The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey

Kudret GUL

doi:doi:10.11648/j.ijefm.20140204.11

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The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey

Kudret GUL

Published in International Journal of Economics, Finance and Management Sciences (Volume 2, Issue 4)

Received: 26 June 2014 Accepted: 11 July 2014 Published: 30 July 2014

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Abstract

Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in recent years, the effect of increase in domestic tourism demand has helped more stable and balanced structure to Turkish tourism. With the increase in personal income and economic stability in recent years, banking and finance system has a big impact on the increase in domestic tourism demand. Revision of the financial system in Turkey, the measures taken for the protection of consumers, contribution of financial institutions to funding touristic consumers, are playing an important role in these developments. In our study, the effect of the Turkey’s financial system on touristic consumption is investigated in the light of these developments. The study was performed by descriptive method for determining existing situation in Turkey.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 2, Issue 4)
DOI	10.11648/j.ijefm.20140204.11
Page(s)	231-239
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Touristic Consumption, Financial Institution, Credit Cards, Consumer Credits

References

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APA Style

Kudret GUL. (2014). The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey. International Journal of Economics, Finance and Management Sciences, 2(4), 231-239. https://doi.org/10.11648/j.ijefm.20140204.11

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ACS Style

Kudret GUL. The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey. Int. J. Econ. Finance Manag. Sci. 2014, 2(4), 231-239. doi: 10.11648/j.ijefm.20140204.11

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AMA Style

Kudret GUL. The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey. Int J Econ Finance Manag Sci. 2014;2(4):231-239. doi: 10.11648/j.ijefm.20140204.11

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@article{10.11648/j.ijefm.20140204.11,
  author = {Kudret GUL},
  title = {The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {2},
  number = {4},
  pages = {231-239},
  doi = {10.11648/j.ijefm.20140204.11},
  url = {https://doi.org/10.11648/j.ijefm.20140204.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20140204.11},
  abstract = {Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in recent years, the effect of increase in domestic tourism demand has helped more stable and balanced structure to Turkish tourism. With the increase in personal income and economic stability in recent years, banking and finance system has a big impact on the increase in domestic tourism demand. Revision of the financial system in Turkey, the measures taken for the protection of consumers, contribution of financial institutions to funding touristic consumers, are playing an important role in these developments. In our study, the effect of the Turkey’s financial system on touristic consumption is investigated in the light of these developments. The study was performed by descriptive method for determining existing situation in Turkey.},
 year = {2014}
}

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TY  - JOUR
T1  - The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey
AU  - Kudret GUL
Y1  - 2014/07/30
PY  - 2014
N1  - https://doi.org/10.11648/j.ijefm.20140204.11
DO  - 10.11648/j.ijefm.20140204.11
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 231
EP  - 239
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20140204.11
AB  - Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in recent years, the effect of increase in domestic tourism demand has helped more stable and balanced structure to Turkish tourism. With the increase in personal income and economic stability in recent years, banking and finance system has a big impact on the increase in domestic tourism demand. Revision of the financial system in Turkey, the measures taken for the protection of consumers, contribution of financial institutions to funding touristic consumers, are playing an important role in these developments. In our study, the effect of the Turkey’s financial system on touristic consumption is investigated in the light of these developments. The study was performed by descriptive method for determining existing situation in Turkey.
VL  - 2
IS  - 4
ER  -

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Author Information

Kudret GUL

Balikesir University Balikesir Vocational School Tourism Management Department, Balikesir, Turkey

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APA Style

Kudret GUL. (2014). The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey. International Journal of Economics, Finance and Management Sciences, 2(4), 231-239. https://doi.org/10.11648/j.ijefm.20140204.11

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ACS Style

Kudret GUL. The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey. Int. J. Econ. Finance Manag. Sci. 2014, 2(4), 231-239. doi: 10.11648/j.ijefm.20140204.11

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AMA Style

Kudret GUL. The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey. Int J Econ Finance Manag Sci. 2014;2(4):231-239. doi: 10.11648/j.ijefm.20140204.11

Copy | Download

@article{10.11648/j.ijefm.20140204.11,
  author = {Kudret GUL},
  title = {The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {2},
  number = {4},
  pages = {231-239},
  doi = {10.11648/j.ijefm.20140204.11},
  url = {https://doi.org/10.11648/j.ijefm.20140204.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20140204.11},
  abstract = {Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in recent years, the effect of increase in domestic tourism demand has helped more stable and balanced structure to Turkish tourism. With the increase in personal income and economic stability in recent years, banking and finance system has a big impact on the increase in domestic tourism demand. Revision of the financial system in Turkey, the measures taken for the protection of consumers, contribution of financial institutions to funding touristic consumers, are playing an important role in these developments. In our study, the effect of the Turkey’s financial system on touristic consumption is investigated in the light of these developments. The study was performed by descriptive method for determining existing situation in Turkey.},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey
AU  - Kudret GUL
Y1  - 2014/07/30
PY  - 2014
N1  - https://doi.org/10.11648/j.ijefm.20140204.11
DO  - 10.11648/j.ijefm.20140204.11
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 231
EP  - 239
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20140204.11
AB  - Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in recent years, the effect of increase in domestic tourism demand has helped more stable and balanced structure to Turkish tourism. With the increase in personal income and economic stability in recent years, banking and finance system has a big impact on the increase in domestic tourism demand. Revision of the financial system in Turkey, the measures taken for the protection of consumers, contribution of financial institutions to funding touristic consumers, are playing an important role in these developments. In our study, the effect of the Turkey’s financial system on touristic consumption is investigated in the light of these developments. The study was performed by descriptive method for determining existing situation in Turkey.
VL  - 2
IS  - 4
ER  -

Copy | Download