• Economics
  • Published 2016

The Impact of the International Tourism Receipts on GDP: The Case of Republic of Macedonia

@inproceedings{Gramatnikovski2016TheIO,
  title={The Impact of the International Tourism Receipts on GDP: The Case of Republic of Macedonia},
  author={Sashko Gramatnikovski and Ace Milenkovski and Daliborka Blazheska},
  year={2016}
}
In the past few decades’ tourism has played a major role in the EU and global economies. By the estimates of UNWTO tourism is accounted for 9% of the world economy’s GDP, and it’s considered the third largest socio-economic sector after the period of the financial crisis. More so tourism’s impact on the economic and social development of a country can be enormous; opening it up for business, trade and capital investment, creating jobs and entrepreneurialism for the workforce and protecting… CONTINUE READING

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