The Effects of Fiscal Policy to the Development of Tourism Sector: Evidence into Greek Economy during the Period 2010-2016

Dr. Stamatis Kontsas

Abstract: The purpose of this paper is to examine the effects of fiscal policy into tourism sector in Greek Economy.This analysis consists a very crucial period for Greece and its economy, the period under a deep economic recession, based on social and economic problems. This paper suggests three scenarios. Scenario A includes estimated GDP development, had economic policy not been derailed in Jan-Jul 2015. Scenario B includes estimated GDP development of early completion of first assessment (March 2016) and without imposition of additional unnecessary fiscal measures in 2016. Scenario C includes estimated GDP development following the delayed completion of the first assessment and the imposition of additional fiscal measures of € 5.4 billion. Jel codes: O20, O23, Z32, Z38 Keywords: Fiscal Policy, Tourism Sector, Greek Economy. Title: The Effects of Fiscal Policy to the Development of Tourism Sector. Evidence into Greek Economy during the Period 2010-2016 Author: Dr. Stamatis Kontsas International Journal of Social Science and Humanities Research ISSN 2348-3164 (online), ISSN 2348-3156 (Print) Research Publish Journals

Vol. 4, Issue 4, October 2016 – December 2016

Citation
Share : Facebook Twitter Linked In

Citation
The Effects of Fiscal Policy to the Development of Tourism Sector: Evidence into Greek Economy during the Period 2010-2016 by Dr. Stamatis Kontsas