<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The article analyses the impact of coronavirus COVID-19 on the rural territories’ condition and shifts which faced the countryside’s economy in conducting business. Using the tools of economic and mathematical modeling (based on correlation-regression), analysis of the impact of the indicator “market related expenditure and direct aids” (MREDA) on “rural development expenditure” (RDE) was made. The correlation between the indicator “financial framework total” (FFT) and MREDA was studied. It was found that tourism has a high potential to revitalize rural business and infrastructure the development of which were hardly hit by pandemic and suffer from the effects of crises caused by it. A structural scheme improving rural development by tourism promotion through financial and credit stimulation of tourist activity in rural areas was elaborated. It also details in blocks a tool for solving problems from the economic, legal, social and informational point of view.</p>
</abstract>

The article analyses the impact of coronavirus COVID-19 on the rural territories’ condition and shifts which faced the countryside’s economy in conducting business. Using the tools of economic and mathematical modeling (based on correlation-regression), analysis of the impact of the indicator “market related expenditure and direct aids” (MREDA) on “rural development expenditure” (RDE) was made. The correlation between the indicator “financial framework total” (FFT) and MREDA was studied. It was found that tourism has a high potential to revitalize rural business and infrastructure the development of which were hardly hit by pandemic and suffer from the effects of crises caused by it. A structural scheme improving rural development by tourism promotion through financial and credit stimulation of tourist activity in rural areas was elaborated. It also details in blocks a tool for solving problems from the economic, legal, social and informational point of view.

RURAL DEVELOPMENT IN THE EUROPEAN UNION THROUGH TOURISM POTENTIAL

Doctor of Economics, Professor, Ternopil Ivan Puluj National Technical University

PhD in Economics, Associate Professor, Ternopil Ivan Puluj National Technical University

PhD in Economics, Associate Professor, West Ukrainian National University

Management Theory and Studies for Rural Business and Infrastructure Development

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"RURAL DEVELOPMENT IN THE EUROPEAN UNION THROUGH TOURISM POTENTIAL"}

The article analyses the impact of coronavirus COVID-19 on the rural territories’ condition and shifts which faced the countryside’s economy in conducting...

RURAL DEVELOPMENT IN THE EUROPEAN UNION THROUGH TOURISM POTENTIAL

Article Category: Artikel

Pubblicato online: 30 dic 2021

Pagine: 555 - 561

Ricevuto: 20 set 2021

Accettato: 13 ott 2021

DOI: https://doi.org/10.15544/mtsrbid-2021-50

Parole chiave
agricultural policy, economic damage, rural tourism, region, correlation-regression analysis, incentives

© 2021 Author(s), published by Vytautas Magnus University

This work is licensed under the Creative Commons Attribution 4.0 International License.

RURAL DEVELOPMENT IN THE EUROPEAN UNION THROUGH TOURISM POTENTIAL

Article Category: Artikel

Pubblicato online: 30 dic 2021

Pagine: 555 - 561

Ricevuto: 20 set 2021

Accettato: 13 ott 2021

DOI: https://doi.org/10.15544/mtsrbid-2021-50

Parole chiaveagricultural policy, economic damage, rural tourism, region, correlation-regression analysis, incentives

© 2021 Author(s), published by Vytautas Magnus University

This work is licensed under the Creative Commons Attribution 4.0 International License.

Parole chiave
agricultural policy, economic damage, rural tourism, region, correlation-regression analysis, incentives