Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)

The Impact of Participation in the Belt and Road Initiative on the Tourist Flows

Authors
Artur Kuchumov, Yana Testina
Corresponding Author
Artur Kuchumov
Available Online 30 March 2020.
DOI
10.2991/aebmr.k.200324.010How to use a DOI?
Keywords
People’s Republic of China, One Belt One Road, the Belt and Road Initiative, economics, tourism
Abstract

The article discusses the changes taking place in the geo-economics of Eurasia associated with the creation of the People’s Republic of China One Belt One Road initiative in 2013. These changes are linked with globalization, increased export-import dependence and with the forecast of an increase in mutual tourist flows between the countries involved in the program. We present potential problems and development perspectives of One Belt One Road initiative and investigate the impact of participation in the Belt and Road Initiative on the economy and tourism industry of the Russian Federation. The relevance of the topic lies in the fact that there are differences in socio-demographic, political, economic, natural-geographical and other conditions in most regions of Russia and other countries implementing the program “One Belt One Road”, which excludes a unified approach to the development of tourism there. These differences require a sound policy of socio-economic development based on a differentiated approach to different types of regions, depending on their level of economic maturity, social and environmental situation, and specialization. Tourism is inherently linked to specific resources, natural and geographical factors, regional characteristics and therefore needs a broad decentralized organization, primarily on a regional basis, which, however, is supposed to implement the same concept of increasing reciprocal tourist flows. The scientific justification of the development of tourism under the One Belt One Road program involves solving the problem of integrated development of infrastructure support for regional tourism and hospitality systems. This article proposes a solution to the lack of sound methods for estimating its level of development, due to the lack not only of adequate tools, but also of a statistical base that allows to obtain up-to-date information. An information base has been developed to monitor, assess and rank regions to determine whether the level of funding for tourism infrastructure development is optimal.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
30 March 2020
ISBN
10.2991/aebmr.k.200324.010
ISSN
2352-5428
DOI
10.2991/aebmr.k.200324.010How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Artur Kuchumov
AU  - Yana Testina
PY  - 2020
DA  - 2020/03/30
TI  - The Impact of Participation in the Belt and Road Initiative on the Tourist Flows
BT  - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
PB  - Atlantis Press
SP  - 51
EP  - 57
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200324.010
DO  - 10.2991/aebmr.k.200324.010
ID  - Kuchumov2020
ER  -