THE INFLUENCE OF GLOBALIZATION ON TOURISM AND IMPACT OF TOURISM ON OTHER ACTIVITIES WITH AN EMPHASIS ON GREENFIELD INVESTMENTS IN TOURISM


DOI: https://doi.org/10.15308/sitcon-2015-47-52
Authors:
Slobodan Čerović
Predrag Vukadinović
Miroslav Knežević

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Keywords:
tourism,globalization,economy,foreign direct investment,greenfield investments


Abstract:
Globalization process has already affected each sector of the world economy, including tourism as an important and ever-growing industry and economic activity. To that end, this paper attempts to examine the extent and effects of globalization on tourism. Also, tourism as an economic activity exerts a significant impact on other activities, and thus, considerable attention should be devoted to measuring the extent of globalization impact and the ways in which it is reflected. Finally, since tourism cannot develop without direct foreign investment, the authors shall attempt to present the position of tourism in relation to other activities concerning the number and value of greenfield investments.

CITATION:

APA format

Čerović, S., Vukadinović, P., Knežević, M. (2015). THE INFLUENCE OF GLOBALIZATION ON TOURISM AND IMPACT OF TOURISM ON OTHER ACTIVITIES  WITH AN EMPHASIS ON GREENFIELD INVESTMENTS IN TOURISM. Paper presented at SITCON 2015 - Singidunum International Tourism Conference. doi:10.15308/sitcon-2015-47-52

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