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Natural economic values of national parks in development of territorial communities

Alina Yakymuchuk

Анотація

Purpose: This study investigates the integration of natural economic values into territorial community development, focusing on the context of national parks.The purpose of the research is to examine how the preservation of natural economic values contributes to sustainable development while maintaining conservation goals.Design/methodology/approach: The methodology involves a combination of case studies, and economic valuation techniques to analyse the economic impact of national parks on local economies.The analysis was based on the official data of Statista published in 2010-2023, constituting a list of scientific publications.In the work on the assessment and valuation of the economic values of national parks, the authors used potential research methods that can also be used to study the integration of natural economic values with the development of territorial communities and the protection of national parks.Combining multiple methods provided a more comprehensive and nuanced understanding of the complex interactions between economic development and conservation in territorial community development.Findings: Findings reveal that the integration of natural economic values, such as ecotourism and sustainable resource use, enhances economic growth, job creation, and community wellbeing. Research limitations/implications:The implications of this study underscore the importance of stakeholder engagement and adaptive management for effective integration.Practical implications suggest the need for policy coordination, capacity building, and innovative incentive mechanisms to foster harmonious coexistence between economic development and conservation in national parks.Originality/value: The value of the article is in the analysis of economical values of national nature parks in the world.The presented study is a new concept for the interpretation territorial communities' development on the basis of estimation of national park's economical values, this might be a new direction in modern environmental policy.These results could be especially interesting for researchers whose studies are interdisciplinary.

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