Lyudmila Bogachkova – Department of Applied Informatics and Mathematical Methods in Economics, Volgograd State University, Prosp. Universitetsky, 100, 400062, Volgograd, Russia
Olga Oleynik – Department of Accounting, Analysis and Audit, Volgograd Institute of Management, Branch of the Russian Presidential Academy of National Economy and Public Administration, Gagarina St, 8, 400131 Volgograd,
Russia
Arina Shevelyushkina – Department of Applied Informatics and Mathematical Methods in Economics, Volgograd State University, Prosp. Universitetsky, 100, 400062, Volgograd, Russia
Keywords:
Tourism;
Contraction of the industry;
Recovery of the industry;
Pandemic;
Russia;
G20 Countries
DOI: https://doi.org/10.31410/ITEMA.2023.83
Abstract: The paper highlights the significance of tourism sector support measures in modern Russian economic policy. Special attention is given to an aggregate indicator of tourism’s contribution to the economy. This indicator has been calculated taking into account the share of tourism in the country’s GDP; the share of tourism in the total number of jobs; the share of tourism in total export revenues. The research is based on the data of the World Travel and Tourism Council. The effects of the pandemic and the subsequent recovery of the industry have been described using the 2019 indices of the composite indicator. It has been revealed that Russia ranks second to last among the G20 countries in terms of the aggregate contribution of tourism to the economy. At the same time, Russian tourism was characterized by a relatively small contraction in 2020 and a low recovery rate in 2021, which indicates the need to make regulation measures more effective.
7th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2023 – Conference Proceedings, Hybrid (Faculty of Organization and Informatics Varaždin, University of Zagreb, Croatia), October 26, 2023
ITEMA Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania
ITEMA Conference 2023 Conference Proceedings: ISBN 978-86-80194-75-2, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
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