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Citation Information

Type Conference Paper - 3rd International Conference: "Higher education in function of development of tourism in Serbia and Western Balkans"
Title Tourism As An Economic Branch And Its Impact On GDP And Employment In Bosnia And Herzegovina
Author(s)
Publication (Day/Month/Year) 2016
City Užice
Country/State Serbia
URL https://www.researchgate.net/profile/Aleksandra_Vujko2/publication/309407401_INTEGRATION_OF_TRAVEL_A​GENCIES_WITH_TRADITIONAL_FARM_HOUSES_IN_RURAL_DESTINATION/links/580f012e08ae51b863968a42.pdf#page=70
Abstract
Generally speaking, tourism consists of whole range of economic and non-economic activities and is one of the most profitable industries in the world, with great opportuinities for contribution to overall economic development and growth. When we’re talking about tourism sector, one can say that it represents one of main factors of world economy growth and the biggest export industry. One of it's basic function is that tourism directly and indirectly affects the growth of GDP. Simultaneously with the strengthening of economic aspect, it also supports employment, affects job creation, which is reflected in the improvement of general living standards. In an unique way it encourages the development of some complementary activities and contributes to the overall GDP. In that sense, we have tried to show the impact of tourism on GDP, but also, employment in Bosnia and Herzegovina.

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