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What is Subsidy

Chapter 30
Handbook of Research on the Impacts and Implications of COVID-19 on the Tourism Industry
It’s money granted by the government or state to fund private sector.
Published in Chapter:
COVID-19 Policy Actions for the Recovery of the Tourism Industry and a Discussion for the Post-COVID Era
Burcu Turkcan (Ege University, Turkey)
Copyright: © 2021 |Pages: 18
DOI: 10.4018/978-1-7998-8231-2.ch030
Abstract
The COVID-19 pandemic has changed the world, and a new normal has some new rules including travel restrictions, social distancing, contactless technologies, and health and hygiene protocols. The post-COVID era will witness transformations in the tourism industry, and discussions about new policies and actions will be critical. In this context, the main aims of this study are twofold. The first aim is analyzing the policy actions of different countries for the recovery of tourism industry during COVID-19 pandemic. And the second aim is making a comprehensive discussion about the actions that should be taken in the post-COVID period. In this sense, the main contribution of this study is expected to be on the point that the enhanced discussion will shed light on the tourism recovery for the analysts, academics, and policymakers.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Chapter 1
State Institutions of Financial Support for Small Business in Volatile Economies: Possible Application of Russian Experience in Ghana
A benefit or support given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax burden reduction.
Published in Chapter: State Institutions of Financial Support for Small Business in Volatile Economies: Possible Application of Russian Experience in Ghana; From: Strategy and Superior Performance of Micro and Small Businesses in Volatile Economies
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Chapter 5
Isolated Territories and Infrastructure Development: A Case for Land Transportation Investment in Madagascar
Money or benefits given to a company or an institution by the government when the government believes the services given by this company are of advantage for most of the public.
Published in Chapter: Isolated Territories and Infrastructure Development: A Case for Land Transportation Investment in Madagascar; From: Interdisciplinary Approaches to the Future of Africa and Policy Development
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Chapter 3
Financial Impacts of COVID-19 on Tourism: Evidence From Some Listed Companies
Subsidies are direct (cash payments) or indirect (low-interest loans or tax breaks) financial aid or benefits usually provided by the government to support businesses.
Published in Chapter: Financial Impacts of COVID-19 on Tourism: Evidence From Some Listed Companies; From: Handbook of Research on the Impacts and Implications of COVID-19 on the Tourism Industry
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 9
Local Government Development in the Czech Republic: Dilemmas and Challenges
A central government payment to encourage specific local government activities or expenditures or to pursue various policy objectives at the local level. They are usually earmarked - these funds must be used for a purpose (goods, property, service, program) decided by the relevant authority other than the government concerned.
Published in Chapter: Local Government Development in the Czech Republic: Dilemmas and Challenges; From: Handbook of Research on Global Challenges for Improving Public Services and Government Operations
Full Text Chapter Download: US $37.50 Add to Cart
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