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CULTURE AS FACTOR OF ECONOMIC DEVELOPMENT

Doris Louise Popescu
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Doris Louise Popescu: Lucian Blaga University of Sibiu

Revista Economica, 2019, vol. 71, issue 4, 117-123

Abstract: Although fundamental, for a long time, the role of culture in society has been diminished, priority being given rather to the economic sphere, considered as the sole holder of sources generating wealth. As awareness of the multiple implications of the cultural aspects occurred, the culture was reconsidered. In parallel, there was a re-evaluation of the culture/economy relationship, the synergy created from their interaction bringing mutual benefits to them and to the society as a whole. This also explains the success of today's cultural tourism, one of the expanding tourist markets. Under what aspect does culture contribute to the economic development? To what extent do the economy/tourism contribute to the support of the culture? What is the potential of tourism and especially of cultural tourism? There are queries on which the present study focuses.

Keywords: culture; economy; cultural tourism (search for similar items in EconPapers)
JEL-codes: Z3 Z39 (search for similar items in EconPapers)
Date: 2019
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