Vol 4, No 2 (2016)
Tourism Satellite Account: Macedonia’s Challenge
Biljana Petrevska
Abstract
The paper informs about the importance of designing the Tourism Satellite Accounts (TSAs) as a tool for structural rather than short-term analysis, for quantifying the overall contribution that tourism makes to an economy. Given the fact that Macedonia has identified tourism as one of its priorities for the national economic development, the paper argues the challenges that arise and suggests valuable recommendations for the initial process of the TSA establishment. Besides the identified strengths in the current statistics, some weaknesses also appeared upon a theoretical screening. Consequently, it is strongly recommended that in the following period Macedonia may be focused firstly on developing a ‘Pilot Experimental TSA’, which may serve as a starting point for further improvements leading to ‘Experimental TSA’. Such TSA indicators may be useful for policy-makers since it will provide clear focus on how much tourism contributes to Macedonian economy and how many jobs it creates.
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Keywords
Tourism Satellite Account; National economy; Tourism development.
Publication information
Volume 4, Issue 2
Year of Publication: 2016
ISSN: 1857 - 8721
Publisher: EDNOTERA
How to cite
Petrevska, B.: Tourism Satellite Account: Macedonia’s Challenge. Journal of Applied Economics and Business, Vol 4, No. 2, 16-22. (2016)