitigate the consequences of the crisis and at the same time better manage the future crisis.

Turizam ◽  
2020 ◽  
Vol 24 (4) ◽  
pp. 165-177
Author(s):  
Gordana Petrović ◽  
Darjan Karabašević ◽  
Svetlana Vukotić ◽  
Vuk Mirčetić

Tourism has a notable role in the economies of many countries, and particularly in the countries of the European Union, which are still one of the world's most recognized and visited tourist destinations. The paper aims to analyze the impact of the tourism industry on the economy of the European Union. In this context, the paper is based on research and literature review, in particular, statistics data of Eurostat and the World Travel and Tourism Council. The results achieved by the tourism industry are reflected through certain economic indicators: GDP, employment rate, income, the balance of payments, turnover and consumption. The research area is one of the most visited tourist destinations in the world, which generates significant tourist turnover and justifies the status of an extremely important determinant of economic development. The well managed tourism industry complements other economic activities and increases the income of each EU Member State, and the tourism industry has direct and indirect, positive and negative economic effects.


Author(s):  
N. Matviienko ◽  
V. Matviienko

International tourism is gaining increasing influence on the country’s competitiveness in the world markets. The article is dedicated to Croatia, one of the most successful countries in the former Yugoslav republic. Its disintegration became one of the world’s national conflicts, where many human bloods were shed, by the way, it is similar to that which Ukraine is going through today. The Croats managed to put an end to the separatist conflict, embark on a plan for economic stability and enter the European Union. It was investigated that tourism was one of the priority development areas that the country focused on. It is determined that Croatia is one of the most important tourist destinations in the Mediterranean region, and the tourism industry is developing successfully and generating a stable income. The article considers the system of factors which became the prerequisite for the development of the tourist industry in Croatia. Their role in the development of the modern tourism industry in Croatia has been characterized. The main natural-geographical factors are investigated – relief, climate, water factor and nature reserve fund. It is determined that the advantage of Croatia is not only the clean and warm Adriatic sea but also the availability of thermal waters and mineral springs, as well as a unique natural reserve fund. The significance of human-geographical factors – socio-geographical position, historical-geographical, demographic, cultural-historical, level of socio-economic development, material and technical base and transport factors are revealed. Interestingly, the accession of Croatia to the EU was not prevented either by the territorial problems that the country had with Slovenia, nor the restrained attitude of the population towards European integration, nor the external debt of the country, which exceeded the crisis mark for the European Union. An analysis of the level of economic development in Croatia showed that Croatia had become one of the poorest countries of the EU at the time of its accession to this organization. The analysis of the main indicators of socio-economic development of the country in 2017 showed that today Croatia has become a very attractive European country, which tourists are willing to visit. The basis of Croatia’s economy is the service sector, whose share in the country’s GDP is 70.8%, of which direct revenue from tourism is 10.9%. The key factor in the development of tourism in Croatia is the material and technical base. In particular, the system of accommodation of Croatia for quality and service is not inferior to other European countries. Roads are the most modern and safe in Europe. The importance of tourism development in Croatia for the ecological and geographical factor is analyzed. It has been determined that an effective system of governance has been created in Croatia for the protection of the environment. Effective state tourism policy contributes to improving the attractiveness of Croatia in the tourist market and accelerates integration processes in the world economy.


2020 ◽  
Vol 12 (18) ◽  
pp. 7754 ◽  
Author(s):  
Egla Mansi ◽  
Eglantina Hysa ◽  
Mirela Panait ◽  
Marian Catalin Voica

During the last few decades, economists have tried to find a solution to eradicate poverty, especially since the United Nations’ Sustainable Development Goals were launched. The target of Goal 1 is to end poverty in all its forms everywhere. While income inequality and unemployment have played a major part in contributing to poor wellbeing in the world, other factors such as political instability, a lack of good investment opportunities, and living conditions have contributed to it as well. Thus, in this work, the authors analyze the factors that impact poverty and compare these results between countries within the European Union and post-communist countries that include the Western Balkan (WB) countries: Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia. The method used consists of both descriptive statistics and multiple regression analysis using the fixed effect model where poverty is taken as the dependent variable. The data used in this study are gathered from the World Bank and Legatum Prosperity, during the period between 2009 and 2018. The results show that income inequality does indeed impact the further progress of poverty for both the EU and WB, while economic development in terms of GDP is shown to have a more significant impact on EU than in WB, where the most significant impact was through income per capita. Other factors such as education, investment environment, and especially unemployment also significantly impacted on decreasing the poverty rate in both economic zones.


