Assessment of Tourism Impact on the Socio-Economic Spheres of the Issyk-Kul Region (Kyrgyzstan)

Abstract

Based on the quantitative assessment methodology, the study examined the socio-economic impact of tourism in the region. The study proposed and tested on the example of the Issyk-Kul region, as it is the most visited region of Kyrgyzstan. Accordingly, economic and social efficiency was estimated by the integral indicators formed at the use of the weight coefficients calculated on the statistical data, and the forecast for tourism development in the region. The study showed that the impact of tourism on economic and social growth in the Issyk-Kul region is positive. Tourism in the region as a whole supports the growth of the economy, and the economic sphere of tourism has a strong impact on the social. According to forecasts, tourism will have a stable growth trend. Unlike previous studies, this study promotes a new understanding of the socio-economic impacts of tourism in the region.