The UNCTAD and the United Nations Development Programme (UNDP) have just launched the report “Creative Economy Report 2010”. The study reviews the market situation for all creative industries and summarizes recent developments in all regions of the world. It examines the economic, cultural, social, technological, and environmental trends that have prevailed over the past two years, taking a particularly close look at the consequences of the financial crisis and offering 10 key messages to assist governments in policy-making to enhance their creative economies.
The report notes that global exports of creative goods and services more that doubled between 2002 and 2008. The total value of these exports reached US$ 592 billion in 2008, and the growth rate of the industry over that six-year period averaged 14 percent.
The creative economy offers developing countries a feasible option and new opportunities to leapfrog into emerging high-growth areas of the world economy.
The electronic version of the report can be downloaded here.