Recession is all over the news –but what does this mean for the creative industries? Traditionally it was thought that culture and creativity would be the first victims of recession.
However, CMCI’s new Professor of Culture, Media and Economy Andy C. Pratt argues in a new paper that this has changed and we need to rethink the role of culture and the economy.
You can read all about it in Andy C. Pratt, “The Creative and Cultural Economy and the Recession,” Geoforum, 40(4) (2009): 495-496.
Andy says that the latest inflation data in the UK points to culture and leisure leading us out of the recession – and that this seems to confirm the hypothesis put forward in his paper. See: