GEOLINKS International Conference 2021, Book 2

ENVIRONMENTAL ECONOMICS

LATVIAN THEME PARK DEVELOPMENT IN KURZEME AND VIDZEME

Dr.hab.oec. Professor Baiba Rivza, Mag. Management Uldis Plumite

ABSTRACT

The economy of Latvia is experiencing rapid development in the European Union and is an active participant of the United Nations and North Atlantic Treaty Organization. In recent years there have been several changes in both sectors and national economic policy. The total population in Latvia was estimated at 1.9 million inhabitants in 2019 and a total GDP per capita was 63% of the EU average, the lowest GDP per capita in purchasing power parity was recorded in Bulgaria - 46% of the EU average, Romania - 60% and Croatia - 62%. Lithuanian and Estonian GDP per capita in 2019 was accounted for 74% of the EU average. Latvia has more than 12 theme parks, but the amusement offer is small. Most of the theme parks are mostly located in Kurzeme and Vidzeme. Attraction Parks historically evolved near the big cities, where the infrastructure is highly developed. The aim is to increase the influx of tourists in regions where tourism products are amusement parks, thus developing more local businesses and the city's environment, increasing the demand for an active economic environment, but regional laws often hinder this development.

 

KEYWORDS

egional development, tourism, economics, economic of regional, theme park

REFERENCE
GEOLINKS International Conference, Conference Proceedings, ISSN 2603-5472, ISBN 978-619-7495-19-5, LATVIAN THEME PARK DEVELOPMENT IN KURZEME AND VIDZEME, 187-194 pp, DOI paper 10.32008/GEOLINKS2021/B2/V3/22