2020 ◽  
Vol 9 (1) ◽  
pp. 39-52
Author(s):  
Rozy A. Pratama ◽  
Tri Widodo

Indonesia and Malaysia are the largest producers and exporters of palm oil in the world vegetable oil market. Palm oil and its derivative products are the highest contributors to foreign exchange in 2018. This study aims to analyze the impact of the European Union import non-tariff trade policies on the Indonesian and Malaysian economies The analysis uses the Computable General Equilibrium (CGE) model of world trade on the Global Trade Analysis Project (GTAP) program. The results of this study found that the non-tariff import policy by the European Union had a negative impact on the economies of Indonesia and Malaysia. Moreover, the policy also has a negative impact on countries in Southeast Asia and the European Union. This shows that the enactment of non-tariff import trade policies for Indonesian and Malaysian palm oil products has a global impact.


2018 ◽  
Vol 236 ◽  
pp. 02007 ◽  
Author(s):  
Jozef Gnap ◽  
Tomáš Settey ◽  
Dominika Beňová

The paper deals with the study of the impact of regular air passenger transport on international long-distance regular bus transport in the Slovak Republic. The comparative period is 2017 (2018) with 2008. The issue is also related to the issue of the use of Slovakian airports for regular air transport after the Slovak Republic entered the European Union in 2004. According to the results of the 2008 survey, both modes of transport have significantly affected the economic crisis. The development of low-cost airlines also affected the decrease in the number of issued transport licenses in 2018 compared to 2008 in international regular bus transport.


2021 ◽  
Vol 4 ◽  
pp. 1-8
Author(s):  
Andrés Arístegui ◽  
Francisco Sánchez

Abstract. The Department of Thematic Mapping and National Atlas at the National Geographic Institute of Spain (IGN) has published a monograph on the first wave of the COVID-19 pandemic. The time studied is limited to the first half of 2020 which is the period for which official data are now available. However, for the first time, provisional –non definitive– data have been used. This publication begins with an overview of the impact of this crisis on the world in general and on the European Union in particular. It then focuses on the effects that the pandemic has had on demography and on the National Health Service in Spain. It ends with the consequences that the pandemic has had on the Spanish economy, society and environment. This work has been carried out together with an ad-hoc scientific network. It is the first publication of the Department that has been written both in Spanish and in English with the aim of providing the rest of the world with a geographic-cartographic vision on what has happened in Spain within the frame of the European Union during the first semester of 2020.


Author(s):  
Marina Popa ◽  
Maia Pisaniuc

The objective of this research is to demonstrate the impact of technological, economic and social indicators on productivity and competitiveness through the HARD Matrix method, proposed by the European Commission. The level of economic development of different countries, as well as the degree of diversification and specialization of their world production, determines the degree of integration of national economies in the world economy that differs considerably by country and group of countries. The expansion and amplification of the internationalization process have substantially changed the place and role of each state in the world economy. Due to this process, today's world economy is no longer a simple sum of economies put in contact, but a global-universal system, unitary through the interrelationships between the component subsystems and its extremely heterogeneous structure. In the twenty first-century, the process of amplifying innovation, the net economy, and the Covid 19 pandemic have shaped new trends in the world countries and determined the balance of power between the three great empires of the world – the United States, the European Union, and China. At the same time, there are no similar links between the United States, the European Union and China, they do not share the same culture, do not share the same geographic space, and do not use the same models of economic development, but all of them consider innovation, sophisticated business, technology, safe tools in promoting economic growth and competitiveness.


