Silvana DJURASEVİC, Slavica ADZİC, Ana STRANJANČEVİĆ

Tourism Development Montenegro – Crucial Challenge Within The Structural Changes In Economy

Implementation of structural changes in the Montenegrin economy was to enable productivity growth in all economic sectors. Previously realized structural changes with the aim of a more efficient market economy in Montenegro were mainly based on changes in the neighbouring countries. However, since each economy has its own particularity, the implemented changes still have not ensured balance in the total economy, competitiveness of the national economy and economic stability. This paper aims to explore to which extent the state engaged in taking adequate measures to improve investments in tourism and accompanying infrastructure enabling its influence on structural changes in the total economy, its long-term sustainability, and economic stability. Since tourism generates 20% of GDP and 18% of employment, the role of the state is crucial when making rational solutions from the aspect of total economic activities. Therefore, the competitive advantage of Montenegro as a tourist destination can be increased if tourism development is encouraged by systematic measures.

Keywords:

tourism development, state measures, structural changes,

PDF

___

Antunac, I. (2002). Mit o deviznoj potrošnji inozemnih turista (Myth of foreign currency consumption of foreign tourists). Ekonomski pregled, 53, 3–4.
Blečić, M. (2007). Tekuća privredna kretanja u Crnoj Gori (Current economic developments in Montenegro). Akcionar, 1, 36.
Dobre, R. (2005). Osnove turizma (Introduction to Tourism). Šibenik: College of Tourism Management.
Đurašević, S. (2014), Development of small businesses in tourism in the lake Skadar National park. Zbornik geografskog instituta “Jovan Cvijic”, 64(3), 311–328.
Gereffi, G. (2014). Global value chains in a post-Washington Consensus world. Review of International Political Economy, 21(1), 9–37.
Gereffi, G. (2015). Global value chains, development and emerging economies. Vienna: United Nations Industrial Development Organization.
The Government of Montenegro. (2016). Program ekonomskih reformi Crne Gore za 2017 (Economic reform programme for Montenegro for 2017). Podgorica: The Government Printing Office.
The Government of Montenegro. (2018). Program ekonomskih reformi za Crnu Goru 2018-2020 (Economic reform programme for Montenegro 2018-2020). Podgorica: The Government Printing Office.
The European Commission. (2005). EU sectoral competitiveness indicators. Luxembourg: OPOCE.
The European Commission. (2011). EU Industrial Structure 2011 – Trends and Performance. Luxembourg: Publications Office of the European Union.
Mihailović, B. (2006). Prestrukturiranje i privatizacija (Restructuring and privatization). Podgorica: CPI.
The Ministry of Sustainable Development and Tourism of Montenegro (2008). Strategija razvoja turizma Crne Gore do 2020. godine (The Tourism Development Strategy of Montenegro by 2020). Podgorica: The Government Printing Office.
The Ministry of Sustainable Development and Tourism of Montenegro (2016). Zakon o turizmu i ugostiteljstvu Crne Gore (Law on Tourism and Hospitality of Montenegro). Podgorica: The Government Printing Office.
The Ministry of Sustainable Development and Tourism of Montenegro, Izvještaj o poslovanju hotelijerstva u Crnoj Gori u 2013 (Hotel Industry Survey Montenegro 2013), www.gov.me/ResourceManager/FileDownload.aspx?rId=172115&rType=2, [Accessed 2018, August 20].
Bošković, T. (n.d.). Turizam kao faktor privrednog razvoja (Tourism as a factor of economic development), Škola Biznisa, 1, 23-28. Retrieved from: http://www.vps.ns.ac.rs/SB/2009/2.3.pdf
Skribane, I. & Jekabsone, S. (2014) Structural Weaknesses and Challenges of the Economic Growth of Latvia. Socialiniai tyrimai / Social Research, 1(34), 74–85.
The World Travel & Tourism Council. (2017). Travel & Tourısm Economıc Impact 2017, Montenegro. Retrieved from: https://www.wttc.org/-/media/files/reports/economic- impact-research/countries-2017/montenegro2017.pdf
The World Travel & Tourism Council. (2005). Economic research of travel and tourism for 2005. Retrieved from: http://www.mrt.gov.me/file/ United Nations. (1992). Agenda 21 – Rio Declaration – Forest Principles. Retrieved from: https://www.dataplan.info/img_upload/7bdb1584e3b8a53d337518d988763f8d/agenda21-earth-summit-the-united-nations-programme-of-action-from-rio_1.pdf
Unković S. & Zečević, B. (2011). Ekonomika Turizma (Economics of tourism). Belgrade: CID.
Vukotić, V. (2001). Makroekonomski računi i modeli (Macroeconomic accounts and models). Podgorica: CID.
http://www.bankar.me/2018/06/07/novih-880-smjestajnih-jedinica-sa-cetiri-i-pet-zvjezdica-u-crnoj-gori/ [Accessed 2018, August 21].
https://www.monstat.org/cg/ [Accessed 2018, August 19].