Mapping Mumbai’s cultural and creative industries
Source:https://ftt.tw/Xf4xE
From: Taipei World Trade Center Liaison Office in Chennai
Update Time:2018/12/24
Exciting ideas for urban living this year were not limited to design and planning of cities, buildings and vehicles. An idea with repercussions for future urban development was concretised into a path-breaking report for the first time ever in the world last week. It compels us to look at urban areas with new insight: Cities as hubs of cultural and creative industries that run into trillions of dollars worldwide, and how these industries impact the attractiveness or liveability of cities.
The first such report from UNESCO, authored by the consulting group EY, maps out the macro economy of the cultural and creative industries (CCI as the report terms them) in the world, continent by continent, industry by industry, and draws out the relationship between them and cities. The CCI spans 11 key sectors: advertising, architecture, books, gaming, music, movies, newspapers and magazines, performing arts, radio, television and visual arts.
The creative economy employed nearly 30 million people worldwide and generated $2.25 trillion in revenue — or 3% of the world’s GDP — in 2013, according to the report. This is substantially more than global telecommunications ($1.57 trillion) and greater than the GDP of India, Russia, or Canada. The top three employers were visual arts, books, and music. Cities are the centres of this economy, the report states.
Besides toting up revenues, the cultural and creative industries boost a city’s attractiveness to people. “World-class cultural infrastructure is a catalyst for urban development: building a museum often offers opportunities to engage in large urban development projects and to develop a new “city brand” around cultural and creative industries. Such flagship projects boost a city’s attractiveness for tourists, talent and highly skilled workers,” the report points out.
Source:
https://www.hindustantimes.com/mumbai/mapping-mumbai-s-cultural-and-creative-industries/story-auBjf0dW80iVrCdCmiXolO.html