Abstract

This paper aims to develop approaches to accounting for recreational assets in the input-output model based on the analysis of the dynamics of their structure, as well as the structure of intermediate consumption of recreational services, on the example of intersectoral balance of Ukraine during 2012-2018. Based on forecasting the dynamics of indicators such as gross value added, consumption of fixed capital, net operated surplus, etc., optimistic and pessimistic scenarios for the development of recreation (arts, sports, entertainment and leisure) in Ukraine are identified, taking into account the factors of natural asset and the coronavirus pandemic. In particular, the net export indicator is expected to increase due to the restriction of international tourist arrivals and the formation of the domestic market of recreational services on the basis of inclusive sustainable development. Herewith, recreational and tourist enterprises have the following guidelines: security, quality, comfort, effectiveness of asset use. The expediency of state support is seen in the redistribution of the share of accounted natural assets between agriculture, forestry, fisheries and recreation, as well as in changing the structure of assets and intermediate consumption by reducing the share of public administration and increasing the share of other sectors, especially healthcare. The proposed organizational and economic measures complement the Strategy for the development of tourism and resorts for the period up to 2026 in Ukraine.

Highlights

  • Activization and expansion of recreational activity is one of the promising areas of sustainable development: effectively organized recreation and wellness of the population perform economic, social and ecological functions, as well as contribute to the formation of a healthy nation and the well-being of future generations

  • In the context of inclusive sustainable development, the recreational sector has economic, environmental and social, as prioritized, targeted aspects, that requires further explanation: the needs of the population in health and recreation, which have increased under the influence of COVID-19, are of paramount importance for the state; the conceptual connection of recreation with nature components is a prerequisite for increasing the role of environmental and natural-resource factors in the functioning and development of organized recreation; sustainability and support of recreation and tourism infrastructure is provided by the economic side of recreation as an important sector of the national economy

  • Recreation in its combination with the economy of natural resources requires an inclusive approach within the concept of sustainable development: social inclusion means the formation of recreational services within a recreational product available to all segments of the population, regardless of individual income; nature-ecological inclusion implies wide involvement of components of nature in the sphere of organized recreation and counteraction to various types of pollution of the recreational environment; economic inclusion means providing equal opportunities for those sectors of the national economy, the basis of the functioning and development of which, along with financial investment and human and social capital are natural resource assets

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Summary

Introduction

Activization and expansion of recreational activity is one of the promising areas of sustainable development: effectively organized recreation and wellness of the population perform economic, social and ecological functions, as well as contribute to the formation of a healthy nation and the well-being of future generations. The relationship between recreation and the environment has a bilateral nature: on the one hand, effective recreation is impossible without quality ecosystem services and, on the other hand, ecologically oriented recreation has minimal impact on the environment compared to other types of socio-economic activities. In the United States, one of the most developed economies in the world, the outdoor recreational product in 2017 was 2.2% of GDP (U.S Bureau 2019). In the structure of GDP of Ukraine, that is a developing economy, recreational product for the specified period was 0.4% (State 2018). A developed market for recreational services helps to support the protection of ecosystems that attract nature tourism (Hjerpe 2018; Singgalen et al 2019)

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