2018 ◽  
Vol 29 (5) ◽  
pp. 197-200 ◽  
Author(s):  
Robin Blake

In May 2018, the European Union (EU) banned all outdoor uses of three neonicotinoid insecticides due to concerns about adverse effects on pollinators following their use. Neonicotinoids continue to be used in other areas of the world such as North America. However, increasing scrutiny following the European Union decision threatens their availability as a control tool for farmers in these regions too. This article aims to provide an update on the current status of neonicotinoids, including a brief overview of the reasons behind the European regulatory decision, alternative control strategies that are available to farmers, how the situation in Europe might influence what will happen in other regions of the world, and what this means for future regulatory decision-making. The author concludes that the recent neonicotinoid ban in the EU represents an overly conservative approach to pesticide regulation, and in using the Draft Bee Guidance Document, one where the majority of pesticides currently on the market will fail. There is no definitive scientific evidence that neonicotinoids are the primary cause of declines in bees, and although banning these insecticides is the factor that humans have the greatest control over, it represents an overly simplistic solution to a very complex problem, and one that alone may not improve bee health. Whilst extreme pressure from environmental NGOs and politicians have undoubtedly helped shape these decisions, it is imperative that the regulatory process allows scientific innovation to help achieve food security and protect the environment. Ruling against recent lawsuits brought by Syngenta and Bayer CropScience to contest the bans on their respective neonicotinoids, the General Court of the European Union, said that the EU's"precautionary principle" meant that the EU could take measures if there was scientific uncertainty about risks to human health or the environment. The precautionary principle lies at the heart of EU regulation and effectively puts the burden of proof to demonstrate that a pesticide poses no unacceptable risk onto the manufacturers. Given that neonicotinoids are insecticides, and insecticides kill insects, it is not difficult to connect how the use of the precautionary principle led to the neonicotinoid ban. However, this principle is at odds with the desire to innovate – the so-called "Innovation principle" – "whenever policy or regulatory decisions are under consideration the impact on innovation as a driver for jobs and growth should be assessed and addressed". The innovation principle and precautionary principle should be complementary, recognising the need to protect society and the environment while also protecting the EU's ability to innovate. Neonicotinoids represent one such innovation where their highly targeted nature, especially as seed treatments, makes them effective within Integrated Pest Management (IPM) strategies, in comparison to alternatives such as pyrethroids, organophosphates and carbamates, that are known to be highly toxic to bees (and other non-target invertebrates) through spray drift. Replacing neonicotinoids with these products will also result in higher overall environmental risks, including risks to taxonomic groups that are not adversely affected by neonicotinoids such as birds, mammals and fish, together with higher risks to humans, particularly applicators. The HFFA report recommends that potential environmental concerns must be balanced against the need to boost agricultural productivity, and if such an assessment results in societal benefits outweighing the costs, then the technology should be applied. The hope is that regulators in other regions of the world will judiciously balance innovation and precaution, and base decisions on science rather than opinion or fear, and thus allow the continued use of neonicotinoids as vital tools in the global fight against crop pests.


10.5219/1167 ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 846-853 ◽  
Author(s):  
Dániel Halasi ◽  
Pavol Schwarcz ◽  
Ladislav Mura ◽  
Oľga Roháčiková

Nowadays, we live in an accelerated, complex, globalized world, where expectations are high for everyone. The child of today has to train a lot to be successful. The enlargement of the European Union and the expansion of the Schengen zone opened gates to society and economy that were not dreamed before by the countries of Central and Easter Europe. Many businesses were able to develop and grow, and they could achieve the goals they set until the end of the ´90s. The situation has changed since the turn of the millennium. The global markets, the easily accessible products and services, the convenience of the World Wide Web, the growing competition, the multinational companies and foreign chains, the high consumer expectations and the requirements and standards of EU have resulted the end of many businesses. The aim of the paper was to evaluate the impact of European Union support funds on the business of family enterprises in the southern districts of the Slovak Republic. The research material was obtained from primary sources. Data were subject of deeper analysis by statistical methods. Subsequently hypotheses were  formulated  and verified by use quantitative methods. According to results, in a group of businesses not supported by EU programs more than half of the respondents could not develop in the last 3 years, they had negative results. It can be stated that if external support and consultancy are present in family business life, the younger generation will find the family business more dynamic, innovative and attractive and therefore they will continue to run the family business.


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