The role of the tourism industry in the socio-economic development of the North Caucasus Federal District
Abstract. The article considers the role and significance of the tourism industry in the socio-economic development of the North Caucasus Federal District, improving the standard of living of the population of this region. As a result of the analysis, the possible effect, both budgetary and social, that can be obtained by activating and increasing the volume of the tourism services market is presented. It is noted that tourism in the region should be developed through the implementation of a cluster policy and the provision of a wide range of tourism services, as well as the provision of a comprehensive product that meets modern world standards.
Keywords: tourism, tourism cluster, North Caucasus Federal District, tourism industry, tourism product.
Highlights:
- the basis for sustainable development of the tourism industry in the North Caucasus Federal District should be cluster policy;
- the role of the tourism industry in the socio-economic development of the North Caucasus Federal District is expressed in three effects - social, budgetary and economic;
- to reveal the tourism potential, it is necessary to structure the tourism cluster by types of tourism, attract new residents of the cluster by providing various benefits, including preferential loans, preferential land lease, etc.
Oksana R. Tegetaeva - Financial University under the Government of the Russian Federation, Vladikavkaz branch, Vladikavkaz, Russia