INSTITUTIONAL ENVIRONMENT AS AN IMPORTANT PREREQUISITE OF DEVELOPMENT OF RECREATIONAL AND TOURIST SPHERE
The objectives of this article are to determine the essence and structure of the institutional environment, as well as to study its impact on the formation and activities of recreation and tourism in Ukraine.
The article reveals the essence of the institutional environment from different points of view. The formal and informal institutions are defined and their role is highlighted. Considerable attention is paid to the analysis of normative legal acts and state electronic resources of a number of foreign countries.