Latest update January 29th, 2025 10:05 AM
Latest News
- “Now is the time to take more loans”-Sport Minister
- Oil-rich Guyana would be bankrupt if it gave $1M to every family – Minister Bharrat claims
- Five-year-old among two killed in Israeli attacks amid Gaza ceasefire
- Introducing biometrics without legal framework would be unconstitutional – GECOM
- Brutus wants High Court to quash PSC Tribunal
Data Gaps hindering measurement of cultural and creative industries impact on Caribbean development
Gaps Hindering Measurement of Cultural and Creative Industries Impact on Caribbean Development
Kaieteur News – Inadequacies in data collection have been identified by experts as a significant deterrent to measuring the true importance and impact of the cultural and creative industries (CCI) on Caribbean economies, a sector valued at more than US$ 1 trillion globally.
The Caribbean Development Bank (CDB) highlighted the CCI as drivers of sustainable development and resilience in the Region during the recent seminar Imagineering: Using Creative Industry Research to Devise Development Strategies.
Dr. Marisa Henderson, Chief of the Geneva-based Creative Economy Programme at UN Trade and Development (UNCTAD) shared recent research which showed that total exports of creative services worldwide reached record levels of US$ 1.4 trillion in 2022 – almost double that of exports of creative goods at about US$ 713 billion.
Despite these impressive figures, Dr. Henderson acknowledged that the existing data likely “does not fully reflect the importance of these industries, because we have not been collecting [enough of] the data to date.” Dr. Deborah Hickling Gordon, a cultural economy consultant, lecturer, and coordinator of the Bachelor in Cultural and Creative Industries at The University of the West Indies, emphasised the scarcity of data as one of the two greatest threats to the development of Caribbean cultural economies.
“The truth of the matter is, if we can’t – and if we won’t – measure, map, or define the Caribbean cultural economy, we will be unable to adequately plan for its development. It’s really as simple and as complicated as that,” said Dr. Hickling Gordon. Noting the scarcity of political will as the other big threat, Dr. Hickling Gordon advocated for educating Caribbean populations about the importance of their cultural economies. “Many of them still see it as just singing and dancing, but a festival is a source of economic growth because of the gaiety and excitement that it brings. So there needs to be a clearer understanding that there is value in gaiety and excitement.”
CDB’s Cultural and Creative Industries Innovation Fund (CIIF) project attempts to address data infrastructure gaps by training statisticians in data collection and analysis. Chief Executive Officer of international development policy consultancy Canaan Bridges Consulting Inc. and CIIF team member, Dr. Marsha Simone Cadogan, pointed out that protecting the intellectual property rights of creators is also essential. “If we’re going to incentivise creators to create and to produce content that’s valued in society, it needs to be adequately protected.” Imagineering: Using Creative Industry Research to Devise Development Strategies was held in June during CDB’s 54th Annual Meeting in Ottawa, Canada, and online.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
A warning to President Ali on U.S. Overtures
Peeping Tom… Kaieteur News- It remains unknown what President Ali told the U.S. Secretary of State during their recent... more
OAS Secretary General Election and renewed OAS Consensus
Antiguan Barbudan Ambassador to the United States, Sir Ronald Sanders By Sir Ronald Sanders Kaieteur News- The upcoming election... more
Weekend Cartoon
