Global risks and tourism industry in Turkey
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Global risks and tourism industry in Turkey Ali Asgary1,2 · Ali Ihsan Ozdemir2
© Springer Nature B.V. 2019
Abstract This study applies the World Economic Forum’s global risk report methodology at a country and industry specific level to understand how the national as well as the industry contexts and conditions affect perceptions of the global risks, using the case of tourism industry in Turkey. Data was collected from a sample of respondents involved in tourism industry through an online questionnaire. Findings shows that significant variances exist between the perceived likelihoods and impacts of global risks and their ranks at the global and the country/industry levels. These findings demonstrate that for country level actors at specific industries such as tourism the global risks can be viewed and evaluated differently. Particularly, the global economic risks and the global geopolitical risks are perceived by the respondents to be more likely to occur and have more impacts compared to the global environmental and technological risks. Subsequently, the rankings of the risks and the top five risks are also very different between the global and the country/industry specific levels. Considering the importance of tourism for the global and national economies, it is important that global risks are analyzed and monitored at national and regional levels. This will provide policy and decision makers with more information to manage the risks and tourism industry based on the interrelationships that exist between the global risks and the tourism. Keywords Global risks · Tourism · Turkey · Risk assessment · Risk matrix
1 Introduction The international community is facing with many risks and complex and interrelated political, social and environmental trends such as urbanization, aging population, environmental degradation, cyber dependency (de Amorim et al. 2018; World Economic Forum 2019). If these risks are not analyzed, assessed and managed properly and these trends continue with * Ali Ihsan Ozdemir [email protected] Ali Asgary [email protected] 1
Disaster and Emergency Management, School of Administrative Studies, York University, 4700 Keele Street, Toronto, ON M3J 1P3, Canada
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Business Administation Department, Ankara Yıldırım Beyazıt University, Business School, Esenboğa Campus, Ankara, Turkey
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A. Asgary, A. I. Ozdemir
their current pace, they can create major challenges for the global community. Everything else remains constant, just because the global population is rising, these risks will also rise. With 8.5 billion population most of them living in urban areas subject to many different hazards, the risk will be higher in 2030 than today and much higher in 2050 when the world population is estimated to reach to 9.7 billion (UN 2015). World Economic Forum (WEF) has been monitoring, analyzing and reporting a list of 30 global risks using a survey of about 1000 global players and stakeholders since 2005. World Economic Forum (2019) defines the global risk as “an uncertain eve
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