Leveraging cultural and creative sectors for development in the European Union outermost regions
Oecd
No 2023/21, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing
Abstract:
This report assesses the current state and future potential of cultural and creative sectors (CCS) in the nine outermost regions of the European Union (EU): Guadeloupe, French Guiana, Martinique, Mayotte, Réunion, and Saint Martin (France); the Azores and Madeira (Portugal); and the Canary Islands (Spain). Global trends, such as increases in cultural tourism, trade in creative goods and services, and FDI in CCS offer significant opportunities for EU outermost regions to expand their cultural and creative sectors, promote synergies with tourism and help drive job creation. In addition, CCS policies can also boost well-being outcomes and social cohesion through preserving and promoting local cultural heritage and encouraging cultural participation. CCS policy which capitalises on these global trends, whilst recognising the specific context of EU outermost regions, could help promote these areas and contribute to local development.
Keywords: Creative industries; development; EU outermost regions (search for similar items in EconPapers)
JEL-codes: O1 Z1 (search for similar items in EconPapers)
Date: 2023-11-28
New Economics Papers: this item is included in nep-cul and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2023/21-en
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