Consequences of the Pandemic COVID-19 on Transport and Tourism Cover Image

Consequences of the Pandemic COVID-19 on Transport and Tourism
Consequences of the Pandemic COVID-19 on Transport and Tourism

Author(s): Marija Lakićević, Danijela Pantović, Milica Žarevac Bošković
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: COVID-19 pandemic; Transport; Tourism; Economic consequences; New forms of tourism
Summary/Abstract: The global economic crisis was caused by the COVID-19 virus, the beginnings of which date back to December 2019. Is not an ordinary crisis, but belongs to the phenomenon that can only be compared to the crisis of 1929. Transport and tourism are among the economic sectors that were most affected by this crisis due to the quarantine measures that were present in all countries of the world. The complete lockdown caused by the COVID-19 virus prevented the movement of people and goods and thus completely prevented the functioning of traffic and tourism. The impossibility of traffic and tourism around the world contributed to a significant decrease in the income of these economic branches, as well as the gross social product at the national and global levels. The impact of the COVID-19 pandemic significantly encouraged the development of new forms of tourism as well as the expansion of rural tourism, eco-tourism, and wellness. The final consequences of the COVID-19 pandemic on transport and tourism will only be seen in the coming years.