PROSPECTS FOR DEVELOPMENT OF RESTAURANT BUSINESS IN AGRARIAN AND INDUSTRIAL STATE

Authors

DOI:

https://doi.org/10.35774/jee2019.04.466

Keywords:

Restaurant business, services, solvent demand, foreign direct investment, labor productivity.

Abstract

The role of the service sector in the development of the national economy of the country is substantiated. It is proved that the artificial cultivation of the service sector in the conditions of degradation of the branch structure and the reduction of effective aggregate demand can not bring it into the rank of the engine of economic development. Methodologically substantiated the author's position regarding the synergy of the level of household income, the structure of their expenditures, the investment attractiveness of the country and the productivity of its economy. The direct-to-person segment of the service sector is also characterized by technological and technological innovation, which is reflected in the deepening of personalization of the provision of catering services.

JEL: D1, О14.

Author Biography

Yuriy GUMENYUK, Ternopil National Economic University

Doctor of Economic Sciences, Associate Professor, Head of the Department of International Tourism and Hospitality

References

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Published

24.02.2020

How to Cite

GUMENYUK, Yuriy. “PROSPECTS FOR DEVELOPMENT OF RESTAURANT BUSINESS IN AGRARIAN AND INDUSTRIAL STATE”. Journal of European Economy, vol. 18, no. 4, Feb. 2020, pp. 466-77, doi:10.35774/jee2019.04.466.