The contribution of global tourism to GDP increased to 10%, and significantly affected the actuality of transitioning the tourism sector from ‘take-make-dispose’ models to a circular economy. The study explores how artificial intelligence and blockchain are evolving beyond speculative trends into tangible macroeconomic drivers. Within a narrative literature review and conceptual analysis, it is examined how these technologies impact productivity, change labour market demands, and affect monetary frameworks. The paper addresses the scientific problem on how artificial intelligence and blockchain strengthen circularity in the development of sustainable tourism from a macroeconomic perspective. Consequently, the purpose of the study is to analyse the effects of digitalisation on economic productivity, labour market dynamics and monetary policy through the lens of the circular economy. Also, the study highlights the fact that interrelatedness between digitalisation and macroeconomic dynamics has the long-term sustainability potential of implementing digital technologies in sustainable tourism circularity.
This literature review study investigates the digital transformation of the financial ecosystem in Serbia and Ukraine in the context of their integration pathway to the European Union. The methods employed in the research include literature analysis, systematic synthesis, thematic analysis, and a comparative case study approach. The study begins within a comprehensive theoretical analysis of the financial ecosystem and its components. Then there is an analysis of the digital transformation occurring in Ukraine’s financial ecosystem, while concurrently discussing and analysing the digital transformation of Serbia’s financial ecosystem. The analysis is followed by the comparative approach to shared opportunities and common challenges encountered by both countries in their digital transformation journey, showing the complexities of European integration for developing countries, and highlighting the long-term sustainable role of digitalising financial ecosystems. The study aims to pinpoint specific strategies, successes and obstacles encountered during this transformative process, offering insights into policy development and future integration efforts.
This article analyses the theoretical foundations of consumer choice and equilibrium, emphasising the multifaced factors that influence consumer behaviour. Key factors such as individual preferences, income levels, pricing of goods and services, social media trends, advertising strategies, brand perception, and cultural influences are examined. The study aims to provide a comprehensive theoretical analysis of consumer choice theory, while identifying constraints like budget limitations, price fluctuations and substitution effects that impact decision-making. Furthermore, it explores consumer equilibrium within economic theory and its interplay with
various influencing variables. Recent market trends are investigated through scientific methodologies related to preferences, utility maximisation, income changes, and behavioural economics. Finally, the findings are contextualised within the sustainable tourism sector. This research contributes to a deeper understanding of consumer dynamics in contemporary markets, and offers insights for policymakers and businesses aiming for sustainability in their practices.
Economic sustainability based on the triple bottom line is not new, but topical in the scientific discussion on the development of economic growth. International organisations globally, together with governments, budget an increase in funding for education as the main tool for sustainable annual economic growth. On the other hand, it is difficult to measure the outcome of financial effort, as it is an intangible asset. The current research is based on interviews with 20 professors and 20 students at Klaipėda University and LCC International University, to learn how they understand their role in economic development, and to verify the dependency of their desire to contribute more to their awareness. The findings of the qualitative research show that productivity by both students and educators depends on their awareness of their economic role. On the other hand, as the study shows the limitation of participants’ perception of their economic role, its promotion is suggested.