The Economics of Cultural Policy
Cultural policy is changing. Traditionally, cultural policies have been concerned with providing financial support for the arts, for cultural heritage and for institutions such as museums and galleries. In recent years, around the world, interest has grown in the creative industries as a source of innovation and economic dynamism. This book argues that an understanding of the nature of both the economic and the cultural value created by the cultural sector is essential to good policy-making. The book is the first comprehensive account of the application of economic theory and analysis to the broad field of cultural policy. It deals with general principles of policy-making in the cultural arena as seen from an economic point of view, and goes on to examine a range of specific cultural policy areas, including the arts, heritage, the cultural industries, urban development, tourism, education, trade, cultural diversity, economic development, intellectual property and cultural statistics.
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This is a breakthrough book - complex concepts presented with crystal clarity. Throsby's formula for balancing the economic value and cultural value of arts assets and production will become the foundation of arts policy in the future in a smarter world.
2 The scope of cultural policy
3 The policy process
4 Arts policy
5 Cultural industries
6 Cultural heritage
7 Culture in urban and regional development
9 Culture in the international economy
10 Cultural diversity