INSTITUTIONAL BARRIERS IN ACHIEVING THE STRATEGY FOR SUSTAINABLE TOURISM (CASE: MONTENEGRO)

Rade Ratković; Milica Šoć Radak

Rade Ratković Faculty of Business and tourism, Budva
Milica Šoć Radak Faculty of Business and tourism, Budva

Keywords: mixed- use resorts, second homes, accommodation industry, sustainable tourism, ecology, development strategy

Abstract

Sustainable tourism is in the basis of modern tourism development strategies. It is acceptable only development which is located at the interception of circles consisted of: environmental sustainability, economic sustainability and social sustainability. Countries in transition and in the immediate post-transition period, as shown in researches, suffer from underdevelopment of institutions or from their dysfunctions. This usually results in a failure to achieve sustainable development strategy. Development in general, and in this context the development of tourism, in addition to valid strategies, it depends on the functionality of the following institutions: free and adequately regulated market, an entrepreneurial structure in tourism and their ability to manage the development of tourism organization at destination level, national tourism and accompanying policy and, in particular urban policy. Institutional barriers, actually their impact on realization of sustainable tourism development strategies, are being investigated in the case of small tourist country such as Montenegro, where tourism is high on economic and social priorities list.

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