Creative economy as a resource for specific local developments

Ismail Erturk, Pascal Petit

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This paper will critically discuss the emergence of the concept and practice of creative economy as an economic growth model to be applied across the board of all contemporary economies but will investigate the relevance of the notion f creative activities for the development of local areas which are relatively isolated and deprived of tradable natural resources.
First a genealogy of the concept of creative economy through definitions and measurements in various national and international examples will be constructed, with special references to the debates on cultural and creative industries at international institutions like UNESCO and UNCTAD.
Second policies regarding creative industries will be assessed based on the type of international interventions under examination ( be it foreign direct investment or migration flows) and the kind of cultural and human capital these areas have benefited from (including digital literacy). The performativity of such policies may have to consider a more comprehensive accounting of economic development, taking on board the dimensions of well being that are stressed in the ‘Beyond GDP’ debates.
Third the performativity of cultural and creative industries in some areas that are isolated and deprived from natural resources but enjoying touristic appeal and good migration flows with remittances from diaspora (as is the case with most of Caribbean countries) will be analysed.
Original languageEnglish
Title of host publicationTheory and Method of Evolutionary Political Economy
Subtitle of host publicationA Cyprus Symposium
EditorsHardy Hanappi, Savvas Katsikides, Manuel Scholz-Wäckerle
Place of PublicationOxon
PublisherRoutledge
Pages9-23
Number of pages15
ISBN (Electronic)9781315470214
ISBN (Print)9781138204096
Publication statusPublished - 19 Jan 2017

Publication series

NameRoutledge Advances in Heterodox Economics series

Keywords

  • Creative economies, cultural policy, geographies, mobilities, capitals
  • Regional development
  • economic policy
  • Creative industries
  • UNCTAD
  • Innovation policy

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