Vol 8, No 1 (2020)

Rural Capital in Small Villages: An Analysis of Selected Rural Areas in Eastern Serbia and North Macedonia

Nikola Dimitrov, Aleksandra Terzić, Biljana Petrevska

Abstract

This study supports previous discussions for introducing tourism as an alternative for small rural economies. The focus is put on an in-depth analysis of rural capital in several selected villages in Eastern Serbia and North Macedonia, which have well preserved natural environment, traditional ambience, local organic food and gastronomic dishes, tranquility and stress free experiences. So, selected villages have rural livelihoods that possess capabilities, assets (both, material and social resources) as well as activities required for providing basic means of living in rural communities. With a solid rural capital, the study argues that rural tourism may be encouraged in sampled rural locations in Eastern Serbia and North Macedonia.

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Keywords

Rural tourism; Capital; Tourism development.

Publication information

Volume 8, Issue 1
Year of Publication: 2020
ISSN: 1857 - 8721
Publisher: EDNOTERA

How to cite

Dimitrov, N., Terzić, A., Petrevska, B.: Rural Capital in Small Villages: An Analysis of Selected Rural Areas in Eastern Serbia and North Macedonia. Journal of Applied Economics and Business, Vol 8, No. 1, 18-26. (2020)