Why Can’t You Fly Anymore? Italian and French Declining Creativity and Growth

Giorgio Brosio ()
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Giorgio Brosio: Universita’ di Torino

Homo Oeconomicus: Journal of Behavioral and Institutional Economics, 2016, vol. 33, issue 4, No 6, 347 pages

Abstract: Abstract Creativity has largely decreased in France and Italy, as in most European countries, in the last decades. Decline in economic performance paralleled the decline in creativity, although there is no strict, immediate ascending and descending relationship between the two trends. These comments to Phelps aim at contributing to the analysis of the link between creativity and growth by singling out policies that can enhance aspects of creativity most suitable to stimulate growth. Focus is on redirecting public spending for culture from fruition to creation, on less protecting education policies and, finally on mastering of today’s lingua franca, English, by most segments of society. In general, the young generations need to play a more decisive role in devising and implementing policies that challenge the untenable status quo.

Keywords: Declining growth; Creativity; ‘O1 Economic development; O35 Social innovation; O38 Government policy (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/s41412-016-0027-y

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