ECONOMIC IMPLICATIONS OF INTERNATIONAL TOURISM ON TURKISH ECONOMY.docVIP

MunichPersonalRePEcArchive Economic Implications of International Tourism on Turkish Economy MustafaAkal UniversityofSakarya 3. April2009 Onlineathttp://mpra.ub.uni-muenchen.de/25197/ MPRAPaperNo. 25197,posted21. September201013:48UTC  TOURISMOS: AN INTERNATIONAL MULTIDISCIPLINARY JOURNAL OF TOURISM Volume 5, Number 1, Spring 2010, pp. 131-152 ECONOMIC IMPLICATIONS OF INTERNATIONAL TOURISM ON TURKISH ECONOMY Mustafa Akal1 University of Sakarya This study outlines, with a review of earlier studies, the effects of international tourism by showing developments in tourism-related economic parameters and discusses the implications of such tourism on the economy of Turkey. It asks how far international tourism contributes to the economic growth and development of Turkey; how far the country fully values its tourism potential by varying the focus of tourism facilities beyond the sun-sea-sand type of tourism, in order to lead to development of the industry countrywide and contribute further to economic growth; and other positive and negative effects of international tourism on the economy. Keywords: International tourism, economics, implications, Turkey. INTRODUCTION Like other countries Turkey gives special emphasis to international tourism due to its contributions to the economy. International tourism generates both macro and micro economic effects. Among the latter, international tourism improves the quality of labour employed in the industry, uses sources efficiently under high competition, benefits from scale economies and develops new facilities adapted to international standards and demand and supply in the tourism sector. The macroeconomic effects of international tourism are a weightier consideration: these include foreign export demand for domestic goods and services, generating foreign currency ear