Benefits of Creating a Music and Arts Festival in Tbilisi, Georgia: Increasing...

ABSTRACT: Music festivals function all over the realism and affect their local economies immensely. A handful of small-scale urban cities rely heavily on festivals in order to chevvy their annual economy due to the intense demand for workers, the sponsorship of two local and global businesses, and the extreme rise of tourism. This paper bequeath discuss how harmony festivals hurt boosted the economies for some(prenominal) cities throughout the world, and give use these cities as models to show how the creation of an international music festival will benefit the rise of tourism in Tbilisi, Georgia (a pullulateing urban city in the post-soviet era). drawing HISTORY: Before beginning the discussion of how music festivals have influenced urban cities internationally, it is important to understand why Tbilisi, Georgia is creation targeted as the case study. In order to do so, an pinch of the citys history just after the let out of the Soviet Union is necessary. In an article written by Gia Jandieri, the vice president of the New Economic School of Tbilisi, he writes that the fall of the Soviet Union resulted in a rattling difficult period for the economies of the various entities that had made up the designer Soviet Union.

The disintegration of sparing entities, whole territorial units and precedent Soviet republics caused hundreds of thousands of factories to cease their operations and millions of people to lose their jobs resulting in huge numbers of people having to change their professions and places of work, and to develop refreshing skills. The still-functioning economic institutions of the different territorial units and republics of the former Soviet Union, such(prenominal) as energy supply companies, tried to avoid co-operation and develop more exports instead of continuing to supply one another. The economic system was also shaken by hyperinflation, which caused both individuals and many small and medium-sized factories to go bankrupt (Georgias Economic Reforms, Jandieri, 2009). Therefore,... If you regard to get a full essay, order it on our website: Orderessay

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